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The inability to measure the opportunity cost of labor has plagued analyses of firm-level compensation policies for many years. Using a newly constructed data set of French workers and firms, we estimate the opportunity cost of the employees' time based on a measure of the person-effect in the...
Persistent link: https://www.econbiz.de/10012473366
We provide a new model that generates persistent performance differences amongst seemingly similar enterprises. Our model provides a mechanism whereby efficient incumbent rivals can give permission for an inefficient firm to exist in the presence of efficient entrants. We demonstrate that, in a...
Persistent link: https://www.econbiz.de/10012458155
the Netherlands revealed that there exists a negative relationship between market share and productivity growth, and there … is a significant positive correlation between competition and productivity growth. However, what these studies do not …) competition and innovation are key determinants of productivity growth, and (2) market structure and the degree of competition …
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This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …
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This paper constructs a two-country model to investigate how tariff policy influences productivity growth through … productivity of investment in innovation. We show that the relationship between tariff policy and economic growth depends on the …
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