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product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …
Persistent link: https://www.econbiz.de/10011443499
product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …
Persistent link: https://www.econbiz.de/10010297660
This study examines the impact of product market competition and corporate governance on productivity growth in German … when operating in markets with intense competition. Similarly, productivity growth is higher for firms under control of a … manufacturing. Using a panel of almost 500 firms over the years 1986--94, we find that firms experience higher productivity growth …
Persistent link: https://www.econbiz.de/10014127324
product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …
Persistent link: https://www.econbiz.de/10013428290
for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product … governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly …
Persistent link: https://www.econbiz.de/10005098443
consequences of these transformations on firm's productivity, using granular data on firms financial and ownership structure as … major concern from a productivity standpoint: firms displaying higher institutional ownership tend to have higher … productivity levels and growth rates compared to their peers, though the positive relationship tends to vanish when institutional …
Persistent link: https://www.econbiz.de/10014435855
Persistent link: https://www.econbiz.de/10001774445
Persistent link: https://www.econbiz.de/10001651205
for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product … governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly …
Persistent link: https://www.econbiz.de/10013428449
This paper, which is one of the first to estimate productivity in retail electricity for a European country after … services as the main inputs. A structural model is used with a proxy function for productivity to overcome the endogeneity of … input choice. Ownership is controlled for in the law of motion for productivity. The results of the dataset used to validate …
Persistent link: https://www.econbiz.de/10011392296