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Are some management practices akin to a technology that can explain company and national productivity, or do they … cross-country total factor productivity differences. …
Persistent link: https://www.econbiz.de/10011486495
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and … and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …
Persistent link: https://www.econbiz.de/10011458600
economically and statistically significant impacton firm-level productivity and market value. Patent citations contain more … (total factor) productivity and an eight percent increase in market value. As expected patenting and citation information … feeds into market values immediately but appears to have some additional lagged effects of productivity suggesting gradual …
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&D knowledge located in the US. The positive influence on total factor productivity is larger if the research of the inventors …
Persistent link: https://www.econbiz.de/10010443152
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This paper studies the implications of perceived default risk for aggregate output and productivity. Using a model of … credit across firms with heterogeneous productivity. Further, we find that these losses accounted for over half of the … productivity fall between 2008 and 2009, and persisted for smaller (although not larger) firms. …
Persistent link: https://www.econbiz.de/10012241111
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First,...
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