Showing 1 - 10 of 3,023
We use mergers in the global asset management industry to study the returns to scale from labor specialization. Mergers are followed by an increase in managerial turnover that assigns fund managers to more specialized tasks. This creates an incremental $54 million of value added per merger per...
Persistent link: https://www.econbiz.de/10012856120
This paper examines the impact of investments in modernization and innovation on productivity in a sample of firms in … focuses on the impact of R&D and patents on firms’ performance and productivity, we examine data on actual investment … achieved higher productivity, and these estimated quantitative effects are greater than the impact of standard innovation …
Persistent link: https://www.econbiz.de/10014026309
This paper examines the impact of investments in modernization and innovation on productivity in a sample of firms in … focuses on the impact of R&D and patents on firms’ performance and productivity, we examine data on actual investment … achieved higher productivity, and these estimated quantitative effects are greater than the impact of standard innovation …
Persistent link: https://www.econbiz.de/10014045552
The recovery in private business investment globally remains extremely weak more than seven years after the financial crisis. This paper contributes to the ongoing policy debate on the factors behind this weakness by analyzing the role of growth prospects and uncertainty in explaining...
Persistent link: https://www.econbiz.de/10011422052
We investigate the effect of international differences in corporate taxation on the realization of productivity gains … thus mitigate the resulting productivity improvement. Using firm-level data on inputs and outputs of production as well as … of two merging firms reduces the subsequent total factor productivity gain by 4.5%. This effect is less pronounced when …
Persistent link: https://www.econbiz.de/10011612569
We study the importance of linguistic diversity in the workplace for workplace productivity. While cultural diversity … might improve productivity through new ideas and innovation, linguistic diversity might increase communication costs and … thereby reduce productivity. We apply a new measure of languages' linguistic proximity to Norwegian linked employer …
Persistent link: https://www.econbiz.de/10012118024
productivity costs. This shift will have varied implications for businesses, contingent upon their scale, access to financial … without displacing other initiatives, yet stringent climate regulations might impede the productivity ascent of … productivity disparities exist between top and bottom emitters within specific industries. The transition period poses a risk to a …
Persistent link: https://www.econbiz.de/10014479727
We study the relationship between ICT, total factor productivity and export at the firm level in Belgium, France and … productivity improvements. We allow for endogeneity, unobserved heterogeneity, dynamic feedback, initial conditions and …
Persistent link: https://www.econbiz.de/10015076749
This paper estimates the impact of financial development on industry-level total factor productivity (TFP) growth using …
Persistent link: https://www.econbiz.de/10003849379
This paper aims to investigate the effect of knowledge characteristics on the total factor productivity of firms … coherence vs. market coherence and of accumulated knowledge on the productivity of firms differs. Productivity increases with … project knowledge, the diversity of the project portfolio positively affects productivity. -- total factor productivity …
Persistent link: https://www.econbiz.de/10003989032