We examine two sources of productivity improvement in the specialized industrial clusters of the early twentieth … century Japanese silk-reeling industry. Agglomeration improves the productivity of each plant through positive externalities …, shifting plant-level productivity distribution to the right. Selection expels less productive plants through competition …

effect of the reform on firms’ capital structure, liquidity, investments and productivity. The effect of the reform is … productivity has also been found, especially among companies in the services sector. The results imply that distributed profit …

technologies and present differences in the productivity of their educational inputs due to management issues. On the one hand the … in order to analyse total factor productivity changes and divergences between publicly financed schools when only a … higher productivity change for public schools, due to technical efficiency improvements, whereas the technology progress is …

productivity of the recipient countries. However, we find that there is little macroeconomic evidence that FDI fosters productivity …

The literature has pointed to different causes to explain the productivity gap between Europe and United States in the … last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …

are characterized by higher productivity levels than exporters on average, the productivity ranking predicted by Helpman …

We evaluate the effects of employer-provided formal training on employee suggestions for productivity improvements and …

productivity of the private sector since Munnell (1992). We have thus introduced this relation into the recursive dynamic …

We study equity price volatility in general equilibrium with news shocks about future productivity and monetary policy …