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I re-examine the inverted-U relationship between competition and innovation (originally modeled and tested by Aghion et al. (2005) by using data from publicly traded manufacturing firms in the US. I control for the possible endogeneity of competition by using a trade-weighted average of industry...
Persistent link: https://www.econbiz.de/10013066546
I re-examine the inverted-U relationship between competition and innovation (originally modeled and tested by Aghion et al. (2005)) by using data from publicly traded manufacturing firms in the US. I control for the possible endogeneity of competition by using various measures of foreign...
Persistent link: https://www.econbiz.de/10013068583
The research on diversity and diversity management in German organisations has significantly gained relevance over the last years. The reasons for this are socio-political and economic changes that make diversity a highly relevant topic. In higher education, there is currently much discussion on...
Persistent link: https://www.econbiz.de/10011297760
In this paper we explore the response of the supply of human capital to changes in demand in the British Industrial Revolution. We use annual information from the Stamp Tax registers on apprentices in England between 1710-1803 and examine the response of tuitions to changes in the annual number...
Persistent link: https://www.econbiz.de/10013023338
In his seminal book, The Enlightened Economy, Joel Mokyr argued that "in Britain the high quality of workmanship available to support innovation, local and imported, helped create the Industrial Revolution". By these, Mokyr refers to "the top 3-5 percent of the labor force in terms of skills:...
Persistent link: https://www.econbiz.de/10014162124
This paper provides a broad‐based empirical analysis of the effects of technological change on skill acquisition in the years that led to the British Industrial Revolution. Based on a unique set of data on apprenticeship between 1710 and 1772, the formal system for skill acquisition in this...
Persistent link: https://www.econbiz.de/10014147069
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during 1980-2002 and remained well above that of the United Kingdom. Estimates using a dynamic panel equilibrium correction model indicate that sectors further behind the...
Persistent link: https://www.econbiz.de/10012779143
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during 1980-2002 and remained well above that of the United Kingdom. Estimates using a dynamic panel equilibrium correction model indicate that sectors further behind the...
Persistent link: https://www.econbiz.de/10013317383
This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence labour productivity in the UK manufacturing sector. Using an industry-level panel data set we find that foreign-owned firms have a significant positive effect on the level of...
Persistent link: https://www.econbiz.de/10012446345
We show that the stylized facts of the Firm Size Distribution (FSD) by age cohorts, as shown in Cabral and Mata (2003), bind within 4-digit manufacturing industries in the UK and Belgium. As in Klepper and Thompson (2006) and Sutton (1998), we explore whether time to build a portfolio of...
Persistent link: https://www.econbiz.de/10003870894