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for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product … governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly …
Persistent link: https://www.econbiz.de/10010297792
standard markup pricing model, reductions in market competition, along with increased nominal exchange rate volatility, are …
Persistent link: https://www.econbiz.de/10010261182
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R …
Persistent link: https://www.econbiz.de/10010264277
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …
Persistent link: https://www.econbiz.de/10010261614
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition …-data for services, we calculate proxies for competition in services, and then use Input-Output matrices to link services to … manufacturing sectors. we find that there is a positive and significant relation between the extent of competition and firms …
Persistent link: https://www.econbiz.de/10010266094
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … on plant exit changed with in creased international competition. We find that greater international competition magnifies … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the …
Persistent link: https://www.econbiz.de/10010274535
economic environment and their contributions to aggregate productivity growth in the period following the implementation of the … North American Trade Agreement (NAFTA). In all industries, an overwhelming share of aggregate productivity growth is … export status and provides an explanation for the lackluster average productivity performance of exporting plants. …
Persistent link: https://www.econbiz.de/10010268325
This study conducts an international comparison of productivity and profitability. First, the level and growth of … productivity are compared in OECD countries for the period from 1975 to 2009. According to this comparison, productivity growth has … productivity, prices and labour compensation. The results show that profitability in Finnish manu-facturing is competitive because …
Persistent link: https://www.econbiz.de/10010326875
manufacturing industries in adjustment and restructuring. It is argued that especially in the EU competition in intermediate …
Persistent link: https://www.econbiz.de/10010277713
plant's placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more … competition from abroad as export opportunities shrink and import competition intensifies. As a result, smaller less productive … plants are forced from the market, which truncates the lower end of the productivity distribution. For surviving plants …
Persistent link: https://www.econbiz.de/10010333033