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Diskussionspapiere 2017 / 2022
The advent of cloud computing promises to improve the way firms utilize IT solutions. Firms are expected to replace large and inflexible fixed-cost investments in IT with more targeted variable spending in cloud solutions. In addition, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to their specific needs. We assess these assertions ...
2022| Tomaso Duso, Alexander Schiersch
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Externe Monographien
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 intangible capital, despite having a positive effect on productivity at the micro level, is a driver of the weak productivity performance at the aggregate level ...
Tilburg:
Tilburg University,
2022,
69 S.
(TILEC Discussion Paper ; 2022-08)
| Marie Le Mouel, Alexander Schiersch
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Refereed essays Web of Science
Firms with superior productivity, labeled superstar firms, are argued to be the link between rising concentration and the fall of the aggregate labor share in the US. This analysis confirms that similar evidence is found within the European context: the market share and firm size increase, whereas the labor share decreases with productivity. One of the much discussed mechanisms behind this development ...
In:
Journal of Applied Economics
25 (2022), 1, S. 583-603
| Caroline Stiel, Alexander Schiersch
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Refereed essays Web of Science
We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different size groups of Greek manufacturing firms during the prolonged crisis. At the first stage, we find that the ...
In:
The Journal of Technology Transfer
48 (2023), 4, S. 1161–1175
| Ioannis Giotopoulos, Alexander S. Kritikos, Aggelos Tsakanikas
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Externe Monographien
We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different size groups of Greek manufacturing firms during the prolonged crisis. At the first stage, we find that the ...
Potsdam:
CEPA,
2022,
23 S.
(CEPA Discussion Papers ; 49)
| Ioannis Giotopoulos, Alexander S. Kritikos, Aggelos Tsakanikas
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Externe Monographien
We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different size groups of Greek manufacturing firms during the prolonged crisis. At the first stage, we find that the ...
2022,
23 S.
(GLO Discussion Paper Series ; 1122)
| Ioannis Giotopoulos, Alexander S. Kritikos, Aggelos Tsakanikas
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Diskussionspapiere 2009 / 2022
We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different size groups of Greek manufacturing firms during the prolonged crisis. At the first stage, we find that the ...
2022| Ioannis Giotopoulos, Alexander S. Kritikos, Aggelos Tsakanikas
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Externe Monographien
Against what theory predicts, large productivity gaps across sectors persist and the process of structural transformation is stagnant in many developing economies. This wedge between observed and optimal labor allocations suggests the presence of institutional and market frictions, which impose costs on the reallocation of labor from low to high productivity sectors, thus leading to sub-optimal allocations ...
Paris:
OECD,
2019,
20 S.: Anh.
(Working Paper Series / Economic Research Forum ; 1282)
| Khalid ElFayoumi, Gregory Auclair
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Diskussionspapiere 1988 / 2021
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 ...
2021| Tomaso Duso, Mattia Nardotto, Alexander Schiersch
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Refereed essays Web of Science
We extend standard models of work-related training by explicitly incorporating workers’ locus of control into the investment decision through the returns they expect. Our model predicts that higher internal control results in increased take-up of general, but not specific, training. This prediction is empirically validated using data from the German Socioeconomic Panel (SOEP). We provide empirical ...
In:
Journal of Human Resources
57 (2022), 4, S. 1311-1349
| Marco Caliendo, Deborah A. Cobb-Clark, Cosima Obst, Helke Seitz, Arne Uhlendorf