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Persistent link: https://www.econbiz.de/10010356866
The growth of business firms is an example of a system of complex interacting units that resembles complex interacting systems in nature such as earthquakes. Remarkably, work in econophysics has provided evidence that the statistical properties of the growth of business firms follow the same...
Persistent link: https://www.econbiz.de/10012893849
their ability to reduce costs, enabling research and development, increased productivity among other advantages. This paper …
Persistent link: https://www.econbiz.de/10012979647
role of input entry and exit in driving economic growth. … account for a large portion of the trend component of growth in aggregate productivity. Our findings highlight the crucial …
Persistent link: https://www.econbiz.de/10014416196
The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The...
Persistent link: https://www.econbiz.de/10010233106
This article explores the dynamics of market selection by investigating of the relationships linking productivity … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10010500809
and the Generalized Method of Moments estimators to test, respectively, for Total Factor Productivity determinants and … labor productivity convergence driving forces (i.e.capital accumulation and technological catch-up) in different … cross-country heterogeneity of labor productivity convergence tendencies. My results show that technology growth rate is …
Persistent link: https://www.econbiz.de/10010343896
factor productivity (TFP). Using detailed firm-level production data from nearly two million observations in the Chinese …
Persistent link: https://www.econbiz.de/10013016478
This article explores the dynamics of market selection by investigating of the relationships linking productivity … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10013022882
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10012622533