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. Using recent data from Russia for 2000-2008, we find that the introduction of corporate governance codes in Russia had …
Persistent link: https://www.econbiz.de/10010282468
set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects … the probability of process innovation, particularly for small firms and for firms in high(er) tech sectors and in sectors … more dependent upon external finance. The evidence for product innovation is weaker. There is also some evidence that …
Persistent link: https://www.econbiz.de/10010267494
This paper uses 1985-1999 manufacturing census data for old Russian enterprises to calculate the magnitude and productivity effects of gross job flow rates before and after reforms. Job creation was low throughout the period in this sector, but increased slightly during the transition, while job...
Persistent link: https://www.econbiz.de/10010262559
, performance and R&D investment. This study attempts to identify determinants of provision of credit guarantees and estimate their …&D investment relationships. This study results in identification of factors that enhances efficiency of funds and their effects on … firms' R&D investment behavior. It enables feedback effects on the public funds selection of firms guaranteed. A number of …
Persistent link: https://www.econbiz.de/10010328922
, performance and R&D investment. This study attempts to identify determinants of provision of credit guarantees and estimate their …&D investment relationships. This study results in identification of factors that enhances efficiency of funds and their effects on … firms' R&D investment behavior. It enables feedback effects on the public funds selection of firms guaranteed. A number of …
Persistent link: https://www.econbiz.de/10010884264
We study the implications of product market competition and investment for price setting, wage bargaining and thereby …
Persistent link: https://www.econbiz.de/10010261822
We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …
Persistent link: https://www.econbiz.de/10010261921
dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …
Persistent link: https://www.econbiz.de/10010261963
competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first-best level of investment, both in the short run for a given number of …
Persistent link: https://www.econbiz.de/10010267488
role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10010269571