Browsing by Subject "Product quality"

Now showing 1 - 4 of 4
  • Thumbnail Image
    Publication
    Open Access
    Is there a Producer Quality Wage Premium similar to the Exporter Wage Premium
    (2012-09-18) Hernández, Pedro Jesús; Fundamentos del Análisis Económico
    Exporter wage premium has been widely studied in the literature on international trade. The aim of this paper is analyze whether there is also a producer quality wage premium at firm level, and if so, analyze whether its origin is similar to the exporter wage premium. In other words, I test whether firms that increase their product quality become more productive and pay higher wages (as with the learning by exporting hypothesis, we can speak of learning by producing quality), or, in contrast, more-productive firms with higher wages opt to increase product quality because their higher productivity means these kinds of decisions and investments can be taken with more guarantees (self-selection hypothesis).
  • Thumbnail Image
    Publication
    Open Access
    Is there a quality-upgrading wage premium?
    (Emerald Publishing : Asociación Libre de Economía (ALdE), 2016) Hernández Martínez, Pedro Jesús; Fundamentos del Análisis Económico
    This paper analyses the existence of a quality-upgrading wage premium at the firm level and its connection with the exporting wage premium. Producing a higher quality product increases the likelihood of exporting and can activate a learning-by-exporting mechanism. In turn, higher quality products require employing more-skilled labour, thereby leading to higher wages. Using a methodology similar to that proposed by Schank et al. (2010), I test whether firms that increase their product quality pay higher wages (the learning- by-quality-upgrading hypothesis) or, conversely, if firms with higher productivity, as proxied by their higher wages, are more likely to increase the quality of their output (self-selection hypothesis).
  • Thumbnail Image
    Publication
    Open Access
    The influence of formal and informal control on market and financial results
    (2021-12-08) Espinosa Sáez, Daniel; Ortiz-Rendón, Paola Andrea; Munuera-Alemán, José Luís; Comercialización e Investigación de Mercados
    Purpose � This paper aims to examine the relationship between control mechanisms and marketing performance based on a sample of marketing managers. To that end, this paper focuses on the relationship between the types of controls used inmarketing and the market and business results. Methodology � This study collected the data through a survey among marketing professionals with experience and decision-making capacity involving marketing budgets and plans, in practical terms a sample of 97 marketing managers and analyzed the data via a structural equation model using Smart PLS 3. Findings � The findings confirm that marketing control mechanisms have a significant impact on business results, demonstrating the relationship of formal controls with market results and the relationship between informal controls with financial results. Likewise, the authors were able to prove that there is a relationship between formal and informal control. Practical implications � The implementation of the control mechanisms should be based on the development of a detailed evaluation system of the activities carried out by the marketing employees and an analysis of their capabilities and abilities. In addition, managers should integrate formal control decisions into their marketing strategy to improve organizational results. Originality � The results of this study help explain the relationship between marketing control mechanisms and organizational results and allow to understand what the level of influence is that marketing control mechanisms have on market and financial results.
  • Thumbnail Image
    Publication
    Open Access
    Time, Quality and Growth
    (2009-07-06T11:45:32Z) Alcalá, Francisco; Fundamentos del Análisis Económico
    Consumption requires time. Also, higher-quality goods provide more utility per unit of time, though at a higher monetary cost. Since time is limited, higher income is decreasingly spent augmenting the quantity of consumption and increasingly spent upgrading its quality. After analyzing these consumer quantity/quality choices, the paper investigates its implications for growth. As a country develops, quality growth becomes increasingly important as a component of GDP growth. Furthermore, technical progress is increasingly quality-biased. Lower income inequality as well as progressive consumption taxes raise the scale of output while reducing average quality. This is positive for growth at early stages of development but may be negative at later stages. Results are broadly consistent with evidence on the composition of GDP growth, trade patterns of vertical specialization across countries, and the non-linearity of the impact of inequality on growth.