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In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates these two factors in the technological-progress...
Persistent link: https://www.econbiz.de/10012446897
In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates these two factors in the technological-progress...
Persistent link: https://www.econbiz.de/10005049015
This paper analyses the role of intangibles and digital adoption for firm-level productivity in the Netherlands drawing … on a newly constructed panel data set of Dutch enterprises. It provides robust evidence on productivity effects of … significant impact on firm-level productivity growth in the service sector and for younger firms. Productivity benefits from …
Persistent link: https://www.econbiz.de/10012661000
leads to changes in incumbent firms’ productivity. We find that platform use increases labour productivity growth in firms … employment. What is more, productivity gains are greater for small firms and firms in the middle of the productivity distribution … in narrowing productivity gaps among firms. Finally, productivity gains are stronger in more dynamic platform markets …
Persistent link: https://www.econbiz.de/10012661010
Intangible assets are an important driver of productivity and ultimately output growth. Yet, despite their aggregate … rise in the past decades, productivity has continued to grow modestly in the majority of OECD countries. This is in part … analysis, the paper provides evidence that easing financing restrictions is particularly beneficial for productivity in sectors …
Persistent link: https://www.econbiz.de/10012661025
The recovery from the current deep recession caused by the COVID-19 pandemic will require raising productivity through … competition, firms face weak incentives to become more productive. Sizeable shares of labour and capital are trapped in low-productivity …
Persistent link: https://www.econbiz.de/10012630141
corporate taxes on productivity and investment. Applying a differences-in-differences estimation strategy which exploits … effect on productivity at the firm level. The effect is negative across firms of different size and age classes except for …. This may partly explain the negative productivity effects of corporate taxes if new capital goods embody technological …
Persistent link: https://www.econbiz.de/10012444515
microeconomic and macroeconomic productivity growth. The final section discusses the main empirical findings, the caveats of …
Persistent link: https://www.econbiz.de/10012445131
entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. The main findings of this study … existing studies on other countries, plant turnover reflects underlying productivity differentials in Korean manufacturing … account for as much as 45 and 65 per cent in manufacturing productivity growth during cyclical upturn and downturn …
Persistent link: https://www.econbiz.de/10012445716
As it takes time and effort to learn how to fully utilise new technology and realise its maximum potential productivity … gain, adoption of new technology tends to reduce productivity temporarily, even though the potential productivity gain in … potential explanation of the following two “productivity puzzles” reported in the Information Technology (IT) literature and in …
Persistent link: https://www.econbiz.de/10012445893