Showing 1 - 10 of 411
Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less studied feature of corruption, namely bribe...
Persistent link: https://www.econbiz.de/10013136941
particular regions of Brazil in the late 19th and early 20th century. We show that municipalities that received settlements …
Persistent link: https://www.econbiz.de/10013016395
This paper uses a unique new data set on nearly a thousand manufacturing firms in Brazil and India to investigate the … education. The econometric evidence documents a strong relationship between ICT capital and productivity in both countries, even …
Persistent link: https://www.econbiz.de/10012750467
Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10013138258
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10013118054
Offshoring is generally believed to be productivity-enhancing and this belief is underpinned by economic theory. This … productivity. Estimating the impact of materials and business services offshoring on productivity growth with industry-level data … show that there is no productivity effect of materials offshoring, while business services offshoring leads to productivity …
Persistent link: https://www.econbiz.de/10013123598
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction … of wages to sectoral labor productivity is almost three times larger than the response to pure idiosyncratic (firm …
Persistent link: https://www.econbiz.de/10013124492
, education and demographic characteristics affects the productivity of firms in Denmark. Implementing a structural estimation of … firm's value added. Conversely, diversity in ethnicity and demographics induces negative effects on firm productivity …
Persistent link: https://www.econbiz.de/10013098130
productivity, exploiting an exogenous variation in the institutional environment regulating collective bargaining. We find that the … introduction of collective performance related pay significantly increases productivity by around 3-5 per cent, but such effect … type of parameters used – is also relevant for firm productivity …
Persistent link: https://www.econbiz.de/10013107470
This paper investigates the role of policies and institutions for aggregate labour market dynamics during the recent financial crisis using firm-level data. First, it provides comparable estimates on firm-level labor adjustment by country, industry and firm size. Second, using variance...
Persistent link: https://www.econbiz.de/10013081802