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Managing trade : evidence from China and the US
Bloom, Nicholas; Manova, Kalina; Van Reenen, John; Sun, … - 2018
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product … quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …
Persistent link: https://www.econbiz.de/10011864551
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Global trends in numeracy 1820-1949 and its implications for long-run growth
Crayen, Dorothee (contributor); Baten, Jörg (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641631
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Entrepreneurship, organization capital and the evolution of the firm
Oshima, Atsushi (contributor); Ravikumar, B. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003647270
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Optimal taxation of risky human capital
Jacobs, Bas; Schindler, Dirk; Yang, Hongyan - 2009
In a model with ex-ante homogenous households, earnings risk and a general earnings function, we derive the optimal linear labor tax rate and optimal linear education subsidies. The optimal income tax trades off social insurance against incentives to work and to invest in human capital....
Persistent link: https://www.econbiz.de/10003806742
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Bohemians, human capital, and regional economic growth
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2009
An emerging literature on the geography of bohemians argues that a region's lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there has...
Persistent link: https://www.econbiz.de/10003861818
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Productivity shocks and aggregate cycles in an estimated endogenous growth model
Malley, James R.; Woitek, Ulrich - 2009
Using a two-sector endogenous growth model, this paper explores how productivity shocks in the goods and human capital producing sectors contribute to explaining aggregate cycles in output, consumption, investment and hours. To contextualize our findings, we also assess whether the human capital...
Persistent link: https://www.econbiz.de/10003850283
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Does military draft discourage enrollment in higher education? : evidence from OECD countries
Keller, Katarina; Poutvaara, Panu; Wagener, Andreas - 2009
Using data from 1960-2000 for OECD countries, we analyze the impact of compulsory military service on the demand for higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a theoretical model, we hypothesize that military draft...
Persistent link: https://www.econbiz.de/10003897549
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Integration, mobility, and human capital formation
Haupt, Alexander; Übelmesser, Silke - 2010
In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...
Persistent link: https://www.econbiz.de/10008697043
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How much do educational outcomes matter in OECD countries?
Hanushek, Eric Alan; Woessmann, Ludger - 2010
Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...
Persistent link: https://www.econbiz.de/10008732340
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The rise of individual performance pay
Kvaloy, Ola (contributor); Olsen, Trond E. (contributor) - 2007
Persistent link: https://www.econbiz.de/10003624013