This paper considers the impact that technology has on firms' choices over organisational form, in particular whether to produce inhouse or outsource and offshore services, and firms' decision over the location of activity.
This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literature the role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals.
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries - incumbents in technologically advanced industries react positively to entry, but not in laggard industries.
In Competition and Growth, Philippe Aghion and Rachel Griffith offer the first serious attempt to provide a unified and coherent account of the effect competition policy and deregulated entry have on economic growth.
This paper discusses some of the main issues involved in the measurement of productivity in retail, and how these problems are being tackled in new work using microdata on the UK supermarket industry.
This survey covers recent solutions to aggregation problems in three application areas, consumer demand analysis, consumption growth and wealth, and labor participation and wages.
This lecture, for the IFS Public Economics Lectures series, focuses on why there is a productivity gap between the UK and some other countries, notably the US, why we want to reward R & D and ways to do this through the tax system.
Cobb Douglas production function parameters are not identified from cross-section variation when inputs are perfectly flexible and chosen optimally, and input prices are common to all firms.
