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Firms in the same industry can differ in measured productivity by multiples of 3. Griliches (1957) suggests one … fixed effects. We show adding human capital variables and the wage bill decreases the ratio of the 90th to 10th productivity … quantiles from 3.27 to 2.68 across eight Danish manufacturing and service industries. The productivity dispersion decrease is …
Persistent link: https://www.econbiz.de/10012461805
An important gap in most empirical studies of establishment-level productivity is the limited information about workers …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …-access establishment-level productivity dataset created by the BLS-Census Bureau Collaborative Micro-productivity Project. We take a first …
Persistent link: https://www.econbiz.de/10013462669
impact on post-entry size, survival, and productivity of startups. Consistent with our organizational capital hypothesis …
Persistent link: https://www.econbiz.de/10012482633
Within-industry differences in measured plant-level productivity are large. A large literature has been devoted to … classification and regression trees. We use our imputations and the Bureau's imputations to estimate within-industry productivity … dispersions. The results suggest that there is more within-industry productivity dispersion than previous research has indicated …
Persistent link: https://www.econbiz.de/10012460842
To what extent does high-growth entrepreneurship depend on skilled human capital? We estimate the impact of the inflow of inventors into a region on the founding of high-growth firms, instrumenting mobility with the county-level share of millions of inventor surnames in the 1940 U.S. Census....
Persistent link: https://www.econbiz.de/10012481458
shocks as well as both individual-level and firm-level productivity metrics. We find that human capital exits firms after a … their long-term productivity. They get replaced with lower productivity players. Overall, our results show that in a setting … towards a better overall match between individual-level and firm-level productivity …
Persistent link: https://www.econbiz.de/10012938751
Traditional human capital theory emphasizes a worker's investment in knowledge. However, when a worker is faced with day-to-day problems on the job, the solutions to the problems often require more knowledge from a team of experts within the firm. When a worker taps into the knowledge of...
Persistent link: https://www.econbiz.de/10012463031
Investors face significant barriers in evaluating the performance of hedge funds and commodity trading advisors (CTAs). The only available performance data comes from voluntary reporting to private companies. Funds have incentives to strategically report to these companies, causing these data...
Persistent link: https://www.econbiz.de/10012464223
This paper contributes to the literature on the relationship between human capital and organizational performance. We use detailed longitudinal monthly data on nursing units in the Veterans Administration hospital system to identify how the human capital (general, hospital-specific and unit or...
Persistent link: https://www.econbiz.de/10012461185
differences between national or regional productivity growth rates, when there are constant static returns to scale in production … account for permanent international productivity growth differentials. An alternative mechanism is the nontradedness of an …
Persistent link: https://www.econbiz.de/10012474745