Learning Outcomes
Globalization and the rapid development of information technology have created new opportunities for companies to organize their production processes (outsourcing, offshoring) and to enter new markets. However, they have also created new challenges for companies to compete internationally. For the success of the companies, it is therefore of great importance to gain and maintain high productivity and innovative capacity.
The students are able to derive a research question in this context and present empirical and methodical work on the subject, in particular with the firm level data. The students are able to use economic theory is used to develop an econometric model and conduct analyzed with the software R. They use the empirical models to test statements about economic relationships. The empirical methods are based on linear regression, nonparametric regression, panel data models and efficiency and productivity measurment.