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Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
Persistent link: https://www.econbiz.de/10013060622
Using firm-level data for a sample of European countries, we focus on the effects that product-market regulations have on firm-level TFP growth. We proxy regulatory burdens using the OECD indicators of sectoral non-manufacturing regulations. These allow accounting for both the direct effects of...
Persistent link: https://www.econbiz.de/10013129907
Recent human capital theories predict that labor market frictions and product market competition influence firm …, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through …
Persistent link: https://www.econbiz.de/10013141732
cities toughen competition, allowing only the most productive to survive) and agglomeration economies (larger cities promote …
Persistent link: https://www.econbiz.de/10013107198
Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...
Persistent link: https://www.econbiz.de/10012836579
This paper is one of the first to examine how the use of fixed-term employment contracts (FTCs) affects firm competitiveness (i.e. productivity, wages and profits) while controlling for key econometric issues such as time-invariant unobserved workplace characteristics, endogeneity and state...
Persistent link: https://www.econbiz.de/10012962263
We construct a multi-country employer-employee data to examine the consequences of employment protection. We identify the effects by comparing worker exit rates between units of the same firm that operate in two countries that have different seniority rules. The results show that...
Persistent link: https://www.econbiz.de/10013001331
differences between regulated occupations and unregulated occupations in East Germany to the corresponding differences in West … Germany after reunification. Consistent with our expectations, we find that entry regulation reduces entry into self …-employment and occupational mobility after reunification more in regulated occupations in East Germany than in West Germany. Our …
Persistent link: https://www.econbiz.de/10013158672
development (R&D)) for a large representative sample of enterprises from manufacturing industries in Germany using unique newly …
Persistent link: https://www.econbiz.de/10013096452
econometric results show that the company-level pacts' success depends on the specific measures which are agreed and on the …
Persistent link: https://www.econbiz.de/10013087394