Search results for "productivity growth"
showing 6 items of 6 documents
Outward Investments and Productivity: Evidence from European Regions
2016
Castellani D. and Pieri F. Outward investments and productivity: evidence from European regions, Regional Studies. Using a novel data set on international investment projects, this paper builds measures of outward foreign direct investments (FDIs) for 262 regions of the European Union. This allows as estimation to be made of regressions of productivity growth over the 2007–11 period as a function of the number of FDIs. The number of outward FDIs in manufacturing activities is negatively associated with productivity growth in the home region, but investments in sales, distribution and marketing are associated with a boost in local productivity. This is driven especially by investments toward…
Entrepreneurship Training and Self-Employment among University Graduates
2012
In economies characterized by low labor demand and high rates of youth unemployment, entrepreneurship training has the potential to enable youth to gain skills and create their own jobs. This paper presents experimental evidence on a new entrepreneurship track that provides business training and personalized coaching to university students in Tunisia. Undergraduates in the final year of licence appliquee were given the opportunity to graduate with a business plan instead of following the standard curriculum. This paper relies on randomized assignment of the entrepreneurship track to identify impacts on labor market outcomes one year after graduation. The analysis finds that the entrepreneur…
Trade in final goods and the impact of innovation
2011
Abstract This paper analyses how innovations in imported final goods impact via terms of trade effects upon welfare growth in the domestic economy. It is shown that the impacts, although differing across countries, are quantitatively significant and worthy of further consideration.
Aggregate uncertainty and sectoral productivity growth: The role of credit constraints
2016
Abstract We show that an increase in aggregate uncertainty—measured by stock market volatility—reduces productivity growth more in industries that depend heavily on external finance. The mechanism at play is that during periods of high uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment—such as on ICT capital—which is more subject to liquidity risks (Aghion et al., 2010). The effect is larger during recessions, when financing constraints are more likely to be binding, than during expansions. Our statistical method—a difference-in-difference approach using productivity growth of 25 industries from 18 advanced econo…
The role of ICT and high-growth firms : micro-level evidence on job creation and productivity growth
2016
Tässä tutkielmassa analysoidaan kasvuyritysten sekä tieto- ja viestintäteknologian (ICT) kontribuutioita työpaikkojen luomiseen ja työn tuottavuuteen. Suomen talouden kehitys on ollut heikkoa viimeisen vuosikymmenen ajan globaalista finanssikriisistä johtuen. Työttömyys on noussut korkealle tasolle ja työn tuottavuuden kasvu hidastunut, ja lopulta pysähtynyt. Lisäksi on keskusteltu siitä, syntyykö Suomeen uusia työpaikkoja. Tässä tutkielmassa pyritään tarjoamaan empiiriseen tutkimukseen perustuvaa tietoa Suomen talouskasvun lähteistä. Tutkielmassa esitetään kasvuteorian lisäksi kasvuyrittäjyyteen liittyvää teoriataustaa sekä aiempaa kirjallisuutta. Lisäksi esitellään yrityksen elinkaareen l…
Trends and Drivers of Productivity Growth in Latvia
2019
Proceedings of the 11th international scientific conference "New Challenges of Economic and Business Development – 2019: Incentives for Sustainable Economic Growth" organized by the Faculty of Business, Management and Economics (University of Latvia), 16 - 18 of May, 2019.