2024-03-28T21:53:32Zhttps://repositorio.bde.es/oai/requestoai:repositorio.bde.es:123456789/70442023-06-08T12:34:24Zcom_123456789_5661com_123456789_21col_123456789_5687
Firm behaviour, market deregulation and productivity in Spain
Alonso Borrego, César
TFP
Competition
Employment composition
Endogeneity
Modelos de datos de panel
Producción industrial
Mercado de trabajo
L10
L11
L22
L23
C23
The aim of this paper is to analyze the evolution of productivity and how firm behavior and institutional conditions affects productivity. For that purpose, we use a longitudinal sample of Spanish manufacturing and services companies between 1983 and 2006, as well as OECD indicators on product market regulations. The productivity measurement is based on the control function approach, to overcome the endogeneity bias. Both for manufacturing and services firms, we have found that the share of temporary employment tends to reduce productivity, the effect being stronger for services firms, which make a more intensive use of this employment type. Our results also show that increases in competition lead to productivity improvements. Besides, those manufacturing firms who keep undertaking in-house production of services tend to be more productive. The lack of competition in the services sector may be preventing firms to increase specialization while outsourcing non-manufacturing activities
2010-11-29
Documento de trabajo
ISSN: 0213-2710 (en papel)
ISSN: 1579-8666 (en línea)
https://repositorio.bde.es/handle/123456789/7044
eng
Documentos de Trabajo / Banco de España, 1035
Reconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
In Copyright - Non Commercial Use Permitted
https://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
http://rightsstatements.org/vocab/InC-NC/1.0/
47 p. : tab.
application/pdf
España
Banco de España
Madrid : Banco de España, 2010