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Productivity

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Full-Text Articles in Social and Behavioral Sciences

The Effect Of Remote Work On Firm Level Productivity, Katherine Fullowan Jan 2023

The Effect Of Remote Work On Firm Level Productivity, Katherine Fullowan

Gettysburg Economic Review

This paper investigates the impact of remote work on firm-level productivity. To observe this trend, we develop a theoretical model to understand how an economy performs. We consider the economy as a collection of firms in an attempt to maximize profit. By observing a firms profit function, we are able to derive their productivity by maximizing a representative firm’s profit function. For simplicity purposes, this study treats labor as the only factor of production to focus solely on how changes in the number of remote workers impact productivity. We ultimately find that productivity increases when the number of remote workers …

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The Impact Of Intangible Capital On The Productivity Of Small Firms, Črt Kostevc, Tjaša Redek Sep 2022

The Impact Of Intangible Capital On The Productivity Of Small Firms, Črt Kostevc, Tjaša Redek

Economic and Business Review

Despite the mounting evidence in support of the role of intangible capital on firm performance, some research gaps remain. This paper focuses on the link between intangible capital and firm performance with a particular focus on the effect firm size has on the relationship by studying the population of Slovene enterprises between 2007 and 2020. We find that while intangible assets are positively associated with productivity, the link is by no means linear. Furthermore, micro firms appear to benefit most from investing in intangible assets, while the effect is less robust for small and medium-size enterprises (SMEs) and large firms. …

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Intangible Assets And Their Impact On Economic Performance, Mojca Bavdaž, Yannis Caloghirou, Mira Dimitrić, Aimilia Protogerou Sep 2022

Intangible Assets And Their Impact On Economic Performance, Mojca Bavdaž, Yannis Caloghirou, Mira Dimitrić, Aimilia Protogerou

Economic and Business Review

The paper introduces the topic of intangible assets. It describes the evolution of the concept of intangible assets and the role of these assets in today’s economy. The importance of intangible assets is highlighted through many quantitative estimates of the impact that intangible assets have on economic performance. After reviewing research carried out mainly in the Western economies, the paper concentrates on the research covering the size and impact of intangible investment in the Central and Eastern European (CEE) and Balkan countries. Moreover, the focus shifts to the firm level where the management of intangible assets faces several challenges that …

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Ewom Platforms As Productivity Catalyzers In The Travel Industry: A Two-Stage Double Bootstrap Data Envelopment Analysis, Tomas Saralegui Aug 2022

Ewom Platforms As Productivity Catalyzers In The Travel Industry: A Two-Stage Double Bootstrap Data Envelopment Analysis, Tomas Saralegui

Journal of Sustainability and Resilience

In a fast-paced digitalization context, travel agencies face a challenge to increase productivity. Electronic word of mouth (eWOM) could allow better learning processes, improve communication with customers, and serve as a remarkable diffusion channel. However, this channel is not yet fully embraced by the sector. This research, delimited to Spanish travel agencies in the period 2012-2019, applies a two-stage double bootstrap data envelopment analysis to assess whether eWOM and how firms manage eWOM, contributes to achieving higher levels of efficiency. Results show that firms with higher valence and volume of online reviews tend to be closer to the efficiency frontier. …

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Input Trade And Service Industry Productivity Growth, Mike Hsu Oct 2021

Input Trade And Service Industry Productivity Growth, Mike Hsu

Midwest Social Sciences Journal

In this paper, I address two questions: (1) Does reducing tariffs for manufacturing inputs affect productivity in service industries? (2) Does the effect of input trade liberalization differ for importers in service and manufacturing industries? To answer these questions, I used an establishment-level survey of Uruguayan service industries from 1998 to 2005, a period in which the country reduced its tariffs on manufactured products. I found that service establishments that import inputs from abroad experience a larger increase in productivity relative to non-importers when input tariffs are reduced. Furthermore, the effects of trade liberalization are as significant in the service …

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Three Keys Of Development: Knowledge, Efficiency And Innovative Entrepreneurship, Irfan Kalayci, Ali Soylu, Baris Aytekin Aug 2021

Three Keys Of Development: Knowledge, Efficiency And Innovative Entrepreneurship, Irfan Kalayci, Ali Soylu, Baris Aytekin

University of South Florida (USF) M3 Publishing

The change in the structure and composition of production factors have always been occurred in the world production history. The competition between sectors and also within each sub-sector that comprise them continues. In this sense, competition has always fed change, transformation and progress. The process phenomenon is the change and transformation movements that occur in the production processes that economies focus on. In this respect, the classification steps emphasize this development. In this study, we discuss economic groups (resource-oriented, productivity-oriented, and innovation-oriented) in terms of drivers of economic development (knowledge, efficiency, innovative entrepreneurship, and productivity). The 3rd Industrial Revolution starting …

