Showing 1 - 10 of 48
firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect". Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and … evidence is in line with the results from the theoretical model. -- multi-product firms ; productivity ; optimal product scope …
Persistent link: https://www.econbiz.de/10009672241
In this paper we analyze how the availability of credit influences the relationship between government size as a proxy for fiscal stabilization policy and the amplitude of business cycle fluctuations in a sample of advanced OECD countries. Interpreting relatively low loan-tovalue ratios as an...
Persistent link: https://www.econbiz.de/10009526071
This paper takes a panel cointegration approach to the estimation of short- and long-run exchange rate pass-through (ERPT) to import prices in the European countries. Although economic theory suggests a long-run relationship between import prices and exchange rate, in recent empirical studies...
Persistent link: https://www.econbiz.de/10011974808
manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low … found between the share of exports to lowincome countries and either productivity or R&D intensity is never in line with the …
Persistent link: https://www.econbiz.de/10011298736
-exporters. However, many firms from the lower end of the productivity distribution are exporters. Germany is a case in point. A recent … study reports that these low-productivity exporters are not marginal exporters defined according to the share of exports in … exports is much higher among exporters from the lower end of the productivity distribution than among highly productive …
Persistent link: https://www.econbiz.de/10010239335
Economic theory suggests both positive and negative relationships between intra-firm wage inequality and productivity … relative minor influence of intra-firm wage inequality on firm productivity. If anything, they provide some support for a view … suggesting that some inequality may be beneficial, while too much leads to a detrimental effect on productivity. …
Persistent link: https://www.econbiz.de/10003640187
While it is a stylized fact that exporting firms pay higher wages than nonexporting firms, the direction of the link between exporting and wages is less clear. Using a rich set of German linked employer-employee panel data we follow over time plants that start to export. We show that the...
Persistent link: https://www.econbiz.de/10003648400
model is estimated in order to evaluate the sources of productivity growth: technological progress, technical efficiency … productivity growth, followed by gains in technical efficiency, and to a lesser extent by exploitation of scale economies. Overall …, we find an average productivity growth of 39 per cent within the sample period. -- European railways ; deregulation …
Persistent link: https://www.econbiz.de/10003770485
Anschließend an die breite Literatur zur Untersuchung von Produktivitätsdifferentialen zwischen international aktiven und nicht international aktiven Unternehmen liefert der vorliegende Beitrag erstmals Ergebnisse für Deutschland die sowohl Export- als auch Importaktivitäten...
Persistent link: https://www.econbiz.de/10003770503
Mit einem Paneldatensatz für sämtliche niedersächsischen Industriebetriebe der Jahre 1995 bis 2002 werden drei Hypothesen aus dem Modell von Hopenhayn (Econometrica 1992) getestet: (H1) Firmen, die in der Periode t aus dem Markt ausscheiden, waren in der Periode t-1 weniger produktiv als...
Persistent link: https://www.econbiz.de/10003316682