Showing 1 - 10 of 15
Over the last two decades privatization programs in different countries radically reduced the role of the State as a …'s principal-agent structure following privatization, and incentives to invest in R&D and to patent. We compare the pre and post … privatization R&D effort and patenting behavior of 35 companies that were fully or partially privatized in 9 European countries …
Persistent link: https://www.econbiz.de/10011335727
above average size, initial profitability and initial labor productivity. After controlling for this selection bias, we find … that foreign investment has a positive, but statistically insignificant, impact on TFP (Total Factor Productivity) growth …
Persistent link: https://www.econbiz.de/10011608384
Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …
Persistent link: https://www.econbiz.de/10011335746
efficiency gains result from better incentives and productivity, rather than from wholesale firing of employees and profitability …
Persistent link: https://www.econbiz.de/10011608788
process. Particularly, it analyzes the symbiotic link between share issue privatization (SIP), i.e. privatization in public …
Persistent link: https://www.econbiz.de/10010312583
indicators such as employment, turnover, and labour productivity growth. We exploit a unique dataset of 773 Italian service firms … employment, turnover, and labour productivity from the System of the Enterprise Account (SEA). We specify a Gibrat-like empirical … and turnover and a consequent not significant effect on labour productivity growth. The effect on employment is partly in …
Persistent link: https://www.econbiz.de/10010270950
The paper addresses the relevancy of networking activities and R&D as main drivers of productivity performance and … on productivity drivers and on complementarity between R&D and networking strategies, with respect to firm productivity … and process/product output innovation. R&D is a main driver of innovation and productivity, even without networking. This …
Persistent link: https://www.econbiz.de/10010312284
This paper provides an exploratory analysis on the relationship between educational qualification and work status in Italy, with a particular focus on entrepreneurs and self-employed workers. Rough data are drawn from four waves (1995, 1998, 2002, and 2004) of the Survey of Household Income and...
Persistent link: https://www.econbiz.de/10010312463
This paper analyses the turnover of board of directors members on a sample of companies listed on the Milan Stock Exchange in the period 1988-1996. Our aim is to investigate if board members change more frequently when company performance is poor, as the literature suggests, if this relationship...
Persistent link: https://www.econbiz.de/10011608494
We study the relationship between (log) current earnings and educational levels in Italy. In line with other international evidence, we find that OLS under-estimate the marginal return to additional education. When the endogeneity of educational choice is taken into account, the marginal return...
Persistent link: https://www.econbiz.de/10011608375