Showing 1 - 10 of 49
We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks. The framework accommodates sectoral inputoutput linkages, arbitrary elasticities of factors and intermediates, and heterogeneous workers that endogenously choose to supply their...
Persistent link: https://www.econbiz.de/10014305316
This paper uses firm level panel data of firm provided training to estimate its impact on productivity and wages. To this end the strategy proposed by Ackerberg, Caves and Frazer (2006) for estimating production functions to control for the endogeneity of input factors and training is applied....
Persistent link: https://www.econbiz.de/10010313228
In this paper we investigate to what extent firm investment in transition countries is sensitive to internal finance. We use accounts data of over 4000 companies in four countries at different stages of transition. We find that firms in Bulgaria and Romania are less sensitive to internal...
Persistent link: https://www.econbiz.de/10010313248
In most transition countries the aggregate level evidence suggests that most industries are just destroying jobs, due to the legacy of communism where ovfirmanning levels of employment were the nfirm. This paper sheds light on whether the transition process in Slovenian manufacturing has been...
Persistent link: https://www.econbiz.de/10010313258
Past evidence on the incidence of payroll tax subsidies on employment and wages for disadvantaged workers has been quite mixed. Therefore, this paper makes use of a unique panel of firm level data and a natural experiment to analyze the incidence of wage subsidies on full-time manual workers and...
Persistent link: https://www.econbiz.de/10010313264
This paper investigates the detfirminants of firm survival and growth in Slovenia, a country in transition from a plan to a market economy. firm growth (measured using employment) and firm survival (the probability of remaining in activity) are estimated using firm level data for the years 1994...
Persistent link: https://www.econbiz.de/10010313268
This paper compares the wage cost and productivity differentials between Belgium and Portugal, being the EU benchmarks for high and low labor costs, with those in the three leading emerging economies of Central and Eastern Europe, Poland, Hungary and the Czech Republic. To this end we use firm...
Persistent link: https://www.econbiz.de/10010313272
This paper empirically evaluates the effects of antidumping measures on the exports of protected firms. While antidumping protection raises the domestic sales of the more 'traditional?non-exporting firms on the protected market with about 5%, it negatively affects the firm-level exports of...
Persistent link: https://www.econbiz.de/10010313283
This paper uses representative firm level panel data of 1,701 Bulgarian and 2,047 Romanian manufacturing firms to estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased competitive pressure. In contrast to earlier work that analyzes...
Persistent link: https://www.econbiz.de/10010313301
In this paper, we analyze the effects of trade, concentration and ownership on the pricing behavior of firms in two transition countries, Bulgaria and Romania. We use an extensive dataset of more than 3000 firms and sector level infirmation to estimate the effects of these three factors on the...
Persistent link: https://www.econbiz.de/10010313314