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Applications tend to ignore that measured TFP reflects the variation of output that cannot be explained by changes in inputs. Such a change is not necessarily technological, so measured TFP differences across firms are an amalgam of technological, efficiency and other differences in attributes,...
Persistent link: https://www.econbiz.de/10010322437
The interrelationship between financial constraints and firm activity is a hotly debated issue. The way firms cope with financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of growth and development. The CBI Industrial Trends Survey contains...
Persistent link: https://www.econbiz.de/10010295669
Following a positive shock, financing constraints will prolong or impede economic expansion that would have been optimal in an unconstrained environment. The study of dynamic adjustment therefore offers a direct way of verifying the presence of financing constraints and assessing their...
Persistent link: https://www.econbiz.de/10010295882
This paper analyses the interplay of capacity utilisation, capacity constraints, demand constraints and price adjustments, employing a unique firm-level data set for Swiss manufacturing firms. Theoretically, capacity constraints limit the ability of firms to expand production in the short run...
Persistent link: https://www.econbiz.de/10010285797
Using data from more than 6,000 manufacturing firms in India for 1996–2008, we investigate the impact of financial … India still does not allow the financial system to meet the stronger demand for funds by firms, especially small ones …
Persistent link: https://www.econbiz.de/10010507316
manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
Persistent link: https://www.econbiz.de/10011807634
Over the past two decades, considerable interest has grown in high growth firms (HGFs). However, the concept of HGFs still remains controversial. One of the most controversial issues is size and age of these firms. The present study argues that the current literature on HGFs may offer little...
Persistent link: https://www.econbiz.de/10012142447
Die ifo Kapazitätsauslastung der Gesamtwirtschaft ist im Januar 2019 auf 88,3% gesunken. Dies ergab eine Auswertung von ca. 7 000 Meldungen von Unternehmen im Rahmen der ifo Konjunkturumfragen. Nach dem konjunkturellen Boom kühlt sich die deutsche Wirtschaft ab und befindet sich am Beginn...
Persistent link: https://www.econbiz.de/10012018061
In der modernen Konjunkturtheorie sind Konjunkturzyklen als Schwankungen des Auslastungsgrades des gesamtwirtschaftlichen Produktionspotentials definiert. Das ifo Institut veröffentlicht im Rahmen des ifo Konjunkturtests originäre vierteljährliche Daten über die Kapazitätsauslastung im...
Persistent link: https://www.econbiz.de/10011692815
. We study a conditional cash transfer program (JSY) in India that paid women to give birth in medical facilities. We find …
Persistent link: https://www.econbiz.de/10012265335