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Productivity has been considered a key element for firms and economies to be more competitive. Several studies on productivity at a microeconomic level have found notable heterogeneity between firms. More concretely, differences in Total Factor Productivity (TFP) between large and small firms...
Persistent link: https://www.econbiz.de/10011324448
This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. We place particular emphasis on the contribution of...
Persistent link: https://www.econbiz.de/10005558062
Productivity has been considered a key element for firms and economies to be more competitive. Several studies on productivity at a microeconomic level have found notable heterogeneity between firms. More concretely, differences in Total Factor Productivity (TFP) between large and small firms...
Persistent link: https://www.econbiz.de/10005222953
This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. We place particular emphasis on the contribution of...
Persistent link: https://www.econbiz.de/10005059602
Empirical evidence is compelling that large firms are more productive than small firms. The hypothesis in this paper is that the productivity differences between small and large firms are associated with two of the main determinants of a firm’s performance: the human and technological capital...
Persistent link: https://www.econbiz.de/10005059620
Persistent link: https://www.econbiz.de/10011310502
Theoretical contributions to the literature have stressed the role of human capital in promoting economic growth. However, the empirical exercises have provided mixed evidence on the real effect of such type of capital. Most of the evidence has been obtained by estimating growth equations or...
Persistent link: https://www.econbiz.de/10011324547
Persistent link: https://www.econbiz.de/10003808231
Persistent link: https://www.econbiz.de/10003538914
Persistent link: https://www.econbiz.de/10009734491