scholarly journals Firm-Level Automation: Evidence from the Netherlands

2020 ◽  
Vol 110 ◽  
pp. 389-393
Author(s):  
James Bessen ◽  
Maarten Goos ◽  
Anna Salomons ◽  
Wiljan van den Berge
Keyword(s):  
The Netherlands ◽  
Employment Growth ◽  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Economic Effects ◽  
Firm Level ◽  
Revenue Growth ◽  
Automation Technology

Studying firm-level adjustments is important for understanding the economic effects of workplace automation. So far, emerging firm-level evidence is focused on robotics and the manufacturing sector. In this paper, we document that the adoption of automation technologies extends beyond manufacturing firms. We identify firm-level automation events and show that automating firms experience faster employment and revenue growth than do nonautomating firms. However, around automation events themselves, employment growth slows markedly. Notably, we find that these effects are similar for manufacturing and nonmanufacturing firms, suggesting that an increasing diffusion of automation technology has important consequences for firms and their workers.

Services Outsourcing and Productivity Growth

2018 ◽  
Vol 19 (2) ◽  
pp. 192-209 ◽  
Author(s):  
Sonia Mukherjee
Keyword(s):  
Productivity Growth ◽  
Manufacturing Sector ◽  
Core Competencies ◽  
Marketing Research ◽  
Manufacturing Firms ◽  
Professional Services ◽  
Business Services ◽  
Positive Role ◽  
Firm Level ◽  
The Impact

The article studies the impact of outsourcing services on the productivity growth of the Indian manufacturing firms. By the term services we mean different expenses on services incurred by the manufacturing firms, such as, advertising, marketing, research and development, consultancy, auditing, business services, knowledge-based services, technical, legal and other professional services (including information communication and technology services). With further expansion in newer services, a higher demand has come from the Indian manufacturing sector. With intensive usage of services in the manufacturing production process, the performance and the manufacturing can focus on the core competencies with outsourced and cheaper services from expert service provider. For this purpose, the firm-level data have been collected from the annual financial statements of the Centre for Monitoring of the Indian Economy’s Prowess database. The econometric results conclude that services have played a positive role in improving the productivity growth of the aggregate Indian manufacturing firms and at the disaggregated level, especially for industrial groups such as food, beverage and tobacco; textiles, gems and jewellery; transport; machinery; metal, rubber and plastic; leather and footwear; and chemicals, services have played a favourable role in boosting the productivity growth. JEL: D24, L80, L60

scholarly journals DETERMINANTS OF ENERGY AND CO2 EMISSION INTENSITIES: A STUDY OF MANUFACTURING FIRMS IN INDIA

2018 ◽  
Vol 63 (02) ◽  
pp. 389-407
Author(s):  
SANTOSH K. SAHU ◽  
DEEPANJALI MEHTA
Keyword(s):  
Carbon Dioxide ◽  
Regression Analysis ◽  
Co2 Emission ◽  
Manufacturing Sector ◽  
Carbon Dioxide Emission ◽  
Business Environment ◽  
Manufacturing Firms ◽  
Primary Sources ◽  
Firm Level ◽  
Indian Manufacturing Sector

This paper investigates determinants of energy and emission intensities of manufacturing firms in India, from 2000 to 2014. Given that Indian manufacturing sector is one of the world’s most polluting sectors in terms of CO2 emissions; we arrive at firm level determinants of energy and carbon dioxide emission intensities from consumption of three primary sources of energy, namely (1) Coal, (2) Natural Gas and (3) Petroleum. The results of the regression analysis suggest that there are inter-firm differences in energy and emission intensity. The results indicate that smaller and larger firms are both energy and emission intensive compared to medium sized firms. Similarly, firms spending more in research and development activities are found to be energy and emission efficient, compare to others. Hence, in the global competitive business environment, Government of India should carefully formulate policies suitable for the medium sized firms to make them energy and emission efficient.

scholarly journals Employment Effects of Innovation at the Firm Level

2007 ◽  
Vol 227 (3) ◽  
Author(s):  
Stefan Lachenmaier ◽  
Horst Rottmann
Keyword(s):  
Employment Growth ◽  
Manufacturing Firms ◽  
Firm Level ◽  
Employment Effects ◽  
Process Innovations ◽  
Positive Effects ◽  
Product Innovations ◽  
Patent Applications ◽  
Product And Process ◽  
Positive Effect

SummaryThis paper analyzes empirically the effects of innovation on employment at the firm level using a uniquely long panel dataset of German manufacturing firms. The overall effect of innovations on employment often remains unclear in theoretical contributions due to reverse effects. We distinguish between product and process innovations and additionally introduce different innovation categories. We find clearly positive effects for product and process innovations on employment growth with the effects for process innovations being slightly higher. For product innovations that involved patent applications we can identify an additional positive effect on employment.

