Showing 1 - 10 of 21
This paper examines the relationship between firm multifactor productivity growth (mfp) and changing skill levels of …
Persistent link: https://www.econbiz.de/10011401776
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
of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10010267501
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
labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves ….e. unexpected changes in the drift and standard deviation of the stochastic process describing the dynamics of productivity, depends … workers with idiosyncratic productivity below some threshold value. A more volatile environment, and a lower rate of …
Persistent link: https://www.econbiz.de/10010268688
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
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level (Rawski and Perkins, 2008; Bosworth and Collins, 2008) suggest an...
Persistent link: https://www.econbiz.de/10010269571