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The contributions of entry and exit of firms to aggregate productivity growth are well-established in the literature …. However, the impact of industry switching of firms on productivity remains overlooked. The purpose of this report is to shed … both positive and negative contributions to aggregate productivity in different periods. Intra-industry switching had …
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productivity gains and the loss of international competitiveness to the difficulties of our industries to adapt to changes in the …
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wages to the variability in productivity conditions in a unionsised oligopoly framework. The model distinguishes centralised … firm heterogeneity under centralised wage-setting, as unions internalise negative externalities of a wage increase for low-productivity …
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