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The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...
Persistent link: https://www.econbiz.de/10011442518
estimate the impacts of minimum wages on market entries and exits and firms’ profitability. We find significant effects for … East Germany which point to a substantial shift in industry structure. Minimum wages decreased both market entries and … competition for this group of firms and helped them to increase profitability. The increasing share of sole traders may indicate …
Persistent link: https://www.econbiz.de/10009675281
Germany, this paper presents the first comprehensive evidence on the relationship between exports and profitability. It … documents that the positive profitability differential of exporters compared to non-exporters is statistically significant …. Instead, we use a newly developed continuous treatment approach and show that exporting improves the profitability almost over …
Persistent link: https://www.econbiz.de/10003770907
innovativeness and consequently competitiveness and profitability. Such business ventures, however, might be associated with huge … international R&D activities boost profitability. We employ a large data set of about 1300 firms from the German Community … Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …
Persistent link: https://www.econbiz.de/10008901575
Using a linked employer-employee data set, this paper analyses the relationship between firm profitability and wages …
Persistent link: https://www.econbiz.de/10003671072
Non-technological innovation is an important element of firms' innovation activities that both supplement and complement technological innovation, i.e. the introduction of new products and new processes. We analyse the spread of nontechnological innovation in firms, their relation to...
Persistent link: https://www.econbiz.de/10003528845
Using a linked employer-employee data set, this paper analyses the relationship between firm-profitability and wages … cient of zero. Differenced GMM estimates accounting for the endogeneity of our profitability measure even point to a …
Persistent link: https://www.econbiz.de/10003243023
Persistent link: https://www.econbiz.de/10002040129
or energy consumption has a positive impact on profitability. This positive result holds both for regulation induced and …
Persistent link: https://www.econbiz.de/10009129823
if they are not. We present empirical evidence on effects of perceived threat of entry on profitability. Using … profitability is confirmed. The number and the relative size of competitors also exert considerable effects. We find no …
Persistent link: https://www.econbiz.de/10003751792