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product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …
Persistent link: https://www.econbiz.de/10010297660
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
penetration, we find that potential positive spillovers are dominated by negative competition effects. This, however, masks the …
Persistent link: https://www.econbiz.de/10010299090
efficiency (TE), technological change, and (both aggregated as overall index) on Total Factor Productivity (TFP). Given that the …
Persistent link: https://www.econbiz.de/10010299457
, however, there still is a large room for increasing productivity and efficiency to boost the agricultural potential of the … country further. The government of Kazakhstan has introduced several policy packages in the past to boost productivity and … found in terms of policy effect on productivity and efficiency. The results of the analysis showed that direct subsidy …
Persistent link: https://www.econbiz.de/10011612527
, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … results of this study suggest that - if the aim is to leverage companies' productivity - emphasis should be put on supporting …-tech sector turns out to have a minor effect. Instead, encouraging investment in fixed assets appears vital for the productivity …
Persistent link: https://www.econbiz.de/10010269441
It is generally believed that the structural reforms that usher in competition and force companies to become more … while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is …
Persistent link: https://www.econbiz.de/10010268573
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level (Rawski and Perkins, 2008; Bosworth and Collins, 2008) suggest an...
Persistent link: https://www.econbiz.de/10010269571
productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favour of permanent ones and reduced capital intensity, generating productivity losses. We …
Persistent link: https://www.econbiz.de/10010277389