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Chapter 65 Microeconometric Models of Investment and Employment
Bond, Stephen; Van Reenen, John - In: Handbook of econometrics : volume 6A, (pp. 4417-4498). 2007
We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …
Persistent link: https://www.econbiz.de/10014024950
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Cracking the productivity code: an international comparison of UK productivity
Van Reenen, John; Yang, Xuyi - 2023
Persistent link: https://www.econbiz.de/10014467538
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Has ICT polarized skill demand? Evidence from eleven countries over 25 years
Michaels, Guy; Natraj, Ashwini; Van Reenen, John - London School of Economics (LSE) - 2014
We test the hypothesis that information and communication technologies (ICT) “polarize” labor markets, by increasing demand for the highly educated at the expense of the middle educated, with little effect on low-educated workers. Using data on the US, Japan, and nine European countries from...
Persistent link: https://www.econbiz.de/10011234814
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Is distance dying at last?
Griffith, Rachel; Lee, Sokbae; Van Reenen, John - London School of Economics (LSE) - 2008
Economists have long been sceptical of claims about the 'death of distance' - the idea that new technology has diminished the significance of geography for economic outcomes. Research by Sokbae Lee, Rachel Griffith and John Van Reenen, which looks at patent citations over a quarter of a century,...
Persistent link: https://www.econbiz.de/10010744875
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Innovation and institutional ownership
Aghion, Philippe; Van Reenen, John; Zingales, Luigi - London School of Economics (LSE) - 2009
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10010745303
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A trapped factors model of innovation
Bloom, Nicholas; Romer, Paul; Terry, Stephen; Van … - London School of Economics (LSE) - 2013
producing old goods. Trade liberalization with a low wage country reduces the profitability of old goods and so the opportunity …
Persistent link: https://www.econbiz.de/10010745467
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How special is the special relationship?: using the impact of R&D spillovers on UK firms as a test of technology sourcing
Griffith, Rachel; Harrison, Rupert; Van Reenen, John - London School of Economics (LSE) - 2004
How much does US-based R&D benefit other countries and through what mechanisms? We test the "technology sourcing" hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using panels of UK and US firms matched to patent data we...
Persistent link: https://www.econbiz.de/10010745644
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Do private equity owned firms have better management practices?
Bloom, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 2009
.g. productivity, profitability and stock market value). Private Equityowned firms are significantly better managed than government …
Persistent link: https://www.econbiz.de/10010745737
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New approaches to measuring management and firm organization
Bloom, Nick; Van Reenen, John - London School of Economics (LSE) - 2010
We detail the methodology that we have been using to quantify managerial and organizational practices across firms and countries in recent years. This has been used in many pieces of research at the Centre for Economic Performance. We discuss the pros and cons of such survey tools, describing...
Persistent link: https://www.econbiz.de/10010746415
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Human resource management and productivity
Bloom, Nick; Van Reenen, John - London School of Economics (LSE) - 2010
In this chapter we examine the relationship between Human Resource Management (HRM) and productivity. HRM includes incentive pay (individual and group) as well as many nonpay aspects of the employment relationship such as matching (hiring and firing) and work organization (e.g. teams, autonomy)....
Persistent link: https://www.econbiz.de/10010746475