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or energy consumption has a positive impact on profitability. This positive result holds both for regulation induced and …
Persistent link: https://www.econbiz.de/10009129823
This study provides new stylized facts on the determinants of corporate failure and acquisition in Germany. It also …
Persistent link: https://www.econbiz.de/10011446202
This paper shows that training of older employees is less effective. Training effectiveness is measured with respect to key dimensions such as career development, earnings, adoption of new skills, flexibility or job security. Older employees also pursue less ambitious goals with their training...
Persistent link: https://www.econbiz.de/10009232254
In this paper we use a simple bureaucracy model of fiscal illusion to analyze the impact of intergovernmental grants on the cost effciency of local jurisdictions. We find that a higher degree of redistribution within a system of fiscal equalization or an increase in the amount of grants received...
Persistent link: https://www.econbiz.de/10003728661
Persistent link: https://www.econbiz.de/10002040129
Germany, this paper presents the first comprehensive evidence on the relationship between exports and profitability. It … documents that the positive profitability differential of exporters compared to non-exporters is statistically significant …. Instead, we use a newly developed continuous treatment approach and show that exporting improves the profitability almost over …
Persistent link: https://www.econbiz.de/10003770907
innovativeness and consequently competitiveness and profitability. Such business ventures, however, might be associated with huge … international R&D activities boost profitability. We employ a large data set of about 1300 firms from the German Community … Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …
Persistent link: https://www.econbiz.de/10008901575
profitability with opposite signs, and, secondly, whether the motivations driving the adoption of those innovations make the …
Persistent link: https://www.econbiz.de/10010128710
estimate the impacts of minimum wages on market entries and exits and firms’ profitability. We find significant effects for … East Germany which point to a substantial shift in industry structure. Minimum wages decreased both market entries and … competition for this group of firms and helped them to increase profitability. The increasing share of sole traders may indicate …
Persistent link: https://www.econbiz.de/10009675281
Using a linked employer-employee data set, this paper analyses the relationship between firm profitability and wages …
Persistent link: https://www.econbiz.de/10003671072