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productivity or vice versa? Using matching methods, I find that productivity shocks are followed by significant increases in size … defined by employment. In contrast, size shocks are not followed by productivity gains at the firm level. This finding casts … doubt on the conventional wisdom that aggregate productivity in Spain is driven by a firm size distribution biased towards …
Persistent link: https://www.econbiz.de/10012987753
productivity or vice versa? Using firm-level administrative data for Spain, I find that productivity shocks are followed by … significant increases in size defined by employment. In contrast, size shocks are not followed by productivity gains at the firm …
Persistent link: https://www.econbiz.de/10011865183
Focusing on labour productivity and working conditions, we investigate the benefits of industrial zones for private … manufacturing enterprises in Myanmar. We find that being located in an industrial zone associates with higher labour productivity …. Value added gains, however, are not transferred to employees. The results are robust to different measures of productivity …
Persistent link: https://www.econbiz.de/10011978505
Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
Persistent link: https://www.econbiz.de/10011434456
To what extent has input reallocation contributed to aggregate productivity growth in the banking sectors of Europe and … productivity has grown by reallocating inputs through the first half of the sample period, at the same time when reallocation … reallocation is an important driver of increases in productivity. …
Persistent link: https://www.econbiz.de/10010486867
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …
Persistent link: https://www.econbiz.de/10013153504
This paper analyzes the implications of labor market institutions and policies on the employment-labor productivity … unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on …
Persistent link: https://www.econbiz.de/10013318959
In this paper we explore the link between firm labour productivity and the introduction of the NMW over a more than ten … data to calculate firm-specific labour productivity measures and then aggregate them to the level of the low-paying sectors …, aggregate LPC sector labour productivity has been significantly positively affected by the NMW in the long run; the effects …
Persistent link: https://www.econbiz.de/10012119679
We test for sorting of workers between and within industrial sectors in a directed search model with coordination frictions. We fit the model to sector-specific vacancy and output data along with publicly-available statistics that characterize the distribution of worker and employer wage...
Persistent link: https://www.econbiz.de/10013032926
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565