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Relative used capital price, the measure of irreversibility, is fixed in almost all the investment literature. This dissertation introduces investment models with state-dependent irreversibility and tests whether these models outperform fixed irreversibility cases, at both the macro and micro...
Persistent link: https://www.econbiz.de/10009429289
The main aim of this paper is to analyse sectoral contributions to dynamics productivity and output development in … labour productivity and capital productivity. The analysis has showed, that dynamics changes in growth rate of productivity … has clear link to business cycle. Dynamic changes of growth rate labour and capital productivity in the context of …
Persistent link: https://www.econbiz.de/10011315945
The main aim of this paper is to compare development of sectoral productivity in context of economic output. Period … under consideration is last 15 years. The theoretic basis is theory real business cycle and the neo-classical growth model …. The productivity was measured by labour productivity, capital productivity and total factor productivity (TFP) in sectors …
Persistent link: https://www.econbiz.de/10011316124
productivity (TFP) growth. Our method accounts for profits and adjustment costs, and uses firm surveys to proxy for changes in … crisis. In the United States, our method indicates higher TFP growth overall and a more gradual productivity slowdown. …
Persistent link: https://www.econbiz.de/10012794766
between infrastructure and private productivity. The second subject is the determinants of regional infrastructure investment … infrastructure to private production; the essays three to five study besides the productivity effects also the determinants of …
Persistent link: https://www.econbiz.de/10009467016
rigidity. The third essay analyses how different unionisation structures affect firm productivity and firm performance in a … among heterogeneous producers and increases average productivity and profit levels, firm-level bargaining allows less … productive entrants to remain in the market. The positive effect of centralised bargaining on average productivity can, however …
Persistent link: https://www.econbiz.de/10009467258
on productivity growth, and additionally export behavior has to be persistent over time. Both conditions are empirically …
Persistent link: https://www.econbiz.de/10009449074
-, consultation-, and co-determination rights. The effects works councils have on productivity and profits are estimated for medium …-sized manufacturing firms using information from the IAB establishment panel. The results indicate a positive effect on productivity of 6 …
Persistent link: https://www.econbiz.de/10009451164