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Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a portion of the quasi-rents stemming from long-lived capital. As a result, firms may be expected to limit their exposure to rent-seeking by reducing investments. The U.S. evidence...
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mutual links between international activities of firms and productivity. It is written with a view to inform policy makers in …
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There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
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manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low … found between the share of exports to lowincome countries and either productivity or R&D intensity is never in line with the …
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-exporters. However, many firms from the lower end of the productivity distribution are exporters. Germany is a case in point. A recent … study reports that these low-productivity exporters are not marginal exporters defined according to the share of exports in … exports is much higher among exporters from the lower end of the productivity distribution than among highly productive …
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age and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … manufacturing industries in Germany using newly available, unique data. We find concave age-productivity profiles and a negative … paribus lower level of productivity in firms with a higher share of female employees does not go hand in hand with a lower …
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