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The vast majority of the efficiency and productivity measurement literature has been based on the static viewpoint of … the firm. Few studies have developed the dynamic analog of static efficiency measurement, introducing the notions of long …-run efficiency and inefficiency persistence. However, these few existing dynamic efficiency studies have not provided any empirical …
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We present the first panel estimates of the productivity effects of the unique German institution of parity, board-level co-determination. Although our data span two severe recessions when labour hoarding costs of co-determination are probably highest, and the panel is too short to capture the...
Persistent link: https://www.econbiz.de/10014064527
We present the first panel estimates of the productivity effects of the unique German institution of parity, board-level co-determination. Although our data span two severe recessions when labour hoarding costs of co-determination are probably highest, and the panel is too short to capture the...
Persistent link: https://www.econbiz.de/10013318813