scholarly journals Is employment growth affected by the introduction of broadband services? Evidence from firms in Ireland

2019 ◽  
Vol 8 (1) ◽  
pp. 41
Author(s):  
Philip Carthy ◽  
Sean Lyons
Keyword(s):  
Employment Growth ◽  
Spatial Information ◽  
Job Creation ◽  
General Effect ◽  
Digital Subscriber Line ◽  
Firm Level ◽  
Level Data ◽  
The Relationship ◽  
Over Time ◽  
Roll Out

This paper examines the effects of deploying digital subscriber line (DSL) broadband on job creation within existing firms. We use spatial information on broadband and firm locations, exploiting geographical and temporal variation in broadband availability in Ireland during 2007-2014. This is linked to a panel of firm-level data on employment and other characteristics. Econometric models are used to explore the relationship between DSL and employment over time and across local economic and industry contexts. We also investigate whether effects might vary depending upon local educational attainment. We find little evidence of a general effect of DSL roll-out on employment in Irish firms.

scholarly journals Zombie Lending and Depressed Restructuring in Japan

2008 ◽  
Vol 98 (5) ◽  
pp. 1943-1977 ◽  
Author(s):  
Ricardo J Caballero ◽  
Takeo Hoshi ◽  
Anil K Kashyap
Keyword(s):  
Market Share ◽  
Employment Growth ◽  
Job Creation ◽  
Firm Level ◽  
Competitive Process ◽  
Lower Productivity ◽  
Zombie Lending ◽  
Job Creation And Destruction ◽  
Productivity Gap

Large Japanese banks often engaged in sham loan restructurings that kept credit flowing to otherwise insolvent borrowers (which we call zombies). We examine the implications of suppressing the normal competitive process whereby the zombies would shed workers and lose market share. The congestion created by the zombies reduces the profits for healthy firms, which discourages their entry and investment. We confirm that zombie-dominated industries exhibit more depressed job creation and destruction, and lower productivity. We present firm-level regressions showing that the increase in zombies depressed the investment and employment growth of non-zombies and widened the productivity gap between zombies and non-zombies. (JEL G21, G32, L25)

scholarly journals Job Quality In The Micro And Small Business Sector In Ethiopia: Evidence From Firm-Level Data

2021 ◽  
Author(s):  
Berihu Assefa Gebrehiwot
Keyword(s):  
Poverty Reduction ◽  
Occupational Safety ◽  
Job Creation ◽  
Job Quality ◽  
Small Enterprises ◽  
Firm Level ◽  
Highly Educated ◽  
Level Data ◽  
Micro And Small Enterprises

Abstract Using a large dataset from the 10 largest cities in Ethiopia, this paper studies what entrepreneurial characteristics and attributes contribute to quality job creation in the micro and small enterprises (MSE) sector. We measure job quality in two ways – i) using wage and contract, and ii) health and occupational safety variables. We find that micro and small enterprises that create quality jobs tend to be operated by highly educated and experienced entrepreneurs. This highlights the role of human capital in quality job creation and poverty reduction. Further, we find that micro and small enterprises that create quality jobs tend to be larger in size and managed by professionally recruited managers.

scholarly journals The Arrival of Fast Internet and Employment in Africa

2019 ◽  
Vol 109 (3) ◽  
pp. 1032-1079 ◽  
Author(s):  
Jonas Hjort ◽  
Jonas Poulsen
Keyword(s):  
Job Creation ◽  
Job Displacement ◽  
Difference In Differences ◽  
Firm Level ◽  
Positive Effects ◽  
Cable Network ◽  
Level Data ◽  
Employment Gain ◽  
Employment Rates ◽  
Fast Internet

To show how fast Internet affects employment in Africa, we exploit the gradual arrival of submarine Internet cables on the coast and maps of the terrestrial cable network. Robust difference-in-differences estimates from 3 datasets, covering 12 countries, show large positive effects on employment rates—also for less educated worker groups—with little or no job displacement across space. The sample-wide impact is driven by increased employment in higher-skill occupations, but less-educated workers’ employment gain less so. Firm-level data available for some countries indicate that increased firm entry, productivity, and exporting contribute to higher net job creation. Average incomes rise. (JEL F14, J23, J24, J63, L86, O15, O33)

scholarly journals The formation of Coasean institutions to provide university knowledge for innovation: a case study and econometric evidence for Switzerland

