Suche nach Publikationen

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.

Weitere%20Publikationen:%20Klaus%20S.%20Friesenbichler(17 Treffer)

Klaus S. Friesenbichler, Christian Glocker, What can we learn from productivity dynamics over the crisis episode in the EU?

Österreichische Gesellschaft für Europapolitik, Policy Brief, 2018, 7 Seiten,
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.

Klaus S. Friesenbichler, Eva Selenko, Firm performance in challenging business climates. Does managerial work engagement make a difference?

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.

Klaus S. Friesenbichler, Eva Selenko, George Clarke, Perceptions of Corruption: An Empirical Study Controlling for Survey Bias

Journal of Interdisciplinary Economics, 2017, (1), S.1-30,
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.

Klaus S. Friesenbichler, Werner Hölzl, Firm Growth and Broad Strategies

Academy of Management Proceedings, 2017, (1),
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.

Klaus S. Friesenbichler, Entwicklungsaspekte der Außenwirtschaft Fokus: Offene Märkte , in: Aktuelle volkswirtschaftliche Fragen im Rahmen von internationaler Wirtschaft und Europäischer Integration

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.