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We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks. The framework accommodates sectoral inputoutput linkages, arbitrary elasticities of factors and intermediates, and heterogeneous workers that endogenously choose to supply their...
Persistent link: https://www.econbiz.de/10013443717
The missing effect of investments of firms in information and communication technologies on productivity is studied by various recent papers (e.g. Oliner and Sichels 1994, Landauer 1995, Brynjolfsson and Hitt 1996). Several explanations are given for this missing link. Our paper deals with two...
Persistent link: https://www.econbiz.de/10011440920
This paper analyses the relevance of information and communication technologies (ICT) for firms' probability of global sourcing of inputs. Using firm-level data from Germany in 2009, which include mainly small and medium-sized firms, the empirical analysis differentiates between manufacturing...
Persistent link: https://www.econbiz.de/10011418739
The increasing role of services in GDP results from the growing share of service industries, but also from the fact that firms produce services along with goods. This paper investigates the determinants of service provision by manufacturing firms. First, it develops a model of differentiated...
Persistent link: https://www.econbiz.de/10011752305
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Persistent link: https://www.econbiz.de/10001696199
Diese Studie untersucht den Einfluss des Tarifvertragssystems auf die Entscheidung von Unternehmen, im Ausland zu investieren. Ein Lohnverhandlungsmodell zeigt, dass produktive Unternehmen durch Flächentarifverträge im Heimatland begünstigt werden und seltener im Ausland investieren als bei...
Persistent link: https://www.econbiz.de/10011444517
In most Western, industrialised countries the workforce is ageing rapidly. In order to assess the possible consequences of an ageing workforce, this paper measures the impact of changes in the age structure of establishments on productivity using representative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10003835100
Productivity is influenced by several firm-level factors, often latent. When unexplained, this latent heterogeneity can lead to the mismeasurement of productivity differences between groups of firms. We propose a flexible, semi-parametric extension of current production function estimation...
Persistent link: https://www.econbiz.de/10013490781