Showing 1 - 10 of 1,261
This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … negative union effects on profitability, but growth, productivity and the capital-labor ratio appear to be little affected by … may have longer term implications for efficiency since the impact on profitability appears to fall most heavily on firms …
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
empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …
Persistent link: https://www.econbiz.de/10013236836
This paper assesses the potential impact of FinTech on the finance industry, focusing on financial stability and access to services. I document first that financial services remain surprisingly expensive, which explains the emergence of new entrants. I then argue that the current regulatory...
Persistent link: https://www.econbiz.de/10012985592
We explore how changes in ownership and managerial control affect the productivity and profitability of producers … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly …
Persistent link: https://www.econbiz.de/10013058693
A positive productivity shock in the host country tends typically to increase the volume of the desired FDI flows to … the host country, through the standard marginal profitability effect. But, at the same time, such a shock may lower the … likelihood of making any new FDI flows by the source country, through a total profitability effect, derived from the a general …
Persistent link: https://www.econbiz.de/10013232174
) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …
Persistent link: https://www.econbiz.de/10013249707
considerations, whereas the second is governed by marginal profitability considerations. A positive productivity shock in the host … decisions are two-fold: whether to export FDI and, if so, how much. The first decision is governed by total profitability … productivity conditions). Empirical literature on the determinants of FDI flows which uses the Tobit procedure aims at a correction …
Persistent link: https://www.econbiz.de/10013242928
In the U.S., some sectoral evidence suggests that growth is driven mainly by productivity enhancing reallocation. In … developing countries, an open question is whether reallocation is productivity enhancing. Using a unique plant-level longitudinal … dataset for Colombia for the period 1982-1998 we examine the interaction between market allocation, productivity and …
Persistent link: https://www.econbiz.de/10013230622
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