Showing 1 - 10 of 27
In considering pathways to industrialization in the twenty-first century, cognisance needs to be taken of the fact that many countries have actually been deindustrializing. This paper analyses deindustrialization experiences internationally, by decomposing changes in the level and share of...
Persistent link: https://www.econbiz.de/10010330122
severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10010321754
This empirical research note documents the relationship between composition of a firm's workforce (with a special focus on age and gender) and its performance with respect to innovative activities (outlays and employment in research and development (R&D)) for a large representative sample of...
Persistent link: https://www.econbiz.de/10010294455
This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...
Persistent link: https://www.econbiz.de/10010297678
We present a new method for imposing and testing concavity of a cost function using asymptotic least squares, which can easily be implemented even for cost functions which are nonlinear in parameters. We provide an illustration on the basis of a (generalized) Box-Cox cost function with six...
Persistent link: https://www.econbiz.de/10010297734
We present a dynamic model where the probability of outsourcing production is increasing in the firm's expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...
Persistent link: https://www.econbiz.de/10010269467
Das ifo Institut bietet über seinen Konjunkturtest auch einen Beschäftigungsindikator, welcher für die Bereiche verarbeitendes Gewerbe, Bau, Handel und gewerbliche Wirtschaft jeweils eine sehr hohe Kreuzkorrelation mit der entsprechenden Beschäftigungsentwicklung aufweist. Der Indikator ist...
Persistent link: https://www.econbiz.de/10011692145
Das internationale und nationale Umfeld für die sächsische Wirtschaft hellt sich voraussichtlich auf. Hiervon wird auch die sächsische Industrie profitieren, die ihre Wettbewerbsfähigkeit gerade in der zurückliegenden Konjunkturflaute wieder unter Beweis gestellt hat. Trotz Schwächen wegen...
Persistent link: https://www.econbiz.de/10011733002
The present study aims to contribute to the debate concerning the effects on economic performance and the structure of the labor market of regulations that combine high Employment Protection Legislations (EPL) with consent for the use of fixed-term contracts (FTC). Using a Rajan and Zingales...
Persistent link: https://www.econbiz.de/10010316760
This paper examines the effect of FDI on job creation in the Chinese manufacturing sector. As one of the world's largest recipients of FDI, China has arguably benefited from foreign multinational enterprises in various respects. However, one of the main challenges for China, and other developing...
Persistent link: https://www.econbiz.de/10010320099