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German and Austrian firm productivity. Unique matching of data from 1994 to 2003 suggests that tarif reductions raise parent … firm productivity significantly. A ten percentage point decrease in tarif rates can lead to total factor productivity gains …
Persistent link: https://www.econbiz.de/10010427590
drives low-productivity firms from the small country's home market, replacing them with high-productivity exporters from … abroad. This endogenous policy response creates a selection effect that increases the average productivity of home firms when …
Persistent link: https://www.econbiz.de/10010427604
(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …
Persistent link: https://www.econbiz.de/10010427563
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort …-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …
Persistent link: https://www.econbiz.de/10010427573
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...
Persistent link: https://www.econbiz.de/10010427633
Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross …
Persistent link: https://www.econbiz.de/10010427554
-dependence; for periods of relatively high and volatile inflation not only the size of price changes (intensive margin) but also the … fraction of price adjustment (extensive margin) is important for aggregate inflation dynamics. Moreover, at the business cycle … frequency, variations in the extensive margin explain a large fraction of inflation variability even for moderate inflation …
Persistent link: https://www.econbiz.de/10010427610
A firm that faces insufficient supply of labor can either increase the wage offer to attract more applicants, or reduce the hiring standard to enlarge the pool of potential employees, or do both. This simultaneous adjustment of wages and hiring standards has been emphasized in a classical...
Persistent link: https://www.econbiz.de/10010427513
This paper studies the relationship between export activities and firm-level productivity. Unique matching of German … a rise in firm-level productivity. That is, the annual average growth rate of an exporting firm's productivity is … foreign markets boosts firm-level productivity. …
Persistent link: https://www.econbiz.de/10010427579
shown to be robust even when the upstream supplier faces competition in the form of fringe supply. …
Persistent link: https://www.econbiz.de/10010427606