Why don’t African firms create more jobs?

Leonardo Iacovone, Vijaya Ramachandran, 7 February 2014

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There is an urgent need for job creation in Africa. Many economies on the continent suffer high rates of under-employment and/or low-productivity employment. In addition, because of demographic factors, many countries anticipate that large numbers of youth will enter the workforce in the near future.

Topics: Development, Labour markets
Tags: Africa, firms, jobs

Preparing to export

Danielken Molina, Marc Muendler, 27 May 2013

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Exporting is an essential feature of strategies for economic development for very good reasons. A large body of empirical evidence shows that exporters are larger, more productive, pay higher wages and hire more skilled workers (Bernard and Jensen 1995). But do firms move from local sales to export sales? What choices do firms make in preparation for exporting?

Topics: Development
Tags: exports, firms, Labour Markets

Stock market turnover and corporate governance

Alex Edmans, Vivian W Fang, Emanuel Zur, 16 February 2013

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The stock market is a powerful tool for controlling corporation’s behaviour. But what is best:

Topics: Financial markets
Tags: corporate governance, financial markets, firms, liquidity, stocks

Are services traded differently?

Andrea Ariu, 23 December 2012

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International trade is traditionally thought of as goods crossing borders. Trade in services, however, is becoming increasingly important for high-income countries and its role is likely to grow substantially over the next years (Francois and Hoekman 2010).

Trade in services and goods differ along several critical dimensions (WTO 2010).

Topics: International trade
Tags: Belgium, firms, trade in services

Firm organisation: What we know and why we should care

Laura Alfaro, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew Newman, 2 December 2012

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A series of corporate calamities in the 2000s has helped to arouse suspicion amongst policymakers and the public that corporate organisation matters. Internal organisation issues are blamed for lost jobs, lost pensions and lost fortunes (e.g.

Topics: Industrial organisation, International trade
Tags: firm organisation, firms, protectionism, trade

The (re)location effects of enterprise zones

Thierry Mayer, Florian Mayneris, Loriane Py, 28 September 2012

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Spatial inequalities within French municipalities are striking. Some depressed urban areas with low income, high unemployment rate, low level of education and deprived social housing are just a few blocks away from wealthy neighbourhoods. These urban disparities have important social and economic implications.

Topics: Industrial organisation
Tags: Enterprise zones, firms, France

Firms reorganise to grow (by hiring workers that know and earn less)

Lorenzo Caliendo, Ferdinando Monte, Esteban Rossi-Hansberg , 31 August 2012

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How do firms organise production? How does this organisation change as firms grow?

Topics: Labour markets, Productivity and Innovation
Tags: firms, growth, production

What determines productivity?

Chad Syverson, 25 June 2010

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Productivity – the efficiency with which firms transform inputs into outputs – is the elixir of economic success. Nations that enjoy rising productivity experience sustainable growth that simplifies a broad swath of economic and social problems. The same is true at the corporate level. Naturally then, productivity is the focus of a great deal of government and corporate policy.

Topics: Productivity and Innovation
Tags: firms, Management, productivity

The transformation of India: Incumbent control, reforms, and newcomers

Laura Alfaro, Anusha Chari, 12 December 2009

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The end of the license Raj and implementation of pro-market reforms in the 1980s and 1990s had far-reaching implications for India’s industrial structure. Significant sectors of the economy were opened up to private participation through industrial de-licensing and de-reservation measures.

Topics: Development
Tags: firms, India, liberalisation

The competitiveness of European firms and the euro

Gianmarco I.P. Ottaviano, Filippo di Mauro, Daria Taglioni, 10 March 2009

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In recent years, much attention has been devoted to the impact of a single currency on trade volumes.

Topics: Europe's nations and regions, International trade, Productivity and Innovation
Tags: competitiveness, euro, firms

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