Showing 1 - 10 of 213
This study investigates the relationship between production efficiency in financial intermediation and financial system size. The study predicts and tests for the existence of ""systemic scale economies"" (SSEs), whereby value-maximizing intermediaries operating in large systems are expected to...
Persistent link: https://www.econbiz.de/10014399577
Total factor productivity (TFP) growth began slowing in the United States in the mid-2000s, before the Great Recession …
Persistent link: https://www.econbiz.de/10011374729
After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to … analyze productivity and firm dynamism trends from 2003 to 2018. We document six facts that together show a decline in China … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …
Persistent link: https://www.econbiz.de/10013170240
At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of … reducing labor market rigidities in states with high informality has a net positive effect on aggregate productivity …
Persistent link: https://www.econbiz.de/10012518715
We provide broad-based evidence of a firm size premium of total factor productivity (TFP) growth in Europe after the …
Persistent link: https://www.econbiz.de/10012487176
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to …
Persistent link: https://www.econbiz.de/10012009267
This paper investigates the impact of taxation on firm survival, using hazard models and a large-scale panel dataset on over 4 million nonfinancial firms from 21 countries over the period 1995-2015. We find ample evidence that a lower level of effective marginal tax rate improves firms' survival...
Persistent link: https://www.econbiz.de/10012019820
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10014396587
-country differences in total factor productivity (TFP) levels. Two differences distinguish this analysis from that of the related …
Persistent link: https://www.econbiz.de/10014400197
This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on … productivity differ between the pre- and post-World War II periods. The pre-war period shows evidence of a productivity slowdown as …
Persistent link: https://www.econbiz.de/10014401355