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In "new" new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … with a real option value. We show that endogenizing the export decision is consistent with patterns of productivity and …
Persistent link: https://www.econbiz.de/10010791522
Notion almost unknown before 1950, labor productivity is now commonly used by economists, engineers, sociologists and … productivity is the driving variable that generates economic progress, it is justified that people need to increase their efforts … regarding landmarks in the evolution of labor productivity. Arguments justifying such an approach have been given by the fact …
Persistent link: https://www.econbiz.de/10010992016
Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given … inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of … productivity for the advancement of various aspects of social progress and in terms of understanding the feedback mechanisms …
Persistent link: https://www.econbiz.de/10005518911
In this paper we first review the (potential and actual) role of the Universities for the local economies in which they operate, especially considering the implications deriving from the degree of skill mismatch (over-education) in a local labour market. Then, in the second part of the paper, we...
Persistent link: https://www.econbiz.de/10011246928
This paper examines the incidence and determinants of overeducation in the Belgian private sector. Two different approaches are used to define overeducation by means of data on characteristics of employees and employers. Using the 1995 Structure of Earnings Survey, it is found that between 22...
Persistent link: https://www.econbiz.de/10005163115
which causes fixed-term contracts to be the main workforce adjustment device. It also leads to a productivity gap, due to … market we develop a matching model with temporary and permanent employees where these gaps play a central role. This model is …
Persistent link: https://www.econbiz.de/10004972310