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We argue that social capital as proxied by trust increases aggregate productivity by affecting the organization of firms. To do this we collect new data on the decentralization of investment, hiring, production, and sales decisions from Corporate Headquarters to local plant managers in almost...
Persistent link: https://www.econbiz.de/10005256468
We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the US, France, Germany and the UK. These measures of managerial practice are strongly associated with firm-level productivity, profitability, Tobin's Q, sales growth and survival...
Persistent link: https://www.econbiz.de/10005151091
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10010655943
the areas of Germany's traditional industrial strength. This is explained by the nature of high performance work systems …
Persistent link: https://www.econbiz.de/10011253116
The erosion of a number of national systems of employment relations, and the evidence from large scale workplace surveys has brought attention to the considerable diversity of employment systems within major economies. This essay applies the theory of evolutionary games to explain the diffusion...
Persistent link: https://www.econbiz.de/10008646250
, financial performance is likely to be worse. If the product market is uncompetitive this might imply a simple transfer from … senescence. Therefore the impact of unions on productivity, financial performance and investment is extremely important. This … the productivity performance of the workplace or firm. The evidence indicates that, in the USA, workplaces with both high …
Persistent link: https://www.econbiz.de/10004967697
To what extent can the decline in British trade union density between 1990 and 1998 be attributed to declining opportunities to unionize compared to declining propensity to unionize among workers with the opportunity to do so and to compositional change? This question is answered using data to...
Persistent link: https://www.econbiz.de/10005796138
Overall, collective bargaining coverage has dropped by around fourteen percentage points. This paper investigates the causes and consequences of the decline in collective bargaining in Britain between 1990 and 1998. One in three workplaces that practiced collective bargaining in 1990 had...
Persistent link: https://www.econbiz.de/10005797232
In 2000 the UK government introduced, under the Employment Relations Act of 1999, a new statutory union recognition procedure, while in 2003 it published a consultation document on its Review of the Act. The document concluded that th eunion procedure was broadly working and confirmed that the...
Persistent link: https://www.econbiz.de/10005797284
Information provision is an important part of all mechanisms which give employees voice atwork. This paper considers the law on information disclosure for joint consultation andcollective bargaining in three countries, Germany, France, and the UK, chosen for theirdistinctive legal and...
Persistent link: https://www.econbiz.de/10005797302