This is a pioneer study investigating the relationship between environmental compliance and TFP convergence for SMEs. It examines the impacts of environmental compliance, and its combination with innovation, on TFP convergence of manufacturing SMEs. We applied the dynamic panel regression method...

There is no shortage of dialogues and commentaries extolling the need for more innovation to regenerate sagging national productivity growth. However, hard evidence on whether or not innovation makes a difference is largely absent because most firm-level studies are drawn from cross-sectional...

This study seeks to explain the differential effects of workforce flexibility on incremental and major new product development (NPD). Drawing on the resource-based theory of the firm, human resource management research, and innovation management literature, the authors distinguish two types of...

We build a model of firm entry and exit and show how returns to scale shape firm survival, the equilibrium productivity and size distributions and firm concentration. High productivity dispersion and high concentration ratios need not reflect inefficiencies when returns to scale are strongly...

This paper proposes and estimates a two-step methodology to measure international managerial skill and calculate its impact on firm performance, using a sample of the biggest private Colombian exporting firms. The first step quantifies the manager’s organizational capital contribution to...

This paper presents a novel methodology to measure international managerial skill, which has not been directly measured in the specialized management quality surveys. The international managerial quality variable captures the manager’s organizational capital contribution to improve production...

Since most official estimates of major macroeconomic variables that market participants and policy makers keenly monitor in real time come out with significant publication lags, nowcasting literature especially targeted on key macro variables has trended over the recent years. Nowcasting refers...