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Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...
Persistent link: https://www.econbiz.de/10011377461
We hypothesize, and test for, a negative effect of the length of the commute on worker’s productivity, by examining …
Persistent link: https://www.econbiz.de/10011377584
This paper presents a trade model with capital and labor as factors of production. The main contribution of this paper is that it considers a new type of firm heterogeneity, which is empirically relevant: firms in this paper differ with respect to their factor shares in production. Therefore,...
Persistent link: https://www.econbiz.de/10011377609
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different …
Persistent link: https://www.econbiz.de/10011378136
In this paper, we show that there exists a special breed of firms that are active in both ordinary and processing exports. Contrary to the existing literature that describes processing firms as inferior, these mixed firms are superior to other firms in multiple dimensions, and hence we call them...
Persistent link: https://www.econbiz.de/10012122573
This paper examines the impact of WTO membership on the extensive and intensive margins of product and labor market power of Chinese manufacturing firms during the period 1999- 2006. We first identify a firm's regime of competitiveness, corresponding to a combination of a product market setting...
Persistent link: https://www.econbiz.de/10012026039
productivity growth and Social Security. The Netherlandsexperienced a steady growth after World War II. At the same time, it also … built up a very extensive welfaresystem. Our empirical findings show that productivity growth goes a long way in explaining … differences inincome across cohorts. Productivity growth and Social Security can explain most, if not all, of thedifferences in …
Persistent link: https://www.econbiz.de/10011302136
The extent of beta- and sigma-convergence of average labor productivity across manufacturing industries in 18 OECD … barriers preventing catch-up to occur. We find the level of averagelabor productivity, as a proxy for these barriers, to be …
Persistent link: https://www.econbiz.de/10011302139
(bothfarming and agro-food). An attempt is made to explain differences intotal factor productivity in agriculture indifferent …
Persistent link: https://www.econbiz.de/10011303862
This note identifies profit shifting in response to cross-countrydifferences in corporate tax rates as a source of productivitymismeasurement. To quantify the magnitude of mismeasurement, theprofit-shifting effect is isolated from other possible effects ofcorporatetax rates changes on real...
Persistent link: https://www.econbiz.de/10011304391