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Do external technology acquisitions matter for innovative efficiency and productivity?

Gantumur, Tseveen; Stephan, Andreas - 2010

To quickly adapt to technological change and developments, and thus remain competitive, firms increasingly resort to the use of external technology. This paper investigates whether and to what extent the acquisition of external disembodied technology affects the efficiency and productivity in...

Persistent link: https://www.econbiz.de/10009260253

Assessing the contribution of public capital to private production

Stephan, Andreas - 2002

also explain a part of the still-existing productivity gap between manufacturing in East and West Germany. However, I …

Persistent link: https://www.econbiz.de/10011437022

The distribution and heterogeneity of technical efficiency within industries : an empirical assessment

Fritsch, Michael (contributor); Stephan, Andreas (contributor) - 2004

This paper analyzes the distribution of technical efficiency within manufacturing industries. Using a representative sample of 35,000 firms in 255 industries of the German cost structure census, technical efficiencies are estimated by applying a deterministic frontier production function with...

Persistent link: https://www.econbiz.de/10002416843

What causes cross-industry differences of technical efficiency? : An empirical investigation

Fritsch, Michael (contributor); Stephan, Andreas (contributor) - 2004 - [Elektronische Ressource]

Using micro-level panel data of about 35,000 firms from the German Cost Structure Census, we analyze the differences of technical efficiency across industries. Technical efficiency is estimated by firms' fixed effects. One striking result is that the distribution of technical efficiency across...

Persistent link: https://www.econbiz.de/10002416955

Outsourcing and firm-level performance

Görzig, Bernd; Stephan, Andreas - 2002 - This version: 15 October 2002

Using firm-level panel data from the German cost structure survey over the period 1992 to 2000, our empirical analysis shows that firms that increased material inputs relative to internal labor costs performed better in terms of gross operating surplus than other firms. However, firms that...

Persistent link: https://www.econbiz.de/10011437001

The cost channel effect of monetary transmission : how effective is the ECB's low interest rate policy for increasing inflation?

Schäfer, Dorothea; Stephan, Andreas; Hoang, Khanh Trung - 2017 - This version: March 29, 2017

, we conduct time series analyses for Germany, Italy, and Spain. We find that when manufacturing firms’ interest costs drop … cost channel theory. Taken together, the results of both panel data and time series analyses imply that the ECB’s low … interest rate policy has worked better for boosting inflation in Italy and Spain than in Germany. …

Persistent link: https://www.econbiz.de/10011630975