Showing 1 - 9 of 9
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … display positive and significant effect on the probability to report an investment spike, and, in turn, investment activity is …
Persistent link: https://www.econbiz.de/10010500809
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … display positive and significant effect on the probability to report an investment spike, and, in turn, investment activity is …
Persistent link: https://www.econbiz.de/10013022882
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … display positive and significant effect on the probability to report an investment spike, and, in turn, investment activity is …
Persistent link: https://www.econbiz.de/10011715817
Persistent link: https://www.econbiz.de/10011842865
The main task of this work is to develope a model able to encompass, at the same time, Keynesian, demand-driven, and Marxian, profit-driven determinants of fluctuations. Our starting point is the Goodwin's model (1967), rephrased in discrete time and extended by means of a coupled dynamics...
Persistent link: https://www.econbiz.de/10010202757
This paper investigates firm-level dynamics of labour productivity in China's manufacturing sector over the 1998-2007. Underlying the aggregate evidence of dramatic growth of labour productivity, one observes a large, even if shrinking, intra-sectoral heterogeneity. A major process of both...
Persistent link: https://www.econbiz.de/10009721461
Persistent link: https://www.econbiz.de/10011388794
This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity nexus from a micro level perspective using...
Persistent link: https://www.econbiz.de/10011986753
Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...
Persistent link: https://www.econbiz.de/10012007050