Showing 1 - 10 of 449
The Paper considers the accuracy of traditional TFP growth estimates using an econometric methodology which takes account of scale economies, fixed factors of production and adjustment costs to reveal underlying ‘pure technological change’. The results suggest that these biases vary...
Persistent link: https://www.econbiz.de/10005067403
transition process in Slovenian manufacturing has been one of just destruction or in contrast one of creative destruction. To … this end we start by documenting gross job flows for the Slovenian manufacturing sector between 1994 and 2000. In contrast … to slowly reforming transition economies where the transition process in manufacturing is characterized by little job …
Persistent link: https://www.econbiz.de/10005504536
We estimate the effect on economic development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ). We use data from a panel of 276 Chinese cities and prefectures from 1988 to 2010. Our difference-in-difference estimator exploits the variation in the...
Persistent link: https://www.econbiz.de/10011084232
manufacturing. Using a unique industry dataset compiled from EU KLEMS and PATSTAT, it explores which countries and industries reveal … Denmark have the highest R&D efficiency on average in total manufacturing. However, sector-specific efficiency scores reveal …
Persistent link: https://www.econbiz.de/10009321843
We document an empirical relationship between the cross-country adoption of technologies and the degree of long-term historical relatedness between human populations. Historical relatedness is measured using genetic distance, a measure of the time since two populations’ last common ancestors....
Persistent link: https://www.econbiz.de/10009275967
Many technologies used by the LDCs are developed in the OECD economies and are designed to make optimal use of the skills of these richer countries' workforces. Differences in the supply of skills create a mismatch between the requirements of these technologies and the skills of LDC workers, and...
Persistent link: https://www.econbiz.de/10005114308
This paper examines how international flows of technological knowledge affect economic performance across industries and firms in different countries. Motivated by the large share of the world's technology investments made by firms that are active across borders, we focus on international trade...
Persistent link: https://www.econbiz.de/10008577803
service industries (most notably retail trade) and in ICT-producing manufacturing, whilst the EU exhibits a stronger …
Persistent link: https://www.econbiz.de/10004990849
Using synthetic data generated by a prototypical stochastic growth model, we explore the quantitative extent of measurement error of the Solow residual (Solow 1957) as a measure of total factor productivity (TFP) growth when the capital stock is measured with error and when capacity utilization...
Persistent link: https://www.econbiz.de/10008611015
We develop a multi-sector general equilibrium model in which productivity growth is driven by the generation of knowledge. In the model, firms allocate resources towards the production of goods and the production of new knowledge, in response to industry-specific factors of demand and...
Persistent link: https://www.econbiz.de/10005114380