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Productivity growth has been slow in many continental European countries over the last few decades, especially in comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are two of the main reasons for this phenomenon. However,...
Persistent link: https://www.econbiz.de/10010297660
Die Faszination von Großunternehmen um 1900, ihre rapide Expansion im betrachteten Zeitraum und die Tatsache, daß einzelne Unternehmen durch technologische Neuerungen tatsächlich hochproduktiv waren, haben zu der Annahme geführt, daß Großunternehmen insgesamt produktiver waren als kleinere...
Persistent link: https://www.econbiz.de/10010305091
Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...
Persistent link: https://www.econbiz.de/10010326074
nicht mehr den zuvor typischen Aufholprozess bei der Produktivitätsentwicklung gegenüber den USA fortsetzen können … Kommunikationstechnologien -, der hier in den zurückliegenden Jahrzehnten die Entwicklung im Vergleich zu den USA prägte, ins Stocken geraten … Unterschiede in der Produktivitätsmessung zwischen den USA und Deutschland erwartet wurde. Mittelfristig ist aber damit zu rechnen …
Persistent link: https://www.econbiz.de/10011601603
received their degree in the years 2000 to 2005 in Europe or the USA. Research productivity is evaluated alternatively as the … number of publications, results suggest a higher productivity by graduates from European universities than from USA …
Persistent link: https://www.econbiz.de/10010269172
received their degree in the years 2000 to 2005 in Europe or the USA. Research productivity is evaluated alternatively as the … number of publications, results suggest a higher productivity by graduates from European universities than from USA …
Persistent link: https://www.econbiz.de/10010271083
This study describes the state of the art in the measurement of intangible capital and its contribution to economic growth, with a focus on an international comparison of intangible investment intensity and intangible capital deepening among eleven advanced economies. By employing a broad...
Persistent link: https://www.econbiz.de/10010273393
Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...
Persistent link: https://www.econbiz.de/10010277257
The literature has pointed to different causes to explain the productivity gap between Europe and United States in the last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US can be explained not only by a lower level of corporate...
Persistent link: https://www.econbiz.de/10010278355
The obvious difference in the economic performance of countries has led to the question why some countries are so much wealthier than others, and whether the size, the structure, and the organisation of the public sector contribute to cross-country income and growth gaps. Public sector...
Persistent link: https://www.econbiz.de/10011435174