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Decentralized environmental regulations and plant-level productivity
Ghosal, Vivek; Stephan, Andreas; Weiss, Jan F. - 2018
Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to …
Persistent link: https://www.econbiz.de/10011906240
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Let's switch to the cloud : cloud adoption and its effect on IT investment and productivity
Duso, Tomaso; Schiersch, Alexander - 2022
, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to … IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …
Persistent link: https://www.econbiz.de/10013368656
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The commitment role of equity financing
Fahn, Matthias; Merlo, Valeria; Wamser, Georg - 2014
Existing theories of a firm’s optimal capital structure seem to fail in explaining why many healthy and profitable firms rely heavily on equity financing, even though benefits associated with debt (like tax shields) appear to be high and the bankruptcy risk low. This holds in particular for...
Persistent link: https://www.econbiz.de/10010366170
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The organization of knowledge in multinational firms : presented at CESifo Area Conference on Global Economy, May 2014
Gumpert, Anna - 2015
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
Persistent link: https://www.econbiz.de/10011281300
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Foreign ownership and skillbiased technological change
Koch, Michael; Smolka, Marcel - 2018
upgrading in foreign-acquired firms. We reveal substantial productivity gains within foreign-acquired firms and we show that …
Persistent link: https://www.econbiz.de/10011929606
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Uncertain productivity growth and the choice between FDI and export
Yalcin, Erdal - 2009
and sheds light on the effects of productivity growth. On the basis of a Geometric Brownian motion, three different … productivity scenarios are considered (no growth, deterministic growth, uncertain growth) and opposed to each other. The … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with …
Persistent link: https://www.econbiz.de/10003883086
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International value-added linkages in development accounting
Cuñat, Alejandro; Zymek, Robert - 2018
endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped … "residual" productivity required to explain the observed per-capita income differences by more than one half. …
Persistent link: https://www.econbiz.de/10011892529
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Labour market power and the dynamic gains to openness reforms
Jha, Priyaranjan; Rodríguez López, Antonio; Spencer, … - 2023
We develop a dynamic general equilibrium framework with firm heterogeneity and monopsonistic labour markets, for quantification of the impact of trade and FDI liberalisation episodes. Firms make standard extensive margin investment choices into exporting and multinational statuses. The labour...
Persistent link: https://www.econbiz.de/10013503390
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Trade, factor mobility and the extent of economic integration : theory and evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2015
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011309224
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Is hard Brexit detrimental to EU integration? : theory and evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2018
In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the Europea+n Union (EU). In this paper we evaluate...
Persistent link: https://www.econbiz.de/10011892540