We test how bank market power influences technical change and resource allocation of informationally opaque firms. We …

We test how bank market power influences technical change and resource allocation of informationally opaque firms. We …

This paper argues that regional variation in the efficiency of labor allocation among German manufacturing plants plays …-West productivity gap is associated with a less efficient labor allocation in former East Germany. Yet, we also demonstrate that the … suggest that regional productivity differences could be substantially narrowed by a more efficient labor allocation among …