Reduction in Carbon Emissions Intensity and Impact on Export Competitiveness: Evidence from Indian Manufacturing Firms

2017 ◽  
Vol 08 (02) ◽  
pp. 1750012 ◽  
Author(s):  
Bishwanath Goldar ◽  
Yashobanta Parida ◽  
Deepika Sehdev
Keyword(s):  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Firm Level ◽  
Manufacturing Plants ◽  
Level Data ◽  
Export Competitiveness ◽  
Firm Level Data ◽  
Major Loss ◽  
Emissions Intensity ◽  
Capital Intensive

India’s organized manufacturing sector experienced a 11% fall in its carbon di oxide (CO2) emissions intensity during 2009–2012, while a majority of the manufacturing plants achieved over a 30% fall during the corresponding period. How did such a reduction in CO2 emissions intensity affect the export competitiveness of Indian manufacturing firms? Using firm-level data for 2009–2013, this paper attempts to empirically answer that question. It is found that large firms and capital intensive firms have achieved a relatively faster decline in CO2 emissions intensity and that containment of CO2 emissions in manufacturing firms did not cause any major loss in their export competitiveness. Rather, it is found to be positively associated with increases in exports.

ROOTING IN NANYANG: HOW EFFICIENT ARE CHINESE MANUFACTURING FIRMS IN MALAYSIA?

2019 ◽  
pp. 1-22
Author(s):  
MIAO ZHANG ◽  
MD ASLAM MIA
Keyword(s):  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Strategic Decision ◽  
Foreign Firms ◽  
Chinese Government ◽  
Chinese Firms ◽  
Firm Level ◽  
Managerial Skills ◽  
Level Data ◽  
Belt And Road

While China’s Belt and Road Initiative (BRI) is widely considered as an attempt to reshape the global geo-political landscape through its massive investment/engagement in capital-intensive infrastructure, an often-neglected topic is the performance of Chinese-funded firms in manufacturing sector. Therefore, this paper sought to examine the efficiency levels of Chinese manufacturing firms in Malaysia. By using firm-level data supplied by Malaysia’s Department of Statistics, this study employs Data Envelopment Analysis to examine the efficiency levels of Chinese manufacturing firms in comparison with local and other foreign firms in 2010 and 2015. The results show that Chinese manufacturing firms show higher efficiency levels than local and foreign firms in 2010 and 2015, implying that these firms have the potential to transfer technology and share managerial skills to local firms. However, the efficiency levels of Chinese firms deteriorated from 2010 to 2015, suggesting that firms’ relocations decision may have been driven by distortions created by incentives and other supports provided by the Chinese government rather than by firms’ efforts to sustain or raise efficiency levels. The findings suggest that Chinese firms have to be careful in making strategic decision to relocate operations abroad to ensure that government initiatives are in sync with firm-level performance.

scholarly journals COVID-19 Is a Persistent Reallocation Shock

2021 ◽  
Author(s):  
Jose Maria Barrero ◽  
Nick Bloom ◽  
Steven J. Davis ◽  
Brent H. Meyer
Keyword(s):  
Employment Growth ◽  
High Capacity ◽  
Firm Level ◽  
Growth Trends ◽  
Sales Revenue ◽  
Revenue Growth ◽  
Relative Employment ◽  
Work From Home ◽  
Look Back

Drawing on data from the firm-level Survey of Business Uncertainty, we present three pieces of evidence that COVID-19 is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods have risen sharply since the pandemic struck, especially for sales. We compute these rates by aggregating over monthly firm-level observations that look back 12 months and ahead 12 months. Second, as of December 2020, firm-level forecasts of sales revenue growth over the next year imply a continuation of recent changes, not a reversal. Third, COVID-19 shifted relative employment growth trends in favor of industries with a high capacity of employees to work from home, and against those with a low capacity.