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Growing Dynamisms' Of Business And Technology/ Global Perspective, Saravanan K., N. Muthu Ph.D Jan 2020

Growing Dynamisms' Of Business And Technology/ Global Perspective, Saravanan K., N. Muthu Ph.D

International Review of Business and Economics

Technology is the essence of change in business and society. In this paper we can learn about technology, its characteristics, its historical phases and how innovation is fuelled today. Technological advances in the modern world have created new business opportunities. Leverage advanced tools to rise above the competition. Technology has revolutionized the way companies conduct business by enabling small businesses to level the playing field with larger organizations. Businesses nowadays, whether it is big or small, also rely on the help of technology.Mostcompaniesdepends their daily operations on the use of technological innovation such as computers, internet connection, printers, applications, and …

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Decomposing Employment Growth In Selected Sub-Saharan African Countries: The Roles Of Structural Changes And Demographic Transition, Abidemi C. Adegboye, Clement A.U. Ighodaro Jan 2020

Decomposing Employment Growth In Selected Sub-Saharan African Countries: The Roles Of Structural Changes And Demographic Transition, Abidemi C. Adegboye, Clement A.U. Ighodaro

CBN Journal of Applied Statistics (JAS)

The challenge of employment growth in SSA countries goes beyond economic growth prospects to include structural and demographic dimensions. This study examines the relative contributions of structural changes and demographic factors to employment growth for a set of sub-Saharan Africa (SSA) countries using available annual data from 1970 to 2014. A decomposition approach is employed in the study using the Jobs Generation and Growth (JoGGs) method which generates results that show distributive components of employment, productivity and output changes over time in a system whereby the roles of economic structure and demographic changes could be observed. The study shows that …

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Theoretical Concepts Of The Competitiveness Of The National Economy, G. K. Sultanova Jun 2019

Theoretical Concepts Of The Competitiveness Of The National Economy, G. K. Sultanova

International Relations: Politics, Economics, Law

The article explores and summarizes the theoretical concepts of competitiveness of the national economy. Based on a review of economic theories, the author describes the evolution of factors that determine the competitiveness of nations. The author concludes that in the scientific literature there are many conflicting views regarding the meaning and definition of the concept of competitiveness. However, the opinion of many scientists coincides that competitiveness is determined by the efficiency and productivity of the economy, and is a means of improving the welfare of the nation.

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Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet Dec 2017

Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet

International Journal of African Development

Theoretically, it is posited that privatization enables the private sector to play a dominant role in the economy by enhancing competition, productivity and efficiency. When evaluated using these criteria, privatization of the manufacturing industries has failed in Ethiopia. Our empirical results show that, at best, privatization did not result in improving productivity, and at worst, it led to a decline in productivity. We argue that the main reason for this outcome is the unique economic and business environment prevailing in Ethiopia, which does not allow the standard economic assumptions of market competition to hold. Ethiopia’s ‘private sector’ can be described …

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Quantitative Evaluation Of The Struggle Of Economic Performance: The Case Of Mena Countries, Noha Emara Sep 2014

Quantitative Evaluation Of The Struggle Of Economic Performance: The Case Of Mena Countries, Noha Emara

Topics in Middle Eastern and North African Economies

The recent political uprising in the Middle East and North African (MENA) economies shines the light on evaluating the so-called structural reforms that are aimed at achieving economic freedom. This paper examines the impact of liberal policies on the economic performance of labor and capital productivity in MENA economies. Using nonlinear Panel Least Squares regression with regional dummies and period fixed effects (LSDV) for a sample of 18 MENA countries over the period 1995-2009, the study estimates the impact of different aspects of economic freedom on labor and capital productivity. The economic freedom measure encompass different areas, including freedom of …

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Contending Theories Of Wage Determination: An Intersectoral Analysis Of Real Wage Growth In The U.S. Economy, James Sheffield Mar 2013

Contending Theories Of Wage Determination: An Intersectoral Analysis Of Real Wage Growth In The U.S. Economy, James Sheffield

Pursuit - The Journal of Undergraduate Research at The University of Tennessee

In recent years, social movements and popular media have drawn attention to the issue of income inequality in the United States. This growing inequality in the distribution of income is often seen as a function of stagnating wage growth in the U.S. economy. There appears to be a fairly broad consensus among commentators that wage growth for many workers in the U.S. has stagnated in recent decades, though the precise causes and implications of this trend are a matter of considerable dispute. Some see it as a function of stagnant productivity growth, while others attribute it to the declining strength …

