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The effect of labour costs on industry profits, employment and labour income is at the heart of the current European debate on industry competitiveness. High wages paid in European countries such as Germany are generally considered harmful for industry profitability. Though, high wages appear...
Persistent link: https://www.econbiz.de/10010519060
This paper investigates the link between competition and efficiency for the Hungarian corporate sector during various phases of the transition process. We employ frontier production functions for exploring differences among groups of firms, and for identifying the typical adjustment process of...
Persistent link: https://www.econbiz.de/10014125368
ratio) on profitability measurements of banks in Bulgaria. The analysis is based on balanced panel data of 22 banks over the …
Persistent link: https://www.econbiz.de/10014163091
performance are and, importantly, which ones policy makers can influence. We use Bayesian Model Averaging in a panel setting to …
Persistent link: https://www.econbiz.de/10012950748
This paper investigates the link between competition and efficiency for the Hungarian corporate sector during various phases of the transition process. We employ frontier production functions to explore differences among groups of firms, and to identify the typical adjustment process of each...
Persistent link: https://www.econbiz.de/10011545481
performance are and, importantly, which ones policy makers can influence. We use Bayesian Model Averaging in a panel setting to …
Persistent link: https://www.econbiz.de/10011697375
affect national markets differently. The Arellano-Bond dynamic panel data regression shows that an increase in the tax wedge …
Persistent link: https://www.econbiz.de/10011852666
We estimate an ordered probit model in order to explain the occurrence and magnitude of producer price changes in the French manufacturing sector. We use data consisting essentially of the Banque de France monthly business surveys, pooled over the years 1998-2005. Our results show that changes...
Persistent link: https://www.econbiz.de/10003972966
Im Jahr 2004 begann Eurostat für alle Mitgliedsländer der Europäischen Union harmonisierte Zahlen zu den Arbeitskosten … schließlich werden die Einflüsse der Nachfragestruktur auf die Arbeitskosten in der Industrie und im Dienstleistungssektor … a third step, a multivariate analysis (panel estimation) is performed. The final section concludes. …
Persistent link: https://www.econbiz.de/10009530389
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010426362