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If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10009709518
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10013086776
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10011731026
liquidity on the dispersion and mean of industry productivity distributions, as well as on industry concentration measures using … find that an increase in the capital liquidity index is associated with a reduction in the productivity dispersion and an … increase in the mean and median of the productivity distribution. In addition, we find that increase in capital liquidity is …
Persistent link: https://www.econbiz.de/10014049437
meets entrants that enter one of the markets. We find that entry can enhance the total R&D expenditure of the incumbent firm …. That is, entry can stimulate R&D effort. Moreover, the incumbent's profit nonmonotonically changes as the number of … entrants increases. Depending on the fixed entry costs and R&D technologies, both insufficient and excess entry can appear. …
Persistent link: https://www.econbiz.de/10010332451
, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to … IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …
Persistent link: https://www.econbiz.de/10013362930
, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to … IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …
Persistent link: https://www.econbiz.de/10013368656
linkages between the firm’s R&D investment, product and process innovations, and future productivity and profits. The dynamic …&D investment. For the median productivity firm, investment in R&D raises firm value by 3.0 percent in a group of hightech … significantly affect R&D investment rates and productivity changes in the high-tech industries. …
Persistent link: https://www.econbiz.de/10010203640
This article explores the dynamics of market selection by investigating of the relationships linking productivity … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10010500809
and the Generalized Method of Moments estimators to test, respectively, for Total Factor Productivity determinants and … labor productivity convergence driving forces (i.e.capital accumulation and technological catch-up) in different … cross-country heterogeneity of labor productivity convergence tendencies. My results show that technology growth rate is …
Persistent link: https://www.econbiz.de/10010343896