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paper, we show that frictions in the labour market leading to monitoring costs tend to reduce the growth of the firm via two …
Persistent link: https://www.econbiz.de/10013104968
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from …' profitability, which is consistent with deferred compensation considerations. Moreover, our analysis reveals for the first time that … with a lower level of profitability in these firms. If anything, profitability is (slightly) higher in firms with a larger …
Persistent link: https://www.econbiz.de/10013109440
This paper addresses the apparent paradox between widespread support of cattle farming by agricultural policy interventions and negative returns to cattle as stressed in recent works. Using a representative panel dataset for Andhra Pradesh, a state in the south of India, we examine average and...
Persistent link: https://www.econbiz.de/10013045833
), although this difference is very small. However, they generate the same amount of profit per unit of revenue as men. We find …
Persistent link: https://www.econbiz.de/10013324913
Using nationally representative Norwegian data we show family-owned workplaces are less likely to close than observationally similar non-family-owned workplaces. But this changed during the Crisis when the family businesses' closure hazard soared. This hike in 2009 was not related to performance...
Persistent link: https://www.econbiz.de/10012993945
The capital-to-labor ratio has steadily risen in the U.S. and elsewhere during the post-WWII period. Since the 1970s this rise has been accompanied by a rise in the level and variability of corporate profits whereas the labor share of income has declined. In this paper we ask whether these...
Persistent link: https://www.econbiz.de/10012911171
This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at the workplace. Using daily records from a Peruvian egg production plant, we exploit a sudden change in the worker salary structure and find that workers' effort, firm profits,...
Persistent link: https://www.econbiz.de/10012857695
We investigate the effect of rising labor costs on induced technological change in China's secondary industry. While …/environmental protection, there has been little evidence relating to China's adjustments as rising labor costs affect its global … in labor productivity to changes in labor costs, and the availability of physical capital. Importantly, we derive …
Persistent link: https://www.econbiz.de/10012838478
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10012923225
Production processes are often organised in teams, yet there is limited evidence on whether and how social connections and financial incentives affect productivity in tasks that require coordination among workers. We simulate assembly line production in a lab-in-the-field experiment in which...
Persistent link: https://www.econbiz.de/10012918903