Search results for "Unbundling"

showing 3 items of 3 documents

Unbundling technology adoption and tfp at the firm level. Do intangibles matter?

2012

We use a panel of European firms to investigate the relationship between intangible assets and productivity. We distinguish between total factor productivity (tfp) and technology adoption, whereas standard estimations consider only a notion of productivity that conflates the two effects. Although we are unable to address simultaneity, we allow for the existence of multiple technologies within sectors through a mixture model approach. We find that intangible assets have nonnegligible effects that both push firms toward better technologies (technology adoption effects) and allow for more efficient exploitation of a given technology (tfp effects).

Economics and Econometricintangible assetsSimultaneityfirm selectionTFP Intangible Assets Heterogeneity Firm Selection Technology Adoption Mixture Modelstechnology adoptionjel:D24jel:F12Strategy and Management1409 Tourism Leisure and Hospitality ManagementTFPjel:C29TFP intangible assets firm heterogeneity firm selection technology adoption mixture modelsfirm heterogeneityManagement of Technology and Innovationmixture models;tfp;intangible assets;firm heterogeneity;firm selection;technology adoptionEconomicsjel:O32Business Management and Accounting (all)Unbundlingmixture modelsSettore SECS-P/01 - Economia PoliticaProductivityTotal factor productivityIndustrial organization
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Is the productivity premium of internationalized firms technology-driven?

2020

AbstractWe ask whether the productivity advantage of internationalized firms documented by the international trade literature can be interpreted most accurately in terms of proximity to the “technological frontier”. We answer in the affirmative using a methodology (based on mixture models) of unbundling technology and total factor productivity (TFP) by estimating “technology-specific” production function parameters. Exploiting detailed data provided by the EFIGE database (a sample of firms distributed across Austria, France, Germany, Hungary, Italy, Spain, and the UK), we find technology gaps (with respect to the frontier) more than three times larger than the TFP gaps on average. We also f…

Statistics and ProbabilityEconomics and EconometricsHeterogenous firm Productivity premium Selection effect Technology TFP Trade modelTechnologyCompetitor analysisForeign direct investmentHeterogenous firm · Productivity premium · Selection effect · Technology · TFP · Trade modelSelection effectCompetition (economics)TFPMathematics (miscellaneous)Heterogenous firmProductivity premiumProduction (economics)media_common.cataloged_instanceTrade modelBusinessUnbundlingEuropean unionSettore SECS-P/01 - Economia PoliticaProductivityTotal factor productivitySocial Sciences (miscellaneous)Industrial organizationmedia_common
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Unbundling Technology Adoption andtfpat the Firm Level: Do Intangibles Matter?

2015

We use a panel of European firms to investigate the relationship between intangible assets and productivity. We distinguish between total factor productivity (tfp) and technology adoption, whereas standard estimations consider only a notion of productivity that conflates the two effects. Although we are unable to address simultaneity, we allow for the existence of multiple technologies within sectors through a mixture model approach. We find that intangible assets have nonnegligible effects that both push firms toward better technologies (technology adoption effects) and allow for more efficient exploitation of a given technology (tfp effects).

Economics and EconometricsSimultaneitybusiness.industryManagement of Technology and InnovationStrategy and ManagementEconomicsInternational tradeUnbundlingbusinessGeneral Business Management and AccountingProductivityTotal factor productivityIndustrial organizationJournal of Economics & Management Strategy
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