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product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …
Persistent link: https://www.econbiz.de/10010297660
for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product … 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 …
Persistent link: https://www.econbiz.de/10010297792
The purpose of this paper is to evaluate whether labour mobility is likely to act as a sufficient adjustment mechanism in the face of asymmetric shocks in Euroland. To this end, we estimate the elasticity of migration with respect to changes in unemployment and income on the basis of regional...
Persistent link: https://www.econbiz.de/10010297645
number of national firm level studies on the innovation-productivity link have been conducted using new internationally …, 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
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
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
-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
panel of German counties using a broad variety of estimation approaches. More specifically, we calculate efficiency indices …
Persistent link: https://www.econbiz.de/10010299173