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The Importance of Mittelstand Firms for Regional Apprenticeship Activity

Jahn, Vera - 2017

German politicians frequently emphasize the importance of Mittelstand firms for the economy, thereby particularly referring to their enormous engagement in training apprentices. However, there is yet almost no empirical evidence on the question whether Mittelstand firms are in fact excessively...

Persistent link: https://www.econbiz.de/10011712773

Relational Contracts and Supplier Turnover in the Global Economy

Fischer, Christian; Suedekum, Jens; Defever, Fabrice - 2016

Headquarters and their specialized component suppliers have a vital interest in establishing long-term collaborations. When formal contracts are not enforceable, such efficiency-enhancing cooperations can be established via informal agreements, but relational contracts have been largely ignored...

Persistent link: https://www.econbiz.de/10011527631

Integration or Outsourcing: Combining Ex Ante Distortions and Ex Post Inefficiencies

Nowak, Verena - 2016

Final good production often requires a firm's headquarter services and a foreign supplier's manufacturing input. With incomplete contracts, firms that decide whether to choose integration or outsourcing of this supplier do not only have to consider the ex ante investment incentives that...

Persistent link: https://www.econbiz.de/10011528024

Governance Structures, Cultural Distance, and Socialization Dynamics: Further Challenges for the Modern Corporation

Schwesinger, Georg; Müller, Stephan; Lundan, Sarianna M. - 2016

This paper relates cultural distance and governance structures. We suggest a model of cultural evolution that captures the idiosyncratic socialization dynamics taking place in groups of communicating and interacting agents. Based on these processes, cultural distance within and between groups or...

Persistent link: https://www.econbiz.de/10011528034

Blockchain: A Coordination Mechanism

Pietrewicz, Lesław - 2019

Blockchain technology is firmly established in the public awareness as a revolutionary new technology underpinning cryptocurrency. However, its potential applications can be found across sectors and industries in providing a novel way of producing coordination necessary to transact online,...

Persistent link: https://www.econbiz.de/10012141483

Cost Efficiency of Domestic and Foreign Banks in Thailand: Evidence from Panel Data

Chantapong, Saovanee; Menkhoff, Lukas - 2005

The paper estimates and compares cost efficiency of domestic and foreign banks in Thailand by using bank-panel data between 1995 and 2003. It also examines the effect of foreign bank entry on banking efficiency in Thailand since the significant acquisitions by foreign banks after the 1997...

Persistent link: https://www.econbiz.de/10010295962

Productivity growth, human capital and distance to frontier in Sub-Saharan Africa

Danquah, Michael; Ouattara, Osman; Speight, Alan - 2010

Using the Malmquist productivity index and panel data methods, we study the role of total human capital and its … composition in the technological "catch-up" process and productivity growth via the channels of innovation and adoption of … productivity growth. Primary and secondary school attainment (unskilled labour) contribute significantly to the adoption of …

Persistent link: https://www.econbiz.de/10010301541

Imported intermediary inputs, R&D and Firm's Productivity: Evidence from Indian Manufacturing

Sharma, Chandan - 2011

This paper examines dynamic as well as static effects of imported intermediary inputs and inhouse R&D on productivity … productivity of firms, but the overall findings are rather mixed. Specifically, the results from the production function framework … firms across the industries. However, labor productivity is found to be insulated from these activities. …

Persistent link: https://www.econbiz.de/10010305641

Productivity and age: Evidence from work teams at the assembly line

Weiss, Matthias; Börsch-Supan, Axel - 2011

We study the relation between workers’ age and their productivity in work teams, based on a new and unique data set … potential endogeneity of the age-composition in work teams. Our results suggest that productivity does not decline at least up …

Persistent link: https://www.econbiz.de/10010305954

Local Financial Development and Household Welfare: Microevidence from Thai Households

Gloede, Oliver; Rungruxsirivorn, Ornsiri - 2012

We provide new micro evidence on the discussion about the relationship between financial development and welfare. Relying on the concept of local financial development our analysis focuses on three dimensions of household welfare: vulnerability to poverty, investment, and consumption smoothing....

Persistent link: https://www.econbiz.de/10010307719