A Method for Improved Capital Measurement by Combining Accounts and Firm Investment Data

Raknerud, Arvid; Rønningen, Dag; Skjerpen, Terje

doi:10.1111/j.1475-4991.2007.00241.x

Cited by 15 publications

(14 citation statements)

References 11 publications

(14 reference statements)

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“…We use population-wide administrative register data provided by Statistics Norway, Statistics Norway's Structure Statistics and Statistics Norway's Capital Data Base (Raknerud et al, 2007). The administrative register data comprise the full Norwegian population of workers, workplaces, and firms during the years 2001-2012 (around 2,500,000 worker observations each year).…”

Section: Data and Key Measuresmentioning

confidence: 99%

Linguistic diversity and workplace productivity

Dale‐Olsen

Finseraas

2020

Labour Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.We study the importance of linguistic diversity in the workplace for workplace productivity.While cultural diversity might improve productivity through new ideas and innovation, linguistic diversity might increase communication costs and thereby reduce productivity.We apply a new measure of languages' linguistic proximity to Norwegian linked employeremployee Manufacturing data from 2003-12, and find that higher workforce linguistic diversity decreases productivity. We find a negative effect also when we take into account the impact of cultural diversity. As expected proficiency in Norwegian of foreign workers improves since their time of arrival in Norway, the detrimental impact disappears. JEL Classification:J15, D24, J24

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Section: Data and Key Measuresmentioning

confidence: 99%

Linguistic diversity and workplace productivity

Dale‐Olsen

Finseraas

2020

Labour Economics

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“…Where possible, we also use estimates of firm level capital values (distributed to the plant level according to employment shares) as starting values for plants with entry after 1995. These capital values are obtained from recent work to improve on capital estimates in Norwegian manufacturing (see Raknerud et al (2003)). We use separate price deflators for inputs and output and for investment in buildings and machinery obtained from Statistics Norway.…”

Section: Data and Variable Definitionsmentioning

confidence: 99%

Foreign firms and host-country productivity: does the mode of entry matter?

Balsvik

Haller

2010

Oxford Economic Papers

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Foreign direct investment is often considered an important source of knowledge spillovers. However, results from the empirical literature relating overall foreign presence to host country productivity are ambiguous. We argue that this may be because different modes of entry may have different effects on productivity. Using 24 years of comprehensive panel data for Norwegian Manufacturing, we find that greenfield entry has a negative impact on the productivity growth of domestic plants, while entry via acquisition affects local productivity positively. The net effect is a small positive effect of an overall change in foreign presence on local productivity growth.

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“…Raknerud et al (2003) for elaborations. 9 See overview provided in Griffin and Mahon (1997), Table 2.…”

Section: Measure Of Environmental Performance (Enp)mentioning

confidence: 99%

“It Pays to be Green” – A Premature Conclusion?

Telle

2006

Environ Resource Econ

162

121

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Abstract:It has been claimed that good environmental performance can improve firms' economic performance. However, because of e.g. data limitations, the methods applied in most previous quantitative empirical studies of the relationship between environmental and economic performance of firms suffer from several shortcomings. We discuss these shortcomings and conclude that previously applied methods are unsatisfactory as support for a conclusion that it pays for firms to be green. Then we illustrate the effects of these shortcomings by performing several regression analyses of the relationship between environmental and economic performance using a panel data set of Norwegian plants. A simple correlation analysis confirms the positive association between our measures of environmental and economic performance. The result prevails when we control for firm characteristics like e.g. size or sub-industry in a pooled regression. However, the result could still be biased by omitted unobserved variables like management or technology. When we control for unobserved plant specific characteristics in a panel regression, the effect is no longer statistically significant. Hence, greener plants perform economically better, but the analysis provides no support for the claim that it is because they are greener. These empirical findings further indicate that a conclusion that it pays to be green is premature.Keywords: Economic performance; environmental performance; environmental regulations, pays to be green JEL classification: Q25, Q28, K23 Acknowledgement: We are indebted to Bente Halvorsen for valuable discussions and suggestions in the initial part of the project and grateful to Knut Einar Rosendahl and Terje Skjerpen for helpful comments. Financial support from the Norwegian Ministry of the Environment is gratefully acknowledged.

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A Method for Improved Capital Measurement by Combining Accounts and Firm Investment Data

Cited by 15 publications

References 11 publications

Linguistic diversity and workplace productivity

Linguistic diversity and workplace productivity

Foreign firms and host-country productivity: does the mode of entry matter?

“It Pays to be Green” – A Premature Conclusion?

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