Showing 1 - 10 of 1,991
This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the … impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in …-cost margin, enhances productivity growth, controlling for a broad range of industrial and firm-specific characteristics. Moreover …
Persistent link: https://www.econbiz.de/10013308643
innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and … changing technological regulations—let alone increase productivity. Great potential exists for innovation in crop and livestock …U.S. agriculture was transformed during the 20th century by waves of innovation with mechanical, biological, chemical …
Persistent link: https://www.econbiz.de/10013322662
We provide a theoretical model linking firm characteristics and expected returns. The key ingredient of our model is technological shocks embodied in new capital (IST shocks), which affect the profitability of new investments. Firms' exposure to IST shocks is endogenously determined by the...
Persistent link: https://www.econbiz.de/10013107998
The resource boom effect and the input price effect of raw material price changes are analyzed within a two-period, two-sector (plus resource industry), open economy framework. Diagrammatic exposition is used to study the 'Dutch disease', and in particular the distinction between the short term...
Persistent link: https://www.econbiz.de/10013237604
When current employers rave more information about worker quality than to potential employers, sectoral shocks cause structural unemployment. That is, some workers laid off from an injured sector remain unemployed despite the fact that trey are of sufficient quality to be productively employed...
Persistent link: https://www.econbiz.de/10013226934
Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship exists. Traditional economic explanations emphasize factors that reduce entry costs or raise...
Persistent link: https://www.econbiz.de/10013070743
profit-deviating preferences from the state-defined regulatory status of nonprofit production. We argue that this separation … is crucial in providing predictions about the underlying forces which allow the coexistence of nonprofit and for-profit … separating choice of nonprofit status from profit-deviating preferences, the paper provides predictions about the forces which …
Persistent link: https://www.econbiz.de/10013224865
This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … analysis is that information about union wage and productivity effects is not sufficient to permit prediction of the sign (or … negative union effects on profitability, but growth, productivity and the capital-labor ratio appear to be little affected by …
Persistent link: https://www.econbiz.de/10013212600
The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … utilization and productivity growth within an integrated structural model, and to assess their interactions empirically using … annual two-digit U.S. manufacturing data. Attention is focused on error biases in measuring productivity using traditional …
Persistent link: https://www.econbiz.de/10013244088
new enterprises. After these reforms, however, it has taken a number of years before output and productivity have begun to … result, it takes time before the benefits of reform show up in increases in measured output and productivity. To establish a … that it takes 5-7 years until measured output and productivity begin to grow rapidly following reform. This finding …
Persistent link: https://www.econbiz.de/10013313235