. Alternatively, removing barriers between industries and countries would raise EU GDP by at least 25 percent. Firm characteristics … marginal products of capital and labor. We emphasize that some firm characteristics may reflect compensating differentials … due to differences in how the business, institutional and policy environment translates firm characteristics into outcomes …

rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

In this article we re-examine the relationship between group-based profit sharing and productivity. Our meta … impact of firm level unionisation and national differences in values and culture. Profit sharing is positively related to … productivity on average, with a stronger relationship where there is higher unionisation and in countries where honesty is less …

Using firm-level data covering the 27 EU countries, the UK and the US, we show that employers tend to reduce investment … firm-level production functions augmented with two factors, the training stock per employee and digital technology use. We … affects the marginal productivity of the latter, and that a decline in the cost of introducing ADT reduces employers …