Showing 1 - 10 of 974
We study the economic consequences of anti-loss trafficking rules, which disallow the use of loss carry-forwards as tax shield after a substantial ownership change. Using staggered changes to these rules, we find that limiting the transfer of tax losses reduces the number of M&As with...
Persistent link: https://www.econbiz.de/10014420706
number of national firm level studies on the innovation-productivity link have been conducted using new internationally … observations from Germany and Sweden. Applying a knowledge production function that gives the relationship between innovation input …, innovation output and productivity, we find to a very large extent a common cross-country story for knowledge intensive …
Persistent link: https://www.econbiz.de/10010297274
The missing effect of investments of firms in information and communication technologies on productivity is studied by …) has a stronger effect on the quality of services than on the productivity of the IT-using firm. IT investment seems to be … especially the most recent generation of IT as indicated by the number of PCs used is the source of productivity growth whereas …
Persistent link: https://www.econbiz.de/10010297561
Germany?s bank-based system of internal control, ownership concentration is harmful for productivity growth. …Productivity growth has been slow in many continental European countries over the last few decades, especially in … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 …
Persistent link: https://www.econbiz.de/10010297660
governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly … for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product …
Persistent link: https://www.econbiz.de/10010297792
estimates for an extended production function framework reveal significant productivity effects of ICT in the German service … productivity differentials between firms. …
Persistent link: https://www.econbiz.de/10010297958
In order to assess the productivity effects of information and communication technologies (ICT), regressions based on … this paper, various estimation biases and econometric strategies to overcome their sources are discussed. The effects are …?GMM estimator yields evidence for significant productivity effects of ICT which are substantially smaller though than those …
Persistent link: https://www.econbiz.de/10010297959
-level productivity. The results are robust across different estimation techniques. …This paper analyses the impact of business process outsourcing (BPO) on firm productivity based on a comprehensive …
Persistent link: https://www.econbiz.de/10010299937
This paper makes an empirical contribution to confirm the stylized fact that the performance of firms deteoriates in the years before exit. For this reason we evaluate whether market exits differ significantly in their employment development in the years before market drop-out compared to...
Persistent link: https://www.econbiz.de/10010297707
of an ageing workforce, this paper measures the impact of changes in the age structure of establishments on productivity … methods. We find that establishment productivity increases with the share of employees until the age of 50-55 and only … account endogeneity, time dependencies, or crucial information correlated with age shares and productivity. Large standard …
Persistent link: https://www.econbiz.de/10010298792