Showing 1 - 7 of 7
in a region or sector, it is their productivity advantage that determines the positive effect on domestic firms in … measuring total factor productivity (TFP) of firms and to different empirical specifications …
Persistent link: https://www.econbiz.de/10012467794
Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity … procyclical productivity as an essential feature of business cycles because each explanation has important implications for … utilization and resource reallocations are particularly important in explaining procyclical productivity. We also argue that the …
Persistent link: https://www.econbiz.de/10012470796
In this paper, we derive and estimate relationships governing variable utilization of capital and labor for a firm solving a dynamic cost-minimization problem. Our method allows for (i) imperfect competition, (ii) increasing returns to scale, (iii) unobserved changes in utilization, (iv)...
Persistent link: https://www.econbiz.de/10012472909
and capital are important for explaining procyclical productivity. Here I present two simple and direct tests of these …
Persistent link: https://www.econbiz.de/10012473533
manufacturing sector has little or no significant effect on the productivity of other sectors. Using value-added data, however, we …
Persistent link: https://www.econbiz.de/10012473816
procyclicality of productivity, and simultaneously predicts large welfare losses from monetary non-neutrality. The key features of …
Persistent link: https://www.econbiz.de/10012474098
This paper explores the impact of immigrants on the imports, exports and productivity of service-producing firms in the … productivity of the firm as well as its export behavior. The first effect can be understood as the re-assignment of offshore … productive tasks to immigrant workers. The second can be seen as a productivity or cost cutting effect due to immigration, and …
Persistent link: https://www.econbiz.de/10012457467