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in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union … productivity effect near zero. Their speculation that productivity effects are larger in more competitive environments appears to …
Persistent link: https://www.econbiz.de/10010261606
While at least a dozen state legislatures are considering bills to allow the consumption of marijuana for medicinal purposes, the federal government has recently intensified its efforts to close medical marijuana dispensaries. Federal officials contend that the legalization of medical marijuana...
Persistent link: https://www.econbiz.de/10010327243
While at least a dozen state legislatures are considering bills to allow the consumption of marijuana for medicinal purposes, the federal government has recently intensified its efforts to close medical marijuana dispensaries. Federal officials contend that the legalization of medical marijuana...
Persistent link: https://www.econbiz.de/10011279312
In the last decade, social media and the Internet have amplified the possibility to spread false information, a.k.a. fake news, which has become a serious threat to the credibility of politicians, organizations, and other decision makers. This paper proposes a framework for investigating the...
Persistent link: https://www.econbiz.de/10011816479
to higher school productivity. We discuss the evidence in this area, concluding that the impact of competition has proven … to be more mixed and modest than expected. We suggest that this in fact should not be surprising, since economic theory …
Persistent link: https://www.econbiz.de/10010291369
Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature,...
Persistent link: https://www.econbiz.de/10010267442
, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this …
Persistent link: https://www.econbiz.de/10010277014
of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in …
Persistent link: https://www.econbiz.de/10010261614
Using panel data for nearly all service providers in a single industry sector, we examine productivity responses to … interest in maximising productivity. Ours is the first study to measure service industry productivity using both price and … Productivity (TFP) than incumbents. Increased competition from new entrants leads incumbents to reduce the price of union …
Persistent link: https://www.econbiz.de/10012180002
Although market concentration is one of the main impediments to productivity growth globally, data constraints have … the effects of local industry concentration on productivity. The main results show that a decline by 10 points in the … factor productivity of revenue. Local industry concentration also has heterogeneous effects on productivity across industries …
Persistent link: https://www.econbiz.de/10012207828