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Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...
Persistent link: https://www.econbiz.de/10012007050
In this paper, a theoretical relationship is obtained to measure the effect that inefficiency has on marginal costs, degree of economies of scale and technical change. It is shown that when the relationship between inefficiency and output level is ignored, the estimation of marginal costs and...
Persistent link: https://www.econbiz.de/10012260171
industries. Over the same period, productivity gains from reallocation accounted for 50% of European productivity growth and … with changes in productivity and allocative efficiency. This holds across most sectors and countries and supports the …
Persistent link: https://www.econbiz.de/10012504920
industries. Over the same period, productivity gains from reallocation accounted for 50% of European productivity growth and … with changes in productivity and allocative efficiency. This holds across most sectors and countries and supports the …
Persistent link: https://www.econbiz.de/10012504955
We study the productivity effect of the German national minimum wage combining administrative firm datasets. We analyze … reallocation, and short- versus long-run effects. We document higher firm productivity even net of output price increases …. Productivity gains are persistent in manufacturing and service sectors. The minimum wage also increased manufacturing productivity …
Persistent link: https://www.econbiz.de/10014517664
economies (and subsequently productivity) cannot be estimated independently of markups. We extend this basic framework to show … procedure will tend to overestimate exporting markups and underestimate their productivity. In addition, we provide an …-porter productivity …
Persistent link: https://www.econbiz.de/10012726824
financial variables of Lithuanian firms. We focus in particular on the issues related to productivity, firm birth and death and … literature: trade participation and firm productivity are strongly positively linked, the 2008 recession has had a cleansing …
Persistent link: https://www.econbiz.de/10012123349
We study the productivity effect of the German national minimum wage by applying administrative firm data. At the firm … level, we confirm positive effects on wages and negative employment effects and document higher productivity even net of … minimum wage increased aggregate productivity in manufacturing. We do not find that employment reallocation across firms …
Persistent link: https://www.econbiz.de/10014281094
We study the productivity effect of the German national minimum wage by applying administrative firm data. At the firm … level, we confirm positive effects on wages and negative employment effects and document higher productivity even net of … minimum wage increased aggregate productivity in manufacturing. We do not find that employment reallocation across firms …
Persistent link: https://www.econbiz.de/10014350440
productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level … structural model that captures the effect of plantlevel productivity and real exchange rate fluctuations on plant entry and exit … decisions in the Canadian agricultural implements industry, and how this, in turn, affects aggregate productivity. The model …
Persistent link: https://www.econbiz.de/10010333034