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The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when being vertically integrated with a supplier may well decide to buy certain components from this supplier even at a lower quality than that offered by external sources. When the...
Persistent link: https://www.econbiz.de/10010261581
The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when being vertically integrated with a supplier may well decide to buy certain components from this supplier even at a lower quality than that offered by external sources. When the...
Persistent link: https://www.econbiz.de/10005703228
other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … residential care homes, and a second on firms across all sectors). Interestingly, we find no evidence that the profitability …
Persistent link: https://www.econbiz.de/10010267300
Germany, this paper presents the first comprehensive evidence on the relationship between exports and profitability. It … documents that the positive profitability differential of exporters compared to non-exporters is statistically significant …. Instead, we use a newly developed continuous treatment approach and show that exporting improves the profitability almost over …
Persistent link: https://www.econbiz.de/10010269330
According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female …
Persistent link: https://www.econbiz.de/10010277126
We investigate the relationship between outsourcing and profitability paying particular attention to the endogeneity of …
Persistent link: https://www.econbiz.de/10010277436
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from …-productivity profiles, which are consistent with human capital theory, and adds a new finding of a rather negative effect of age on firms …' profitability, which is consistent with deferred compensation considerations. Moreover, our analysis reveals for the first time that …
Persistent link: https://www.econbiz.de/10010282402
There is considerable evidence that producer-level churning contributes substantially to aggregate (industry) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the fact that producer-level prices are typically unobserved;...
Persistent link: https://www.econbiz.de/10010274165
, specificity, and the complexity, are analyzed by using firm level data in Turkey. This study has three main conclusions. As for …
Persistent link: https://www.econbiz.de/10011307478
An increasingly influential technological-discontinuity paradigm suggests that IT-induced technological changes are 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...
Persistent link: https://www.econbiz.de/10010333318