Buy custom Does restructuring increase a firm's value-added/labor productivity
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| Topic: |
Psychology
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| Number of pages / Number of words: |
9 / 2434 |
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However, in restructuring, if the firm's competitiveness has been increased, bankruptcy avoided, and large lay-offs have been prevented, then the final conclusion will be very different. Conversely, if no impacts are felt immediately following restructuring, once a certain amount of time has passed and those effects have filtered through, then it is quite possible there will be adverse effects on employment...
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Accurate investigation of the long-term effects absolutely requires panel data derived from follow-up surveys on the same firm throughout a number of years. The quantitative analysis conducted in this paper uses corporate panel data that RIETI has developed based on the "Basic Survey of Japanese Business Structure and Activities" conducted hitherto by the Ministry of Economy, Trade and Industry (METI) (see note 1)...
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General points of the essay
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