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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
advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …
Persistent link: https://www.econbiz.de/10010271756
advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …
Persistent link: https://www.econbiz.de/10005703404
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/10005762398
France posted remarkable gains in employment in the second half of the 1990s, suggesting that, beyond cyclical factors …
Persistent link: https://www.econbiz.de/10010267390
France posted remarkable gains in employment in the second half of the 1990s, suggesting that, beyond cyclical factors …
Persistent link: https://www.econbiz.de/10005233805
This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...
Persistent link: https://www.econbiz.de/10010513139
This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...
Persistent link: https://www.econbiz.de/10011250613
The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … there is a trade-off between employment and productivity. … world economies, developed and developing. We begin with the importance of productivity growth for developing countries …
Persistent link: https://www.econbiz.de/10010329131
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