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Entry, Exit and Productivity : Empirical Results for German Manufacturing Industries
Wagner, Joachim - 2007
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
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How Darwinian Should an Economy Be?
Saint-Paul, Gilles - 2014
This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by which more successful firms are replicated at a higher rate. The structure of the model allows to characterize analytically the aggregate dynamics, and to compute the effect on...
Persistent link: https://www.econbiz.de/10013042991
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Covid-19 and Entrepreneurship Entry and Exit : Opportunity Amidst Adversity
Otrachshenko, Vladimir; Popova, Olga; Nikolova, Milena; … - 2022
We theoretically and empirically examine how acquiring new skills and increased financial worries influenced entrepreneurship entry and exit intentions during the pandemic. To that end, we analyze primary survey data we collected in the aftermath of the COVID-19's first wave in Russia, which has...
Persistent link: https://www.econbiz.de/10014077580
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Wage Determination in the U.S. Airline Industry : Union Power Under Product Market Constraints
Hirsch, Barry T. - 2021
of carriers. Since airline deregulation, compensation has waxed and waned in response to the industry's economic …The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing … product market environment. Airline unions have considerable strike threat power, but are constrained by the financial health …
Persistent link: https://www.econbiz.de/10013317367
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How Do Airlines Cut Fuel Usage, Reducing Their Carbon Emissions?
Brueckner, Jan K.; Kahn, Matthew E.; Nickelsburg, Jerry - 2023
Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study … externality. The airline industry's capital stock can be easily inventoried as a set of long-lived, durable aircraft. This …. Changes in airline operations directed toward conserving fuel can be an important path toward lower emissions …
Persistent link: https://www.econbiz.de/10014348423
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Entry Barriers and the Labor Market Outcomes of Incumbent Workers : Evidence from a Deregulation Reform in the German Crafts Sector
Lergetporer, Philipp - 2018
We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become …
Persistent link: https://www.econbiz.de/10012909864
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Barriers to Entry, Deregulation and Workplace Training
Bassanini, Andrea; Brunello, Giorgio - 2021
deregulation reduces profits per unit of output, and thereby reduces training. On the other hand, the number of firms increases … results are unambiguous and show that an increase in product market deregulation generates a sizeable increase in training …
Persistent link: https://www.econbiz.de/10013317117
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Labor Market Concentration and Competition Policy Across the Atlantic
Araki, Satoshi; Bassanini, Andrea; Green, Andrew; … - 2022
Drawing upon data from the largest cross-country study of labor market concentration to date, this paper analyzes the level of concentration of labor input markets in Europe and North America and provides a comparative perspective on employers' monopsony power. It explores the characteristics of...
Persistent link: https://www.econbiz.de/10014243403
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Establishment Exits in Germany : The Role of Size and Age
Fackler, Daniel - 2012
Using comprehensive data for West Germany, this paper investigates the determinants of establishment exit. We find that between 1975 and 2006 the average exit rate has risen considerably. In order to test various "liabilities" of establishment survival identified in the literature, we analyze...
Persistent link: https://www.econbiz.de/10013110201
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Sluggish Institutions in a Dynamic World : Can Unions and Industrial Competition Coexist?
Hirsch, Barry T. - 2021
During the 1930s and 1940s, collective bargaining emerged as the workplace governance norm in much of the U.S. industrial sector. Following its peak in the 1950s, union density in the U.S. private sector fell steadily, to only 7.4 percent in 2006. Governance shifted from a formalized union norm...
Persistent link: https://www.econbiz.de/10013316913