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major indicator of firm micro level corruption while dividend policy is not. The results show maturity stage firms have the …
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period of unusual expansion. Much of the decline can be attributed to a reduced flow of lending by banks – particularly to …
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We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring") is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …
Persistent link: https://www.econbiz.de/10010264353
We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring”) is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …
Persistent link: https://www.econbiz.de/10005181530
perception of decline be reconciled with a reality of growth? The answer is that the "decline" which is perceived is a decline in … is in terminal decline, and that the lost output is being replaced by imports from the developing world. Almost daily … employment in the industrial sector, but this decline is more than counterbalanced by the rise of productivity, so that the …
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If someone lives in an economically depressed place, they were probably born there. The presence of people with local ties – a preference to live in their birthplace – leads to smaller migration responses. Smaller migration responses to wage declines lead to lower real incomes and make real...
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