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aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism. After reforms, they rise dramatically, and productivity contributions greatly exceed those …
Persistent link: https://www.econbiz.de/10005822646
in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union … productivity effect near zero. Their speculation that productivity effects are larger in more competitive environments appears to …
Persistent link: https://www.econbiz.de/10010261606
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …
Persistent link: https://www.econbiz.de/10010261809
MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred …
Persistent link: https://www.econbiz.de/10010262187
How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
Persistent link: https://www.econbiz.de/10010262315
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10010268166
This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a difference …-in-differences framework, which exploits likely differences in the productivity effect of dismissal regulations in different industries. Our …
Persistent link: https://www.econbiz.de/10010268745
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism. After reforms, they rise dramatically, and productivity contributions greatly exceed those …
Persistent link: https://www.econbiz.de/10010268767
develops a theoretical model to analyse the possible effects, and presents an empirical application using productivity data for … productivity growth. As the knowledge transferred through business visits is non-rival, both countries of origin and destination …
Persistent link: https://www.econbiz.de/10010268837
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431