. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both … public-to-private and private-to-private buyouts. Target productivity gains are larger yet for deals executed amidst tight … sharply curtails productivity gains in public-to-private and divisional buy-outs. Average earnings per worker fall by 1.7% at …

“polarization,“ causing low-productivity firms to exit the market while others temporarily distort their employment upward …. Dynamically, firms are incentivized to improve productivity to meet targets. Using novel data from East German firms post … exit probability, and 10% higher annual productivity growth over the target period. Structural estimates reveal substantial …

: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment … after 10 years. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in …

I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German …. This approach allows for an endogenous dynamic productivity process and corrects for simultaneous changes in input use or … productivity after a firm is regulated by the EU ETS. After estimating the firm specific productivity, I employ a difference …

I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German …. This approach allows for an endogenous dynamic productivity process and corrects for simultaneous changes in input use or … productivity after a firm is regulated by the EU ETS. After estimating the firm specific productivity, I employ a difference …

"polarization," causing low-productivity firms to exit the market while others temporarily distort their employment upward …. Dynamically, firms are incentivized to improve productivity to meet targets. Using novel data from East German firms post … exit probability, and 10% higher annual productivity growth over the target period. Structural estimates reveal substantial …

: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment … after 10 years. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in …

productivity growth-particularly among the less productive firms under private Chinese or foreign ownership, but not among state …

factor productivity growth–particularly among the less productive firms under private Chinese or foreign ownership, but not …