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, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …
Persistent link: https://www.econbiz.de/10010276297
of growth and allocation arises from the point of view of economic policy. -- regional production function ; productivity …
Persistent link: https://www.econbiz.de/10003849368
and older vintages of fixed capital. To restore economic dynamism, Japan must encourage productivity growth. Using panel … quality of labor and capital that influence productivity. Our research contributes three significant findings. (1) The older … the average age of a firm’s employees or the longer their seniority, the higher the firms productivity growth, but it is …
Persistent link: https://www.econbiz.de/10009154536
The main purpose of this paper is to consider the development of total factor productivity in the development of gross … individual sectors. It was found that the development of total factor productivity does not match the growth of gross value added … economy and its sectors. The hypothesis stating that if the total factor productivity rises faster than the gross value added …
Persistent link: https://www.econbiz.de/10010520871
In this paper, we review theory and evidence on the links between product market regulations that curb competitive … pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across … important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect …
Persistent link: https://www.econbiz.de/10013112507
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …
Persistent link: https://www.econbiz.de/10012726102
Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …
Persistent link: https://www.econbiz.de/10012783087
Measures of institutional quality are strong predictors of cross-country differences in income and productivity. The …
Persistent link: https://www.econbiz.de/10012900823
We explore how the separation between ownership and control affects firm productivity. Using Finnish administrative … data on the universe of limited liability firms, we document a substantial increase in firm productivity when the CEO …
Persistent link: https://www.econbiz.de/10012859849
-13 on firm-level productivity in France, Italy and Spain. We show that relying on a single break date in 2008 misses both …-level productivity negatively, high-leverage firms suffer more from financial constraints only in Italy, when they are relatively small … productivity …
Persistent link: https://www.econbiz.de/10013246463