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This paper assesses the impact of product market competition on job instability as proxied by the use of fixed-term labor contracts. Using both worker data from the Spanish Labor Force Survey and firm data from the Spanish Business Strategies Survey, I show that job instability rises with...
Persistent link: https://www.econbiz.de/10013125476
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. Domestic productivity growth converges to the international rate through firm-level investment in process innovation. With … imported goods and the productivity differential of domestic firms with the rest of the world. We show that increased import … competition, through either a larger number of imported goods or a faster international rate of productivity growth, leads to …
Persistent link: https://www.econbiz.de/10012860736
In a general equilibrium product-cycle model, lower trade barriers increase Southern purchasing power, which lifts long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated inside firms, which lowers the opportunity cost of innovation,...
Persistent link: https://www.econbiz.de/10013057413
competition from demand shocks in export markets – and the induced product mix reallocations – induce productivity changes within … the firm. We then empirically test for this connection between the demand shocks and the productivity of multi …-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity is substantial – and …
Persistent link: https://www.econbiz.de/10012986299
The economic value of innovation, defined as the expected present value of incremental future cash flow associated with the innovation, is a primary incentive for firms' investment in innovative projects. This paper investigates how product market competition affects the economic gain firms can...
Persistent link: https://www.econbiz.de/10013222554
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face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro … confirmed in an empirical study of the German clothing industry. -- International trade ; firm heterogeneity ; productivity …
Persistent link: https://www.econbiz.de/10003878218
reallocations - induce productivity changes within the firm. We then empirically test for this connection between the demand shocks … and the productivity of multi-product firms exporting to those destinations. We find that the effect of those demand … shocks on productivity are substantial - and explain an important share of aggregate productivity fluctuations for French …
Persistent link: https://www.econbiz.de/10011569636