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This paper analyses the theoretical issues related to the measurement of labour content in the context of general technologies with heterogeneous labour. A novel axiomatic framework is used in order to formulate the key properties of the notion of labour content and analyse its theoretical...
Persistent link: https://www.econbiz.de/10010368166
This paper analyses the theoretical issues related to the measurement of labour content in the context of general technologies with heterogeneous labour. A novel axiomatic framework is used in order to formulate the key properties of the notion of labour content and analyse its theoretical...
Persistent link: https://www.econbiz.de/10010457023
This paper analyses the theoretical issues related to the measurement of labour content for general technologies with heterogeneous labour. A novel axiomatic framework is used in order to formulate the key properties of the notion of labour content and analyse its theoretical foundations. The...
Persistent link: https://www.econbiz.de/10011788917
CEOs of large firms filing for bankruptcy are more likely to exit the executive labor market after bankruptcy and experience substantial compensation losses (Eckbo et al., 2016). While the fear of reputational scarring can lead to lower risk-taking and manifest itself as lower rates of...
Persistent link: https://www.econbiz.de/10013373824
This paper utilizes German tax data to present evidence about the direct and indirect effects of new firm formation. Cohort analysis is applied to investigate survival, sales, inputs, and value added of start-up firms. Most drop-outs occur in the early years. We show that start-up...
Persistent link: https://www.econbiz.de/10010369574
In former studies cluster firms have hardly proven to be more resilient to shocks than non-cluster firms. Yet, there is a lack of research on how cluster firms can achieve resilience. Based on a qualitative study of firms in the Eastern German Lusatian energy cluster we found that after a shock...
Persistent link: https://www.econbiz.de/10012439829
) stock market valuation ratios have increased only moderately; (3) investment has been lackluster. We use a simple extension …
Persistent link: https://www.econbiz.de/10012030362
costs. In this paper, I explore how decarbonization may affect the profitability and market value of these industries and … investment costs through higher prices and enhanced productivity. I answer these questions using scenario analysis with a focus … on the industries in the European Union and the United States. I find that the effects on profitability are likely to be …
Persistent link: https://www.econbiz.de/10013208909
large negative effect, and Bolivia, with no effect. An analysis on profitability shows that, in most cases, the positive … productivity effects barely offset higher union compensation, and that unions are negatively related to investment in capital and R …
Persistent link: https://www.econbiz.de/10010513036
rate of profit and its components - profit share, capacity utilization rate, and capacity-capital ratio - on investment …. Our results show that: (a) the rate of profit has both short and long run positive impacts on investment; (b) the profit … contemporaneous positive impact on investment. …
Persistent link: https://www.econbiz.de/10011788881