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Challenges And Benefits In Using Productivity Data From Clinical Trials For Vbp Decisions, Thomas J. Bunz, Pharm.D., Laura T. Pizzi Mar 2008

Challenges And Benefits In Using Productivity Data From Clinical Trials For Vbp Decisions, Thomas J. Bunz, Pharm.D., Laura T. Pizzi

Value-Based Purchasing Newsletter

Making value based purchasing decisions in healthcare requires balancing data from several sources. Information on effectiveness of interventions often comes from clinical trials, with less reliance on observational studies. Historically, the opposite has been true of information on the cost of interventions. More recently, providers of healthcare interventions such as drugs, devices, and disease management programs have begun to understand and appreciate the importance of costs in healthcare decision making. Because of this, the clinical trials used to demonstrate effectiveness have begun to gather data on costs. This article describes some benefits and detriments of collecting cost data as a …

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Foreign Direct Investment And Technology Transfer To Nigerian Manufacturing Firms: Evidence From Empirical Data., Nasiru Musa Yauri Jun 2006

Foreign Direct Investment And Technology Transfer To Nigerian Manufacturing Firms: Evidence From Empirical Data., Nasiru Musa Yauri

Economic and Financial Review

The paper investigates the vertical effects of FDI on Nigeria manufacturing firms. Specifically, the paper asks, do Nigerian manufacturing firms benefits from FDI? As an investigation into the vertical effects of FDI , the paper attempts to establish whether manufacturing firms in Nigeria that receives FDI benefit from technology flows which comes along with foreign capital. The paper employs data from the World Bank Nigerian manufacturing survey, 2001.

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Rozlyn Coleman, " Confronting Budget Deficits" Imf Economic Issues No. 3, 2000: A Review., Newman C. Oputa Jun 2004

Rozlyn Coleman, " Confronting Budget Deficits" Imf Economic Issues No. 3, 2000: A Review., Newman C. Oputa

Economic and Financial Review

The document is based on the fiscal operations of major industrial countries and presents a major concern that it is not the size of the budget as a ratio of the gross domestic product (GDP) that matters, but the persistence of budgetary shortfalls during long periods of peace, when governments traditionally offset their debts and save for the future.

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Office Workers' Productivity Enhanced By Ergonomics, Kelly Derango Jan 2003

Office Workers' Productivity Enhanced By Ergonomics, Kelly Derango

Employment Research Newsletter

No abstract provided.

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Pollution Abatement Costs: Hurting Or Helping Productivity?, Jacqueline M. Volkman Jan 2003

Pollution Abatement Costs: Hurting Or Helping Productivity?, Jacqueline M. Volkman

University Avenue Undergraduate Journal of Economics

This paper analyzes the effect that regulatory inputs or expenditures for labor, materials, and capital have on productivity for three industries (blast furnaces and steel mills, alkalies and chlorine, and petroleum refining). Data is examined from 1973 to 1994 and the growth rate of total factor productivity (TFP) is considered. The pattern of pollution abatement expenditures for three media, water, air, and solid wastes, is also examined graphically. In addition, the measurement for TFP is adjusted to net out regulatory inputs for labor, materials, and capital. A comparison between the original and adjusted measurement of TFP is made for each …

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The Great Divide: A Comparison Of Kentucky And Ohio Counties Along The Ohio River (1840-1860), Jennie Berry Jan 2001

The Great Divide: A Comparison Of Kentucky And Ohio Counties Along The Ohio River (1840-1860), Jennie Berry

University Avenue Undergraduate Journal of Economics

This paper operates under an opposite assumption and, instead, argues that the Kentucky-Ohio border is an ideal test case for the null hypothesis that the institution of slavery per se had no significant economic effects. Kentucky and Ohio counties tracing the Ohio River are composed of the same soil and face similar weather conditions (Blanford, 2001; Barnhisel, 2001; Foster, 2001). Both regions likewise claim the same geographical access to outside markets.

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Free Agents, Fire Sales, And Fungoes: An Econometric Examination Of Team Success In Major League Baseball, Corey R. Maynard Jan 1999

Free Agents, Fire Sales, And Fungoes: An Econometric Examination Of Team Success In Major League Baseball, Corey R. Maynard

University Avenue Undergraduate Journal of Economics

This paper explores what good organizational strategies baseball teams use to put themselves into the group of those that win more often than they lose, and conversely, what poor strategies cause teams to fall into the group of those who lose more than they win.

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