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Firm-level TFP convergence : an application to the German electricity and gas industry

Albulescu, Claudiu Tiberiu; Miclea, Serban; Grecu, Eugenia - In: Applied economics letters 29 (2022) 9, pp. 805-811

Persistent link: https://www.econbiz.de/10013411785

The original sin : firms' dynamics and the life-cycle consequences of economic conditions at birth

Cavallari, Lilia; Romano, Simone; Naticchioni, Paolo - In: European economic review : EER 138 (2021), pp. 1-24

Persistent link: https://www.econbiz.de/10013269654

Who funds zombie firms : banks or non-banks?

Tuuli, Saara - 2023

Analyses of zombie firms have emphasised the role of bank financing as the reason for zombie survival. This conclusion was made despite no comparative analysis of the sources of external finance for zombie firms. This paper provides the first analysis of that sort using Finnish data....

Persistent link: https://www.econbiz.de/10013535893

The role of services sectors for aggregate productivity : a firm-level anatomy of a large panel of European firms

Merlevede, Bruno; Van Maele, Annelies - 2025

Persistent link: https://www.econbiz.de/10015410660

Steady-state growth and the elasticity of substitution

Irmen, Andreas - 2010 - This version: February 9, 2010.

In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-state growth rate of output per worker is shown to increase in the elasticity of substitution between capital and labor. This confirms the assessment of Klump and de La Grandville (2000) that the...

Persistent link: https://www.econbiz.de/10003931235

Factor substitution, income distribution, and growth in a generalized neoclassical model

Irmen, Andreas; Klump, Rainer - 2007 - This Version: October 16, 2007

We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the impact of factor substitution and income distribution...

Persistent link: https://www.econbiz.de/10003592897

Is substitutability the new efficiency? : endogenous investment in the elasticity of substitution between clean and dirty energy

Stöckl, Fabian - 2020

When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in … fuels can be increased perpetually. However, this is not in line with observed firm investment behavior and the limits to … investment to increase input substitutability, in addition to investment in efficiency. The model predicts that, for a growing …

Persistent link: https://www.econbiz.de/10012257316

The effect of bank shocks on firm-level and aggregate investment

Amador, João; Nagengast, Arne J. - 2016

We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the … are found to impair firm-level investment in all firms in our sample, but in particular for small firms and those with no … 20-40% of aggregate investment dynamics. …

Persistent link: https://www.econbiz.de/10011497725

Determinants of Business Fixed Investment: Evidence from German Firm-Level Data

Buettner, Thiess; Hoenig, Anja - In: Jahrbücher für Nationalökonomie und Statistik 236 (2016) 5, pp. 533-556

. Controlling for sales, a good rather than normal business situation is found to be associated with about 8 % higher investment. …

Persistent link: https://www.econbiz.de/10014609922

The effect of bank shocks on firm-level and aggregate investment

Amador, João; Nagengast, Arne J. - 2016

Persistent link: https://www.econbiz.de/10011605959