Showing 145,181 - 145,190 of 145,774
Persistent link: https://www.econbiz.de/10005661362
enabled Taiwan to exploit new technologies and products, resulting in rapid catch up in labour productivity relative to more … advanced economies. Using the industry-of-origin approach, this paper shows that in 1961, Taiwan's labour productivity in …
Persistent link: https://www.econbiz.de/10005661368
Persistent link: https://www.econbiz.de/10005661378
This paper discusses the comparative productivity performance of Eastern and Western Europe since 1950. Firstly, it … looks at the productivity estimates since the beginning of transition in 1989. Secondly an historical approach is adopted by … convergence and divergence trends in productivity since 1950. …
Persistent link: https://www.econbiz.de/10005661382
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10005661518
, scope, and productivity. In the model, firms are heterogeneous in how well they cope with expanding their product range. The …-discount puzzle" found in the data. Globalization induces a merger wave that leads to an improvement in average productivity. This … improvement is not due to selection effects but rather due to product-level productivity effects. The model predicts that …
Persistent link: https://www.econbiz.de/10005661628
productivity. …
Persistent link: https://www.econbiz.de/10005661674
We estimate the effect of international trade on average labour productivity across countries. Our empirical approach … empirical grounds. In contrast to the marginally significant and non-robust effects of trade on productivity found previously … productivity. Our finding is that trade works through labour efficiency, while institutional quality works through physical and …
Persistent link: https://www.econbiz.de/10005661691
We develop a simple estimator for production functions in the presence of endogenous productivity change that allows us … to retrieve productivity and its relationship with R\&D at the firm level. By endogenizing the productivity process we … as a generalization of the knowledge capital model (Griliches 1979) that has remained a cornerstone of the productivity …
Persistent link: https://www.econbiz.de/10005661740
’ hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using … firms’ Total Factor Productivity would have been at least 5% lower in 2000 (about $14bn) in the absence of the US R&D growth …
Persistent link: https://www.econbiz.de/10005661780