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This paper analyses the relationship between labour productivity growth and R&D investments of Spanish manufacturing firms during the 1990s. The purpose is to estimate the rate of return to R&D expenditures. The sample is composed by microdata from an unbalanced data panel of firms. Within the...
Persistent link: https://www.econbiz.de/10014217199
The impact of environmental regulation on firm productivity has been long been debated, however, mainly for western economies and with limited firm-level evidence. We study the impact of a large-scale national energy saving program (the Top 1000 Energy-Consuming Enterprises Program, or T1000P,...
Persistent link: https://www.econbiz.de/10011621533
The increasing quantity of literature investigating the impact of trade openness on firm efficiency has not yet provided a definite prediction of the direction of causality. This paper investigates how the relationship between exporting and productivity impacts on manufacturing sectors in...
Persistent link: https://www.econbiz.de/10011284923
Drawing from confidential firm-level balance sheets for 17 European countries (13 Euro-Area), the paper documents the newly expanded database of cross-country comparable competitivenessrelated indicators built by the Competitiveness Research Network (CompNet). The new database provides...
Persistent link: https://www.econbiz.de/10011587714
Using a panel of Spanish firms over the period 2002-2012, we investigate the interactions between high growth episodes in terms of size and productivity. We find that high growth in productivity (size) increases the likelihood of high growth in size (productivity). However, the effect from size...
Persistent link: https://www.econbiz.de/10012956537
This paper revisits the relationship between competition and total factor productivity by analyzing how the type and the degree of product and labor market imperfections affect different moments of total factor productivity distributions. Following the methodology developed in Dobbelaere and...
Persistent link: https://www.econbiz.de/10011588327
In this paper we provide firm-level evidence on the role of resource misallocation for total factor productivity development in Austria. We apply the indirect approach of measuring misallocation via the dispersion in marginal products within narrowly defined industries of Hsieh and Klenow (2009)...
Persistent link: https://www.econbiz.de/10014279479
This paper explores role of multi-product plants and product switching in the Japanese manufacturing sector. While a substantial body of work has explored the importance of the extensive margins of plant entry and exit in employment and output flows, only recently has research begun to examine...
Persistent link: https://www.econbiz.de/10013073635
One of the remaining challenges in explaining differences in total factor productivity is heterogeneity between sectors and within a specific sector in terms of labor and capital. This paper employs the generalized method of moments (GMM) to identify factors that affect total factor productivity...
Persistent link: https://www.econbiz.de/10012295808
In this paper, we analyze the impact of Chinese competition on manufacturing firms in El Salvador between 2005 and 2013 using manufacturing survey data and customs transaction data. We find that Chinese import competition in El Salvador has a negative effect on firms employment, total factor...
Persistent link: https://www.econbiz.de/10012126599