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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
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
reallocation. A distinct literature describes a slowdown in the pace of aggregate labor productivity growth. We relate these … patterns by studying changes in productivity growth from the late 1990s to the mid 2000s using firm-level data. We find that … diminished allocative efficiency gains can account for the productivity slowdown in a manner that interacts with the within …
Persistent link: https://www.econbiz.de/10011708266
response to negative rm productivity shocks, workers close to the wage oors experience higher job separations but no wage loss …
Persistent link: https://www.econbiz.de/10014518663
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
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …
Persistent link: https://www.econbiz.de/10013153504
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565
The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of operating in the formal sector. Formal firms have a larger...
Persistent link: https://www.econbiz.de/10013056102
productivity is derived. A semi-parametric approach is applied on a 3-digit level of industrial data over major states during 1998 …-2014 to regress Solow residual (the proxy for productivity) on trade share along with its interaction terms capturing market … productivity. It is argued that the joint effects of market size and competition arising out of trade cannot dominate the adverse …
Persistent link: https://www.econbiz.de/10011979223