Author (Person) | Domadenik, Polona, Ivanc, Bojan, Marinšek, Denis |
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Author (Corporate) | European Commission: DG Economic and Financial Affairs |
Publisher | Publications Office of the European Union |
Series Title | European Economy: Discussion Papers |
Series Details | Number 78 |
Publication Date | 28/03/2018 |
ISBN | 978-92-79-77415-7 |
ISSN | 2443-8022 |
Content Type | Research Paper |
Summary: We analyse productivity differences across non-financial Slovenian firms over the period 1994-2015. In particular, we investigate the impact of different factors (including size, ownership, investment activity and industry characteristics) on firms' total factor productivity (TFP), competitiveness and internationalisation. Large corporates appear to have the highest level of TFP, more than 50% above the average, and show stronger TFP growth. Exporting firms also show higher TFP growth than other firms, particularly after the recent crisis. Using a complete database of R&D subsidies over 1998-2015, the paper identifies R&D intensive firms and investigates the impact of R&D investment on productivity and profitability. It is found that subsidies did not significantly increase firm-level productivity, once size, industry and year effects are taken into account. This could be because, during the recession (2009-2015), subsidies were granted to firms in difficulties. |
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Source Link |
https://ec.europa.eu/info/publications/economy-finance/productivity-slovenian-firms_en
Alternative sources
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Subject Categories | Business and Industry |
Keywords | Total Factor Productivity [TFP] |
Countries / Regions | Slovenia |
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