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have also contributed to increasing productivity and long-term growth. We explore empirically the impact of GVC … participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the … industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and …
Persistent link: https://www.econbiz.de/10012827584
We study the productivity effect of the German national minimum wage combining administrative firm datasets. We analyze … reallocation, and short- versus long-run effects. We document higher firm productivity even net of output price increases …. Productivity gains are persistent in manufacturing and service sectors. The minimum wage also increased manufacturing productivity …
Persistent link: https://www.econbiz.de/10014517664
important gains in aggregate industry productivity and that changes in the allocation of labor play a central role in driving … employment and capital growth of local firms with higher productivity and that this effect is concentrated among young firms …
Persistent link: https://www.econbiz.de/10012972167
of productivity have been low in many domestically oriented sectors and consumer welfare has suffered under high prices …
Persistent link: https://www.econbiz.de/10012444046
competition in a number of sectors, resulting in high prices, weak innovative activity and inefficient resource allocation …
Persistent link: https://www.econbiz.de/10012444401
Output and input market distortions manifest as wedges in the firm's first order conditions. The production approach to markup estimation recovers the markup wedge using the output elasticity for a variable and undistorted input. We show that using the revenue elasticity for any variable input,...
Persistent link: https://www.econbiz.de/10013210935
We study the productivity effect of the German national minimum wage by applying administrative firm data. At the firm … level, we confirm positive effects on wages and negative employment effects and document higher productivity even net of … minimum wage increased aggregate productivity in manufacturing. We do not find that employment reallocation across firms …
Persistent link: https://www.econbiz.de/10014281094
We study the productivity effect of the German national minimum wage by applying administrative firm data. At the firm … level, we confirm positive effects on wages and negative employment effects and document higher productivity even net of … minimum wage increased aggregate productivity in manufacturing. We do not find that employment reallocation across firms …
Persistent link: https://www.econbiz.de/10014350440
-West productivity gap is associated with a less efficient labor allocation in former East Germany. Yet, we also demonstrate that the … suggest that regional productivity differences could be substantially narrowed by a more efficient labor allocation among …This paper argues that regional variation in the efficiency of labor allocation among German manufacturing plants plays …
Persistent link: https://www.econbiz.de/10013503649
We consider a tractable model of heterogeneous production units that features endogenous entry and productivity … standard factor misallocation framework, policy distortions featuring a positive productivity elasticity of distortions imply … larger reductions in output through smaller investments in establishment productivity. A calibrated version of the model …
Persistent link: https://www.econbiz.de/10012979762