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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
consequences of these transformations on firm's productivity, using granular data on firms financial and ownership structure as … major concern from a productivity standpoint: firms displaying higher institutional ownership tend to have higher … productivity levels and growth rates compared to their peers, though the positive relationship tends to vanish when institutional …
Persistent link: https://www.econbiz.de/10014435855
as well as their broader impacts on productivity via reallocation, relying on a simulation model and econometric … productivity levels over the medium-term. Results suggest that, over the 2007-2018 period, increases in large-scale loan guarantee … schemes were associated with weaker reallocation of credit and labour from low to high productivity firms. However, these …
Persistent link: https://www.econbiz.de/10012801185
policies to cross-country differences in productivity, innovation and resource allocation. This paper describes the steps taken … to and the trade-offs involved in constructing firm-level total factor productivity (TFP) measures using ORBIS, a cross … productivity measures can be calculated using readily available variables for all countries, and presents possible solutions to …
Persistent link: https://www.econbiz.de/10011276995
green transition. This paper estimates the impacts of energy price changes on firms’ productivity as well as their dynamics … shock, firms adjust down their capacity utilisation, and their productivity declines. The estimates suggest that a 5 …% increase in energy prices reduces productivity by approximately 0.4% one year later. However, firms may display positive …
Persistent link: https://www.econbiz.de/10014324247
Business investment in OECD countries has remained weak, in particular since the 2008 global financial crisis. At the same time, the cost of capital has significantly and steadily decreased over the last thirty years, reflecting a fall in both interest rates and corporate tax rates. This raises...
Persistent link: https://www.econbiz.de/10014435772
reallocation process remained productivity enhancing, although to a lower extent on average compared to 2019; iii) JRS were … not distort the productivity-enhancing nature of reallocation. …
Persistent link: https://www.econbiz.de/10014491304
employment protection legislation; ii) removing incentives that lead to early withdrawal from the labour market; iii) allowing …
Persistent link: https://www.econbiz.de/10005045744
measures to mitigate this risk, particularly in the areas of job-search incentives and enrolment in education. Nevertheless … of the labour market and strengthening job-search incentives further. This Working Paper relates to the 2011 OECD …
Persistent link: https://www.econbiz.de/10008838317
the case of Japan the gap in GDP per capita is essentially due to the lagging performance in labour productivity, the …
Persistent link: https://www.econbiz.de/10005045617