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This chapter presents the major results of a comparative study of productivity growth in manufacturing in Japan and the United States conducted by the authors at the Bureau of Labor Statistics. Japan was chosen for the comparison because the growth of productivity there has been extraordinary...
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This paper analyzes multifactor productivity growth (based on capital, labor, energy, and materials) and labor productivity growth in the Japanese and U.S. manufacturing sectors. We find that the tests of separability required for a value-added approach fail for both the U.S. and Japan, making...
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Investigating the effects on the capital structure has been a widely debated topic for over a century. There are countless studies on this subject today. However, there is still a need to test more samples of companies, as the confirmation or rebuttal of assumptions depends on the industry,...
Persistent link: https://www.econbiz.de/10012242343
Empirical research on the relationship between innovation and firm level productivity offers conflicting results. We … investigate the impact of innovation on labour productivity through the construction of a unique panel data-set that merges …
Persistent link: https://www.econbiz.de/10012844601
Mergers lead to larger firms and a less competitive market structure, but their effects on innovation are not clear …. Mergers may improve innovation incentives by promoting economies of scope and scale, R\&D activities, and increasing the … ability to deal with uncertainties. However, mergers may also discourage innovation by reducing competition, increasing costs …
Persistent link: https://www.econbiz.de/10012935892
The impact of innovation on mergers has been a subject of debate in merger enforcements. Firms may decide to merge … because of increasing market share and expanding capacity. However, mergers may also be motivated by innovation since they … provide resources for commercialization of innovation and allow for capturing knowledge spillovers. There are myriad studies …
Persistent link: https://www.econbiz.de/10012935893
This discussion paper reviews the literature on experiences with innovation under the existing emissions trading … schemes in the USA. The basic result from this review is that the innovation effects triggered by emissions trading have been … approaches that measure innovation behaviour appear to be at least as important for the understanding of the issue as those …
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