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This paper deals with a dynamic adjustment process in which adjustment of a key variable input (labor) towards its … labor use is represented by a labor requirement function, which is a function of outputs and other firm-specific variables …. The catch-up factor is defined as the ratio of actual to desired level of employment. Productivity growth is then defined …
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relationships between corporate competitiveness strategy, innovation, efficiency, productivity growth and outsourcing to be … analysis. Third, stochastic frontier production function and factor productivity analysis are used to estimate the efficiency … and factor productivity growth at the firm level. Fourth, the causal relationships between the five variables of interest …
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of actual to desired level of employment. Productivity growth is defined in terms of a shift in the labor requirement …This paper deals with a dynamic adjustment process in which adjustment of a key variable input (labor) towards its …-specific adjustment parameter. A flexible (translog) labor requirement function is used to represent the desired level of labor-use. It is …
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