efficiency, labor productivity, and growth. We also include imports into the knowledge production function, because catching up … economies may adopt technologies embodied in imported hardware. Additionally, we link productivity and innovation output to … process innovation in all performance features except for labor productivity. However, higher efficiency does not improve the …

We analyze the effect of new business formation on the productivity of incumbent manufacturing establishments. We … obtain robust empirical evidence of productivity improvements that are due to the emergence of new businesses in the same … new businesses on the input market and cross-industry effects are not related to incumbents’ productivity changes. The …

. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both … public-to-private and private-to-private buyouts. Target productivity gains are larger yet for deals executed amidst tight … sharply curtails productivity gains in public-to-private and divisional buy-outs. Average earnings per worker fall by 1.7% at …

show higher productivity levels as compared to those located in smaller regions, the role of an agglomeration is very … distinct depending on the foundation type. Spin-offs in larger regions tend to keep the higher productivity level shown in the …

"explains", to some extent, inflation. Modern macroeconomic theory, however, considers inflation targeting central banks which ….e. credit creation. A simple NKM model with fiat money demonstrates that money growth is tied to inflation, changes of output … and interest rate changes. The latter are determined by inflation and output gap if we consider an inflation …