output, prices and productivity, 3) the measurement of international capital positions and flows, and 4) the use of hedonic …

I analyze the effects of a favorable shift in expected future productivity on the current level of investment and the … real interest rate. In a standard RBC model, an increase in expected future productivity raises the real rate, but …. In contrast with the flexible-price case, the favorable shift in future productivity can lead to an increase in current …

.K. manufacturing. It finds that the rate of productivity change following a foreign take-over is higher the higher the pre …-acquisition productivity level of the acquired firm, indicating the importance of absorptive capacity. However, beyond some critical level of … initial productivity, the rate of technology transfer due to foreign acquisition starts to decline. It seems that U …

productivity. Copyright Kluwer Academic Publishers 2000 …

This paper analyzes the empirical relationship between corporate restructuring and productivity. We estimate … allocation and productivity. We find, at most, restructuring may have spurred the substitution of capital for labor in some … industries, helping to set the stage for increased labor productivity. However, there is little evidence that restructurings …