Thema Produktivität

Broadband and Productivity: Structural Estimates for Germany

We study the impact of broadband availability on firms’ total factor productivity (TFP) using German firm-level data between 2010 and 2015. We adopt a control function approach to causally identify and separately estimate productivity for 46 two-digit manufacturing and service sectors. Over the sample period, broadband availability, measured by 16 Mbps transmission rates, more than doubled in German ...

The Productivity Puzzle in Business Services

In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries. Using a German firm-level dataset of 700,000 observations between 2003 and 2017, we analyze this largely uncovered phenomenon among professional services, the ...

Produktivität ist bei den wissensintensiven Unternehmensdienstleistungen erheblich gesunken

Die wissensintensiven unternehmensnahen Dienstleistungen, die rund 8,5 Prozent zur der nominalen Wertschöpfung beitragen, sind in Deutschland der viertgrößte Wirtschaftszweig der gewerblichen Wirtschaft. Zudem gehören sie zu den Branchen mit den höchsten Beschäftigungszuwächsen. Die Arbeitsproduktivität in diesem Bereich ist zwischen 1995 und 2014 jedoch um über 40 Prozent gesunken. Erst danach erholt ...

Die Produktivität dürfte bei wissensintensiven Unternehmensdienstleistungen wieder steigen: Interview

The Productivity Riddle in Business Services

This is an online seminar using Cisco Webex. You will receive the login data with the invitation to the talk. Abstract:   A fast growing and diverse literature has addressed one of the riddles of economic developments: the declining labor productivity growth in almost all advanced economies. One of the reasons discussed is the shift towards service industries with inherently low...

Common Ownership, Markups and Productivity: Evidence from European Firms

This is an online seminar using Webex. You will receive the login data with the invitation to the talk. Abstract:  This paper analyzes the relationship between common ownership – when two firms are partially held by the same investor – and markups. Combining firm-level financial data from Europe with ownership data of publicly listed firms, we structurally estimate production...

Testing the Superstar Firm Hypothesis

The superstar firms model provides a compelling explanation for two simultaneously occurring phenomena: the rise of concentration in industries and the fall of labor shares. Our empirical analysis confirms two of the underlying assumptions of the model: the market share increases and the labor share decreases with increasing firm-level total factor productivity, providing support for the superstar ...

Über die persistenten Produktivitätsunterschiede zwischen Ost und West

Microfirms and Innovation in the Service Sector

Knowledge-Based Capital and Productivity Divergence

Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of advanced economies and ensuring long-term economic prosperity. This paper is the first to provide evidence that investment in Knowledge-Based Capital (KBC), despite having a positive effect on productivity at the micro level, is a driver of the weak productivity performance at the ...