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productivity and convergence. The potential existence of geographical spillovers of human capital is also considered by applying … of human capital on regional productivity and convergence, but reveals no evidence of any positive geographical …
Persistent link: https://www.econbiz.de/10010276317
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/10010274657
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large … positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent … ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors …
Persistent link: https://www.econbiz.de/10010280726
spillovers on total factor productivity (TFP). In common with previous studies, we find evidence of intra-industry spillovers … relations into account. We find important productivity spillover effects from plants in upstream industries. Interestingly, a …
Persistent link: https://www.econbiz.de/10010268123
interactions that increase productivity), possibly reinforced by localised natural advantage. To distinguish between them, we nest … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the … cannot explain spatial productivity differences. This result holds across sectors, city size thresholds, establishment …
Persistent link: https://www.econbiz.de/10010282439
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/10010282465
productivity. The empirical evidence on the validity of this assumption is surprisingly thin and subject to various potential … productivity-wage gaps. They find that occupations play distinct roles for remuneration and productivity: while the estimations … indicate a significant upward-sloping occupational wage-profile, the hypothesis of a flat productivity-profile cannot be …
Persistent link: https://www.econbiz.de/10010280673
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
to 30 per cent higher productivity than their works-councilfree counterparts. Such findings can only serve to buttress … present paper, we estimate the effects of works councils on productivity, 1997-2000, using a nationally representative German … the powers of the works council are a datum, it emerges that the positive productivity differential is a chimera. By the …
Persistent link: https://www.econbiz.de/10010261548
Persistent productivity gains to rural-urban migrants have been documented by a number of researchers. One …
Persistent link: https://www.econbiz.de/10010268387