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Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …, employment, and capital equations largely corroborate the implications of the behavioral models of the two types of enterprise …
Persistent link: https://www.econbiz.de/10010276248
Korea, Mexico and Poland. Using industry-level data, we show that i) technology diffusion and productivity gains tend to be …
Persistent link: https://www.econbiz.de/10010262129
Governments the world over offer significant inducements to attract inward investment, motivated by the expectation of … productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …
Persistent link: https://www.econbiz.de/10010271801
studies analyzing the relative capital-skill complementarity hypothesis formulated by GRILICHES (1969). According to this … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
Persistent link: https://www.econbiz.de/10010262521
balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise … shows some support for capital-skill complementarity, but the strength of the evidence depends upon the definition of …
Persistent link: https://www.econbiz.de/10010269310
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010333318
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … in the former Soviet Republics of Russia and Ukraine. Analyzing interfirm reallocation of output, labor, capital, and an … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …
Persistent link: https://www.econbiz.de/10010261809
of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and operate on international markets) on the productivity dynamics of enterprises. Using a unique balanced panel of 681 … show that exposure to deep reform have lead to higher productivity realisations while remaining under state ownership. …
Persistent link: https://www.econbiz.de/10010261956
We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
Persistent link: https://www.econbiz.de/10010262073