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capital is necessary to enter more remote investment targets. While financial services and some manufacturing industries have … missed. Looking at the relationship between FDI growth on one hand and labour productivity, capital productivity and … internationally active larger companies, other industries may be hindered in their expansion by small firm size and scarcity of …
Persistent link: https://www.econbiz.de/10011392225
through the promotion of selected sectors. In this paper we use a firm-level panel of 13 European countries to assess whether …
Persistent link: https://www.econbiz.de/10012150167
Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm … dynamics, considering both firm closedown and product switching. We contribute to the literature in two important ways: (1 … explicitly the role of export opportunities. Our results indicate that globalization does not affect firm exit significantly but …
Persistent link: https://www.econbiz.de/10014215088
operating working capital (NWC) and firm value. Specifically, we show that the value of NWC varies across countries and that it …
Persistent link: https://www.econbiz.de/10012297881
with lower corporate investments and lower cash holdings. These results are sensitive to the ownership structure of a firm …
Persistent link: https://www.econbiz.de/10012950348
free movement of goods and services, flow of capital, movement of labor and the transfer of technology. Many transition and … manufacturing industry. …
Persistent link: https://www.econbiz.de/10010267513
This paper examines industry-level responses of manufacturing employment in the context of globalization using a large … value-added growth (about 10 %) to increase manufacturing employment appreciably (about 4 %). The employment benefits of …
Persistent link: https://www.econbiz.de/10011431690
Growth in U.S. manufacturing’s real value-added has exceeded that of aggregate GDP, except during recessions, leading … many to conclude that the sector is healthy and that the 30 percent decline in manufacturing employment since 2000 is … largely the consequence of automation. The robust growth in real manufacturing GDP, however, is driven by one industry segment …
Persistent link: https://www.econbiz.de/10010259993
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 50 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10013183835