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A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...
Persistent link: https://www.econbiz.de/10012460654
Are some management practices akin to a technology that can explain firm and national productivity, or do they simply …-weighted average management score. We present a formal model of "Management as a Technology", and structurally estimate it using panel …
Persistent link: https://www.econbiz.de/10012456349
We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize … characteristics of economies. Per capita incomes differ around the world in no small part because of sharp differences across regions …, technology, and geography, and that none of these alone is sufficient to account for the diverse patterns of global growth. We …
Persistent link: https://www.econbiz.de/10012459151
What obstacles prevent the most productive technologies from spreading to less developed economies from the world … distances between populations, and document how such distances, relative to the world's technological frontier, act as barriers …
Persistent link: https://www.econbiz.de/10012459301
Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it … skill-biased technology. In this paper we develop a tractable quantitative model of international trade in capital goods to …
Persistent link: https://www.econbiz.de/10012461199
In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains … from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research … and development, brands, and organization capital. What distinguishes technology capital from other forms of capital is …
Persistent link: https://www.econbiz.de/10012465131
and technology differences across both goods and production stages. We estimate technology and trade costs via the … value chains (increased export platform production). Surprisingly, however, the elasticity of world trade to trade costs is …
Persistent link: https://www.econbiz.de/10012479967
across the world. We do so by calculating how many years ago these technologies were used in the U.S. at the same intensity … as they are used in the countries in our sample. We denote these time lags as technology usage lags and compare them with … lags in real GDP per capita. We find that (i) technology usage lags are large, often comparable to lags in real GDP per …
Persistent link: https://www.econbiz.de/10012465984
This paper examines cross-country differences in labour policies and practices and employee performance and attitudes toward work from a sample of nearly 30,000 employees in a large multinational manufacturing firm. The analysis shows: 1) large establishment and country differences in work...
Persistent link: https://www.econbiz.de/10012465420
respectively to the Fraser Institute and World Economic Forum reports, the GLS and the labor market components of the economic … countries around the world, covering issues such as freedom of association, the regulation of work contracts, employee benefits …) and competitiveness (World Economic Forum) …
Persistent link: https://www.econbiz.de/10012467079