Weitere Publikationen der WIFO-Mitarbeiterinnen und -Mitarbeiter
Die umfangreiche Publikationstätigkeit der Mitarbeiterinnen und Mitarbeiter des WIFO dokumentiert die enge Vernetzung mit
der internationalen Scientific Community.
While all EU economies witnessed a sharp decline in output during the financial crisis, the peripheral EU countries were particularly
hard hit. This is surprising, given their sound macroeconomic performance prior to the crisis. It became obvious that imbalances
had been building up underneath a seemingly tranquil macroeconomic surface. We argue that the underlying mechanisms are mirrored
by productivity developments in a tradable-non-tradable framework. Countries that were severely affected not only exhibited
low productivity growth in tradables (e.g., manufacturing), but also experienced a sharp increase in the production of non-tradables
(e.g., real estate) before the crisis.
International Journal for Re-Views in Empirical Economics, 2018, 21 Seiten
Do more highly work-engaged managers contribute to firm performance? Leaning on the resource-based view, we propose managerial
work engagement as a resource relevant to firm performance. Data from a representative survey of managers in Bangladesh support
this and illuminate the role of the wider context in predicting work engagement. In less-corrupt environments with a more
humane leadership culture, work engagement is more prevalent. In addition, individual work engagement is driven by firm-level
factors and contributes independently to firm performance. This illustrates the mutual dependency between an individual manager's
work engagement and microeconomic determinants of firm performance.
Survey data on corruption are widely used to construct corruption indices, but are hardly questioned. How do individual experiences
shape perceptions of corruption? Do more work-engaged respondents perceive corruption as a bigger obstacle to business operations
than others? What role does answer bias play in corruption surveys? This article brings together several strands of literature
to discuss these questions, and tests them empirically with survey data from Bangladesh and Sri Lanka. We find that individuals
who are more work engaged report corruption as a bigger obstacle. So did respondents who were previously exposed to corruption.
We control for possible answer bias by implementing a randomised response technique, and find that corruption tends to be
under-reported. The effects of work engagement and prior exposure to corruption are more pronounced when the bias indicator
is considered, and again become stronger once we control for answer bias affecting past experiences with corruption.
We empirically explore the effect of broad firm strategies on firm growth using a representative sample of manufacturing firms
from the European Community Innovation Survey 2012. We consider broad strategies related to innovation and marketing, cost
efficiency, building alliances with other firms and institutions, organisational flexibility, and new geographical markets
as explanatory factors of firm growth. Splitting our sample into frontier economies and catching-up countries accounts for
different contexts that affect the interplay of strategy and firm growth. We implement quantile regressions to estimate conditional
coefficients across the distribution of employment-based firm growth rates. High firm growth in frontier countries is associated
with innovation, strategic alliances, and organisational flexibility. High firm growth in catching-up economies is supported
by internationalisation strategies and strategic alliances. We find in addition that in catch-up countries being part of a
foreign owned firm is conducive to high growth. Cost savings are negatively associated with firm growth in both country groups
and marketing strategies do not seem to be associated with rapid firm growth.
Der Vortrag diskutiert die Zusammenhänge zwischen Außenwirtschaft und Entwicklungspolitik und betrachtet die Institutionen
als Voraussetzung für funktionierenden Freihandel. Zudem wird ein Überblick über EU-Strategien gegeben, wobei auch auf den
"Wettstreit der Entwicklungsmodelle" eingegangen wird.
Economics of Transition, 2016, (3), S.535-580
Online seit: 12.10.2016 15:00
Online seit: 21.12.2015 14:24
Online seit: 13.01.2016 11:49
Online seit: 13.01.2016 12:00