Showing 1 - 10 of 72,735
Persistent link: https://www.econbiz.de/10014311049
This paper computes sectoral contributions to real labour productivity growth in Malta during the two decades since … 2000. The aim is to give an account of the sectoral developments affecting Malta's productivity growth in the twenty years … technique developed by Tang and Wang (2004), which allows for the decomposition of sectoral productivity growth into efficiency …
Persistent link: https://www.econbiz.de/10012601037
the so-called "Growth Disease", i.e., the tendency of aggregate productivity growth to slow down in the process of … service sector may raise rather than lower aggregate productivity growth if the service industries produce intermediate rather … raised or lowered aggregate productivity growth in the G7 countries. …
Persistent link: https://www.econbiz.de/10011776981
Persistent link: https://www.econbiz.de/10013349002
This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …
Persistent link: https://www.econbiz.de/10012625868
This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …
Persistent link: https://www.econbiz.de/10012485717
This paper examines the connections of structural change and economic openness to labour productivity growth using a …-country productivity growth is estimated using the least squares with dummy variables approach. The results suggest that growth of labour … productivity is negatively related to initial levels of labour productivity. Labour productivity growth is also positively related …
Persistent link: https://www.econbiz.de/10012161276
Persistent link: https://www.econbiz.de/10001599423
sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data …, we document the size of the negative effect that structural change has exerted onto productivity growth over long time … structural change may have on future productivity growth. This model generates structural change through both price and income …
Persistent link: https://www.econbiz.de/10012670165
explain most of the well-known differences in aggregate growth rates of labour productivity and employment across these … productivity and capital, the paper analyses service sector growth in detail. It argues that a careful consideration of the forces … of long-run growth may help to better explain differences in employment and productivity growth, in particular if …
Persistent link: https://www.econbiz.de/10013320295