scholarly journals Opting Out, Collective Contracts and Labour Flexibility: Firm‐Level Evidence for The Italian Case

2019 ◽  
Vol 58 (3) ◽  
pp. 558-586 ◽  
Author(s):  
Mirella Damiani ◽  
Fabrizio Pompei ◽  
Andrea Ricci
Keyword(s):  
Firm Level ◽  
Opting Out ◽  
Italian Case ◽  
Labour Flexibility

scholarly journals Maximizing the Benefits of Internationalization: The Moderating Role of Labour Flexibility

2016 ◽  
Vol 71 (2) ◽  
pp. 350-372 ◽  
Author(s):  
Heung-Jun Jung ◽  
Sung-Chul Noh ◽  
Sun-Wook Chung
Keyword(s):  
Financial Performance ◽  
Large Scale ◽  
Negative Impact ◽  
Emerging Market ◽  
International Diversification ◽  
Business Environment ◽  
Firm Level ◽  
The Impact ◽  
Labour Flexibility

SummaryUsing the large-scaleKorean Workplace Panel Survey, this study examines the interplay between international diversification, labour flexibility, and workplace-level performance in the context of advanced emerging markets. Filling the gap in the literature on the international diversification-performance (IDP) relationship, which focuses primarily on firm-level characteristics and overlooks the role of labour factors as contingent variables, we draw attention to the workplace level dynamics by exploring how the two types of labour flexibility—functional and numerical flexibility—moderate the impact of international diversification on performance. The results show that when workplaces invest in training for job enlargement and employee involvement programs that lead to the enhancement of functional flexibility, the link between international diversification and performance can be strengthened.This finding supports the assertion in the international HRM literature that, in the ever-globalized business environment, investment in human capital is a better strategy for improving financial performance in the long run. Furthermore, we find that numerical flexibility, as measured by in-house subcontracting arrangements, has a negative impact on the IDP relationship. Overall, our study suggests that the quality of human resources and a well-designed workplace configuration may still help improve performance in the context of international diversification, whereas excessive dependence on employment externalization for cost reduction is likely to hurt not only financial performance but also long-term sustainability. We also believe that our findings on the advanced emerging market economy complement insights from previous studies, which are largely based on Western developed economies, thus enriching current theories on labour flexibility.

Marshallian Cross: An Alternative Justification and Related Issues

2013 ◽  
pp. 108-120 ◽  
Author(s):  
L. Grebnev
Keyword(s):  
Alternative Treatment ◽  
Supply And Demand ◽  
Firm Level ◽  
Economics Courses ◽  
Introductory Economics

The paper provides a justification of the laws of supply and demand using the concept of a marginal firm (technology) for the case of perfect competition.The ideological factor of excessive attention to the analysis of marginal parameters at the firm level in the introductory economics courses is discussed. The author connects these issues to the ideas of J. B. Clark and gives an alternative treatment of exploitation.

International Productivity Comparisons Built from the Firm Level

CFA Digest ◽  
2002 ◽  
Vol 32 (1) ◽  
pp. 38-40
Author(s):  
Keith H. Black
Keyword(s):  
Firm Level

The End of Multi-Fibre Arrangement and Firm Performance in the Textile Industry: New Evidence

2013 ◽  
Vol 52 (2) ◽  
pp. 97-126 ◽  
Author(s):  
Zara Liaqat
Keyword(s):  
Textile Industry ◽  
Manufacturing Industry ◽  
Firm Heterogeneity ◽  
Production Functions ◽  
Firm Level ◽  
Quality Ladders ◽  
Sectoral Differences ◽  
The Mean ◽  
New Evidence ◽  
Empirical Methodology

Using a sample of 321 textile and clothing companies for the years 1992 to 2010, this paper analyses the effect of quota phase-outs on firm-level efficiency in Pakistan following the end of the Multi-Fibre Arrangement (MFA). It highlights sectoral heterogeneity within the manufacturing industry as a result of MFA expiration. The empirical methodology uses the structural techniques proposed by Olley and Pakes (1996), and Levinsohn and Petrin (2003) in order to take care of endogeneity in the estimation of production functions. The results differ for the two industries: MFA expiration lead to an increase in the average productivity of textile producing firms but a significant reduction in the mean productivity of clothing producers. We offer a number of explanations for this outcome, such as a change in the input and product mix, entry by non-exporters in the clothing sector, and sectoral differences in quality ladders. A number of crucial policy lessons can be drawn from the findings of this study. JEL Classification:F13; F14; D24; C14; O19 Keywords: Multi-Fibre Arrangement, Trade Liberalisation, Productivity, Firm Heterogeneity, Simultaneity and Production Functions, Endogeneity of Protection

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