Showing 1 - 10 of 473
productivity and electricity productivity. Apart from positive effects on firm economic and environmental performance, cost …-price pass through significantly benefitted consumers, and the productivity improvements limited increases in carbon emissions. …
Persistent link: https://www.econbiz.de/10014470429
model predicts the impact of different patterns of state ownership and/or political connectedness on firm productivity …, and total factor productivity (TFP) using firm-level data for China between 1998 and 2007. We find, consistent with the …
Persistent link: https://www.econbiz.de/10011571621
The productivity of firms is, at least partly, determined by a firm's actions and decisions. One of these decisions … endogenous response of revenue-based and quantity-based productivity to a change in layers: a firm reorganization. We show that … as a result of an exogenous demand or productivity shock that makes the firm reorganize and add a management layer …
Persistent link: https://www.econbiz.de/10011406796
This paper examines the interaction between productivity growth, firms’ monopolistic market power, and workers’ wage … study the correlation of the estimated parameters and markups with the firm-level productivity growth. Second, the paper …
Persistent link: https://www.econbiz.de/10010496909
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
decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and instrumental … annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment targets. Our …. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in the short term. …
Persistent link: https://www.econbiz.de/10014340125
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
I extend multi-unit auction estimation techniques to a setting in which firms can express cost complementarities over time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate these complementarities, which in these markets arise due...
Persistent link: https://www.econbiz.de/10010356362
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...
Persistent link: https://www.econbiz.de/10011573888
In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the alleged abuse of a joint dominant position by strategically withholding generation capacity. The case was settled after E.ON agreed to divest 5,000 MW generation capacity as well as...
Persistent link: https://www.econbiz.de/10011735927