Determinants of Innovation in Selected Manufacturing Firms in India: Role of R&D and Exports

2018 ◽  
Vol 23 (1) ◽  
pp. 65-84 ◽  
Author(s):  
K. Seenaiah ◽  
Badri Narayan Rath
Keyword(s):  
Manufacturing Sector ◽  
Capital Intensity ◽  
Probit Model ◽  
Manufacturing Firms ◽  
Firm Age ◽  
Key Factors ◽  
Firm Level ◽  
Export Orientation ◽  
Innovation Activities

This article examines the determinants of innovation using selected manufacturing firms in India. Our study is based on 190 manufacturing firms which were surveyed from Bengaluru and Hyderabad cities in India. The results based on panel probit model reveal that exports and R&D expenditure positively and significantly affect the innovation in case of manufacturing sector. Other key factors such as import intensity, manager’s prior experience, and conducting training sessions to the employee at firm level do positively affect the innovation activities. However, firm age and capital intensity negatively affect innovation. The results suggest the policymakers to concentrate more on export orientation policies and investing in R&D through subsidising or creating more R&D incentive projects which would significantly boost innovations in India.

The Value Relevance of the Foreign Translation Adjustment

2003 ◽  
Vol 78 (4) ◽  
pp. 1027-1047 ◽  
Author(s):  
Henock Louis
Keyword(s):  
Exchange Rate ◽  
Economic Analysis ◽  
Firm Value ◽  
Foreign Currency ◽  
Value Relevance ◽  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Economic Effects ◽  
Accounting Rules ◽  
Exchange Rate Changes

The study presents an economic analysis of the foreign translation adjustment and empirically examines the association between change in firm value and the foreign translation adjustment for a sample of manufacturing firms. The study shows that, for firms in the manufacturing sector, the translation adjustment is associated with a loss of value instead of an increase in value. This result stems from the fact that, for firms in the manufacturing sector, the accounting rules governing foreign currency translations generally produce results opposite to the economic effects of exchange rate changes.

scholarly journals Innovation and Firm-level Labour Productivity: A Comparison of Chinese and Indian Manufacturing Based on Enterprise Surveys

2020 ◽  
Vol 25 (3) ◽  
pp. 465-481
Author(s):  
Poulomi Bhattacharya ◽  
Badri Narayan Rath
Keyword(s):  
World Bank ◽  
Manufacturing Sector ◽  
Labour Productivity ◽  
Ordinary Least Squares ◽  
Manufacturing Firms ◽  
Firm Level ◽  
China And India ◽  
Innovation Activities ◽  
Enterprise Surveys ◽  
The Impact

This article examines the impact of innovation on labour productivity by using latest World Bank Enterprise Surveys data and compares the results between Chinese and Indian manufacturing sector. The article uses cross-section data based on two surveys that were conducted by the World Bank in 2012 and 2014 for China and India, respectively. By employing simple ordinary least squares (OLS) regression technique, we find that innovation affects the labour productivity positively for Chinese as well as Indian manufacturing firms, but its impact on firm productivity is relatively weak in case of India as compared to China. Second, other factors such as average wage of the workers, education of production workers and training do significantly boost the labour productivity of Chinese manufacturing firms as well as for Indian firms. Third, our results based on firm size also indicate that the impact of innovation activities on labour productivity is higher in case of large firms as compared to medium firms. However, innovation does not affect the labour productivity of small manufacturing firms for both China and India. In terms of policy, it is important for both Chinese and Indian manufacturing firms to keep pursuing innovation activities, in order to spur productivity, which would strengthen firms’ growth.

scholarly journals COVID-19 Is a Persistent Reallocation Shock

2021 ◽  
Vol 111 ◽  
pp. 287-291
Author(s):  
Jose Maria Barrero ◽  
Nicholas Bloom ◽  
Steven J. Davis ◽  
Brent H. Meyer
Keyword(s):  
Employment Growth ◽  
High Capacity ◽  
Firm Level ◽  
Growth Trends ◽  
Sales Revenue ◽  
Revenue Growth ◽  
Relative Employment ◽  
Work From Home ◽  
Looking Back

Drawing on data from the firm-level Survey of Business Uncertainty, we present three pieces of evidence that COVID-19 is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods (looking back 12 months and ahead 12 months) have risen sharply since the pandemic struck, especially for sales. Second, as of December 2020, firm-level forecasts of sales revenue growth over the next year imply a continuation of recent changes, not a reversal. Third, COVID-19 shifted relative employment growth trends in favor of industries with a high capacity for employees to work from home.

Sign in / Sign up

Export Citation Format

Share Document