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This study is to our knowledge the first attempt to infer the consequences on productivity entailed by anticompetitive regulations in product and labor markets through their impacts on production prices and wages. Results are encouraging showing that changes in production prices and wages at...
Persistent link: https://www.econbiz.de/10010939335
Two different approaches are used in this article to study productivity per employee: the determinants of its growth … shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent …
Persistent link: https://www.econbiz.de/10005056501
studies of this kind, but they are too often focused on presenting average productivity growth rates for given periods chosen … the United States, per capita productivity growth accelerated following the trend break at the start of the 1920s, then … describe the trends in US productivity growth throughout the 20 th century. – French and UK productivity started catching up …
Persistent link: https://www.econbiz.de/10005056503
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro area countries and reviews some problems with the measures recently proposed in the literature. Theoretical considerations suggest a long-run Engle and Granger cointegrating...
Persistent link: https://www.econbiz.de/10005092592
delay with the US, from the possible ICT productivity growth second wave. …
Persistent link: https://www.econbiz.de/10010753777
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 growth. The contribution of the interaction between product market …
Persistent link: https://www.econbiz.de/10004979467
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in …
Persistent link: https://www.econbiz.de/10010815995
effects. We find clear evidence that anticompetitive regulations in upstream sectors have curbed MFP growth downstream over … increase MFP growth by between 1 and 1.5 per cent per year in the OECD countries covered by our sample. Our results are robust …
Persistent link: https://www.econbiz.de/10008527524
This study presents a GDP per capita level and growth comparison across 17 main advanced countries and over the 1890 …-2013 long period. It proposes also a comparison of the level and growth of the main components of GDP per capita through an … study are the following: i) All countries experienced at least one big wave of GDP per capita growth during the 20th Century …
Persistent link: https://www.econbiz.de/10011269009
In order to examine innovation diffusion and convergence processes, we study productivity trends, trend breaks and levels for 13 advanced countries over 1890-2012. We highlight two productivity waves, a big one following the second industrial revolution and a small one following the ICT...
Persistent link: https://www.econbiz.de/10010815951