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consistently that the introduction of a PSP or a TIP will lead to a significant increase in productivity (about 10 percent) whereas … no such evidence found for ESOPs or SOPs. We also find that the productivity payoff appears to be more long-lasting for … complements in their productivity effects …
Persistent link: https://www.econbiz.de/10013139059
evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly … taking differences along the conditional productivity distribution and firms with extreme values, or outliers, into account …) indicate that the productivity pecking order found in numerous studies using data for firms from manufacturing industries …
Persistent link: https://www.econbiz.de/10013119546
A worker co-operative is a firm that is owned and managed by those who work in it. This paper provides a selective review of research in economics on worker cooperatives. It concentrates on the volatility of earnings and employment in the co-ops compared with conventional capitalist firms; on...
Persistent link: https://www.econbiz.de/10013099086
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013039087
negative causal impact on employment in offshoring firms. The effect is positive and large for productivity, and weak evidence …
Persistent link: https://www.econbiz.de/10013153306
establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … decrease in the steady-state average productivity of roughly 0.5 percent compared to the optimum's steady-state. This decrease … in productivity is not innocuous: it leads to a doubling of the welfare cost of inflation …
Persistent link: https://www.econbiz.de/10013154485
American and Caribbean countries to analyze the magnitude and determinants of the productivity gap between large and SME firms … and to simulate of the impact on productivity of various policy scenarios …
Persistent link: https://www.econbiz.de/10013155323
Persistent link: https://www.econbiz.de/10013157035
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …
Persistent link: https://www.econbiz.de/10013158514
Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent...
Persistent link: https://www.econbiz.de/10012777270