Showing 1 - 6 of 6
-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated inside firms …, which lowers the opportunity cost of innovation, generating an additional trapped factor effect. Starting from a baseline …
Persistent link: https://www.econbiz.de/10013057413
and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in … Spain, a country which had relatively poor productivity growth in agriculture and low living standards prior to 1800, was a … productivity after 1898 …
Persistent link: https://www.econbiz.de/10012760115
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10013064072
We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational outcomes. The UK, Sweden, Canada and the US obtain the...
Persistent link: https://www.econbiz.de/10013044342
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10013218517
-level productivity, profitability, Tobin%u2019s Q, sales growth and survival rates. Management practices also display significant cross …
Persistent link: https://www.econbiz.de/10012752282