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. Thereafter we broaden the notion of work-time used in productivity measures to include other necessary work-related activity …, namely commuting. This leads to us to construct a new indicator which we call social productivity. Our conclusion is that our … decomposition and notion of social productivity are both relevant in comparisons of regional well-being; in addition such methods …
Persistent link: https://www.econbiz.de/10009474891
Cointegration techniques are applied to a model of induced innovation based on the two-stage Constant Elasticity of Substitution (CES) production function. This approach results in direct tests of the inducement hypothesis, which are applied to agricultural data for the United Kingdom from 1953...
Persistent link: https://www.econbiz.de/10009480501
It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can … be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable … growth in total factor productivity. …
Persistent link: https://www.econbiz.de/10009481416