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We propose a model of production where technical change is both time and management induced. We define a general management index in addition to the general time index of Baltagi and Griffin (1988) and use them as arguments in the translog productionfunction. Time and management induced...
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services in output and its integration in the world economy. Productivity growth in the United Kingdom has consistently … financial crisis. Sluggish productivity growth in the service sectors was the main factor behind this weak performance. Raising … productivity will help to sustain employment and wages but will require a broad range of policies. Keeping low barriers to trade …
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This paper examines the causal relationship between foreign mergers and acquisitions and firm productivity in the UK … positive aggregate effects on labor productivity due to capital deepening but not due to changes in TFP. …
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This paper examines the causal relationship between foreign mergers and acquisitions and firm productivity in the UK … positive aggregate effects on labor productivity due to capital deepening but not due to changes in TFP. -- Cross …-border mergers and acquisitions ; Productivity ; Firm heterogeneity …
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This paper attempts to explain the level and dynamics of firm level productivity through a model of convergence, for UK … service sector firms over the period 1988 to 1998. Firms of different characteristics have different productivity levels and … firm and weak evidence that it is related to firm age. Given the high initial productivity of foreign owned firms we …
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