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Between 2003 and 2005, the German government passed an unprecedented package of labor market reforms, commonly known as the Hartz-reforms. This led to a "labor market miracle" with sharply declining unemployment rates. This paper examines these reforms at the regional level and provides a...
Persistent link: https://www.econbiz.de/10014323533
Despite years of deepening economic integration among the states and regions of the European Union, empirical research remains inconclusive about speed of convergence across regions, if not its existence. This paper provides a new look on convergence in the EU while focusing on development at...
Persistent link: https://www.econbiz.de/10012542386
The relationship between economic structure and productivity growth has been a subject of increasing interest over …. Traditionally, productivity has been introduced as explaining factor of tertiarization processes in advanced economies, while it has … been simultaneously assessed that services display lower productivity levels and growth rates than other economic …
Persistent link: https://www.econbiz.de/10012654183
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10013032373
studies conducted so far focus alone on the productivity effects of offshoring at the firm level. Here I carry out the …. On the other hand, positive effects on the growth rate of productivity are found as a result of both types of offshoring … percentage points for services and 0.48 to 0.64 for materials. -- offshoring ; Japan ; employment ; productivity …
Persistent link: https://www.econbiz.de/10009230680
negative causal impact on employment in offshoring firms. The effect is positive and large for productivity, and weak evidence …). It turns out that, compared to non-offshoring firms, firms that relocated activities were larger and more productive, and … relocate, and this points to self-selection of betterʺ firms into offshoring. This finding is in line with results from recent …
Persistent link: https://www.econbiz.de/10003915643
We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we … productivity premia associated with the different sourcing strategies. We find strong empirical support for the predictions of the … model. -- productivity ; outsourcing ; intra-firm trade ; foreign direct investment ; incomplete contracts ; firm-level data …
Persistent link: https://www.econbiz.de/10003923683
negative causal impact on employment in offshoring firms. The effect is positive and large for productivity, and weak evidence …). It turns out that, compared to non-offshoring firms, firms that relocated activities were larger and more productive, and … relocate, and this points to self-selection of "better" firms into offshoring. This finding is in line with results from recent …
Persistent link: https://www.econbiz.de/10003923926
offshoring and domestic outsourcing with a firm panel. I find that offshoring of non-core activities has led to productivity … gains whereas offshoring of core activities and domestic outsourcing have had no such effects. The estimated productivity …The economic effects of offshoring have been subject to extensive empirical analysis in the past, but many studies have …
Persistent link: https://www.econbiz.de/10009570478
negative causal impact on employment in offshoring firms. The effect is positive and large for productivity, and weak evidence …). It turns out that, compared to non-offshoring firms, firms that relocated activities were larger and more productive, and … relocate, and this points to self-selection of "better" firms into offshoring. This finding is in line with results from recent …
Persistent link: https://www.econbiz.de/10013153306