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We apply a relatively novel leading–lagging (LL) method to four leading and one lagging indexes for industrial production (IP) in Germany. We obtain three sets of results. First, we show that the sentiment-based ifo index performs best in predicting the general changes in IP (−0.596, range...
Persistent link: https://www.econbiz.de/10012132320
Wage and productivity effects of training are compared to study how the training rent is shared between employers and … employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb … on both wages and productivity. The effect on productivity is about three times higher than the one on wages. High …
Persistent link: https://www.econbiz.de/10003314707
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Wage and productivity effects of training are compared to study how the training rent is shared between employers and … employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb … on both wages and productivity. The effect on productivity is about three times higher than the one on wages. High …
Persistent link: https://www.econbiz.de/10012727101
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This study analyses empirically the effects of import competition on firm productivity (TFPQ) using administrative firm … positive incentives for firms to invest in productivity improvement, whereas import competition from middle- and low …. Costly investment in productivity appears feasible reaction to such type of competition and we find no evidence for …
Persistent link: https://www.econbiz.de/10012112493
We study the importance of intangible capital (R&D, software, patents) for the measurement of productivity using firm … of input choice and unobserved productivity shocks. We find a positive output elasticity for research and development (R … output production function reduces productivity dispersion (measured by the 90-10 decile range) on average by 3%, in some …
Persistent link: https://www.econbiz.de/10012156981