2020 ◽  
Author(s):  
Dominique Foray ◽  
Martin Woerter
Keyword(s):  
Innovation Performance ◽  
Institutional Setting ◽  
Firm Level ◽  
General Validity ◽  
Level Data ◽  
Econometric Evidence ◽  
Innovative Products ◽  
Type Of Institution ◽  
The Relationship

Abstract “Coasean” institutions are an alternative institutional form that provides a solution to some market and coordination failures. As such they can weaken considerably the case for public subsidies in a vast range of context. They are “market-based” and an inexpensive way to address the public good issues of R&D. They are, however, a largely overlooked institutional option. Early theoretical notions emphasize the advantages of such an institutional setting, however, broader empirical evidence about their effectiveness is lacking. We apply two different empirical approaches to assess the relationship between “Coasean” institutions and the innovation performance of SMEs. In a case study, we investigate Inspire AG, a successful bottom-up, institutional invention in the spirit of a “Coasean” institution. To assess the general validity of this model, we use representative firm-level data to econometrically investigate the relationship between “Coasean” institutions and the sales share of innovative products. “Coasean” institutions are positively related with innovative sales only if the company has a sufficiently large absorptive capacity for external knowledge. This positive moderating effect of “Coasean” institutions for the innovation performance is larger for SMEs. Our empirical findings provide a strong case for policies aimed at encouraging the operation of this type of institution.

scholarly journals The evolution of infant mortality inequality in the United States, 1960–2016

2020 ◽  
Vol 6 (29) ◽  
pp. eaba5908
Author(s):  
Nick Turner ◽  
Kaveh Danesh ◽  
Kelsey Moran
Keyword(s):  
United States ◽  
Infant Mortality ◽  
The United States ◽  
Mortality Rates ◽  
County Level ◽  
Level Data ◽  
Antipoverty Programs ◽  
The Relationship ◽  
Over Time ◽  
Mortality Inequality

What is the relationship between infant mortality and poverty in the United States and how has it changed over time? We address this question by analyzing county-level data between 1960 and 2016. Our estimates suggest that level differences in mortality rates between the poorest and least poor counties decreased meaningfully between 1960 and 2000. Nearly three-quarters of the decrease occurred between 1960 and 1980, coincident with the introduction of antipoverty programs and improvements in medical care for infants. We estimate that declining inequality accounts for 18% of the national reduction in infant mortality between 1960 and 2000. However, we also find that level differences between the poorest and least poor counties remained constant between 2000 and 2016, suggesting an important role for policies that improve the health of infants in poor areas.

scholarly journals City economies and microbusiness growth

Urban Studies ◽  
2016 ◽  
Vol 54 (14) ◽  
pp. 3199-3217 ◽  
Author(s):  
Donald Houston ◽  
Darja Reuschke
Keyword(s):  
Employment Growth ◽  
Developed Countries ◽  
Business Owners ◽  
Firm Level ◽  
Urban Economic Development ◽  
Self Employment ◽  
Jobless Growth ◽  
Home Based ◽  
Level Data ◽  
Different Types

In developed countries, microbusinesses (those employing fewer than 10 people) and home-based businesses have been systematically overlooked in urban economic development thinking. This article assesses the influence of city location and being run from the business owner’s home on microbusiness growth, based on empirical analysis of panel firm-level data over a four-year period during the UK’s long boom. The analysis reveals that cities provide benefits to microbusinesses for turnover growth but not for employment growth – suggesting that the additional growth induced by cities for microbusinesses may be jobless growth. However, in the case of microbusinesses run from the owner’s home, cities facilitate growth into medium-sized businesses (with 50+ staff). In conclusion, microbusinesses, including those run from business owners’ homes, are integral to the evolution and dynamics of urban economies and essential to understanding the nature of growth in cities. Agglomeration theory needs to say more about how urban agglomeration benefits firms of different types and sizes, and small business and self-employment research needs to say more about the influence of location, in particular cities. How businesses use both commercial and residential property are integral to the nature of growth in cities.

