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Understanding the nature and magnitude of resource reallocation, particularly as it relates to productivity growth, is important both because it affects how we model and interpret aggregate productivity dynamics, and also because market structure and institutions may affect the reallocation's...
Persistent link: https://www.econbiz.de/10005248791
of the public sector as an `absorber' of educated labor, and the importance of personal human capital created by …
Persistent link: https://www.econbiz.de/10005718071
There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill cells). A generally untested implication of many theories rationalizing the...
Persistent link: https://www.econbiz.de/10005720844
Hierarchies allow individuals to leverage their knowledge through others' time. This mechanism increases productivity and amplifies the impact of skill heterogeneity on earnings inequality. To quantify this effect, we analyze the earnings and organization of U.S. lawyers and use the equilibrium...
Persistent link: https://www.econbiz.de/10005777277
Using a unique nationally representative sample of U.S. establishments surveyed in 1993 and 1996, we examine the relationship between workplace innovations and establishment productivity and wages. We match plant level practices with plant level productivity and wage outcomes and estimate...
Persistent link: https://www.econbiz.de/10005777998
the impact of workplace practices, information technology and human capital investments on productivity. We estimate an …
Persistent link: https://www.econbiz.de/10005778821
The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...
Persistent link: https://www.econbiz.de/10010969291
While there is strong evidence for productivity-driven selection into exporting, previous research has mostly failed to identify export-related efficiency gains within plants. This non-result is derived from revenue productivity (TFPR), thus also reflecting pricing decisions of exporters. Using...
Persistent link: https://www.econbiz.de/10010969319
Government subsidies have driven rapid growth in U.S. wind and solar generation. Using data on hourly outputs and prices for 25 wind and nine solar generating plants, some results of those subsidies are studied in detail: the value of these plants' outputs, the variability of output at plant and...
Persistent link: https://www.econbiz.de/10010950644
microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital … inputs to microenterprises, specifically financial capital (a cash grant) and managerial capital (consulting services), to … operations. The small meta analysis includes results from 18 other experiments in which either capital or managerial capital were …
Persistent link: https://www.econbiz.de/10010950711