Firm-level determinants of job creation by SMEs: Swedish empirical evidence

2015 ◽  
Vol 22 (4) ◽  
pp. 666-679 ◽  
Author(s):  
Darush Yazdanfar ◽  
Peter Öhman
Keyword(s):  
Method Of Moments ◽  
General Pattern ◽  
Generalized Method Of Moments ◽  
Job Creation ◽  
Financial Leverage ◽  
Firm Level ◽  
Data Set ◽  
Content Type ◽  
Industry Sectors ◽  
The Relationship

Purpose – Using a resource-based approach, the purpose of this paper is to examine the effects of the firm-level determinants financial leverage and liquidity on job creation at small and medium-sized enterprises (SMEs) in six industry sectors in Sweden. Design/methodology/approach – The generalized method of moments system model was used to analyse an extensive panel data set of 26,721 Swedish SMEs over the 2008-2011 period. Findings – The empirical results indicate that job creation is positively related to SMEs’ financial leverage and liquidity, and to their size and age. SMEs’ financial leverage and size are the most important firm-level determinants of job creation. Although there are differences between industry sectors, the results confirm the general pattern of the effect of financial leverage and liquidity on job creation. Research limitations/implications – Due to the importance of job creation for economic growth, the relationship between SMEs’ capital structure and job creation should be of interest to researchers, practitioners, and policymakers. In investigating the importance of financial leverage and liquidity to labour demand dynamics, this study analyses the firm-level factors that influence job creation by SMEs. Originality/value – Since there is limited empirical research focusing on this relationship at firm level in the context of SME, the current research aims at investigating the determinants of job creation at the firm level empirically.

Is disposition related to momentum in Chinese market?

2015 ◽  
Vol 41 (6) ◽  
pp. 600-614 ◽  
Author(s):  
Liu Liu Kong ◽  
Min Bai ◽  
Peiming Wang
Keyword(s):  
Stock Market ◽  
Stock Markets ◽  
Disposition Effect ◽  
Chinese Stock Market ◽  
Momentum Effect ◽  
Chinese Market ◽  
Firm Level ◽  
Content Type ◽  
Level Data ◽  
The Relationship

Purpose – The purpose of this paper is to examine whether the framework of Prospect Theory and Mental Accounting proposed by Grinblatt and Han (2005) can be applied to analyzing the relationship between the disposition effect and momentum in the Chinese stock market. Design/methodology/approach – The paper applies the methodology proposed by Grinblatt and Han (2005). Findings – Using firm-level data, with a sample period from January 1998 to June 2013, the authors find evidence that the momentum effect in the Chinese stock market is not driven by the disposition effect, contradicting the findings of Grinblatt and Han (2005) concerning the US stock market. The discrepancies in the findings between the Chinese and US stock markets are robust and independent of sample periods. Research limitations/implications – The findings suggest that Grinblatt and Han’s model may not be applicable to the Chinese stock market. This is possibly because of the regulatory differences between the two stock markets and cross-national variation in investor behavior; in particular, the short-selling prohibition in the Chinese stock market and greater reference point adaptation to unrealized gains/losses among Chinese compared to Americans. Originality/value – This study provides evidence of the inapplicability of Grinblatt and Han’s model for the Chinese stock market, and shows the differences in the relationship between disposition effect and momentum between the Chinese and US stock markets.

Firm Heterogeneity in the Choice of Offshoring: Evidence from Korean Manufacturing Firms

2010 ◽  
Vol 9 (1) ◽  
pp. 157-178 ◽  
Author(s):  
Hea-Jung Hyun
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Firm Heterogeneity ◽  
Global Sourcing ◽  
Foreign Markets ◽  
Firm Level ◽  
Intensity Information ◽  
Level Data ◽  
Information And Communication ◽  
The Relationship

Using firm-level data on offshoring of Korean manufacturers, this paper examines the relationship between firm heterogeneity and the probability of adopting offshoring. The results of the paper suggest that firm productivity may not be an important determinant for Korean firms' offshoring decision. A firm's global sourcing decision may rather depend on other characteristics such as factor intensity, research and development (R&D) intensity, information and communication technology (ICT) level, and affiliation with foreign markets when industry specificity is controlled for.

Sign in / Sign up

Export Citation Format

Share Document