Showing 1 - 10 of 217
We analyse productivity growth in UK manufacturing 1980-92 using the newly available ARD panel of establishments drawn … establishments enter and increase market share). We find that (a) 'external restructuring' accounts for 50% of labour productivity …
Persistent link: https://www.econbiz.de/10005666830
The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components … two components of productivity growth. We do so by analyzing the effects of an acquisition of a domestic establishment by … rate of technology transfer from the MNE parent companies, (iii) the productivity growth effects are not confined to the …
Persistent link: https://www.econbiz.de/10005123535
: comparison with Japan, comparison with the New Economic Policy (NEP), and assuming alternative post-1940 growth scenarios. …
Persistent link: https://www.econbiz.de/10011083670
This paper argues that economic structure is a robust determinant of the OECD business cycle. Countries that share similar manufacturing sectors are shown to display more synchronized business cycles. Interestingly, the well-established rule of trade impacting on rich countries' business cycles...
Persistent link: https://www.econbiz.de/10005788977
help explain current differences in total factor productivity and income per capita across countries. …
Persistent link: https://www.econbiz.de/10009275967
This paper surveys the extensive literature on European economic growth since 1950. It presents an overview of comparative growth performance together with benchmarked growth accounting estimates. The growth experience is considered in terms of three periods, the Golden Age of 1950-73, the...
Persistent link: https://www.econbiz.de/10005124329
Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or local in a large class of models. This Paper estimates the amount of spillovers from R&D expenditures in major industrialized countries on a geographic basis. A new data set is...
Persistent link: https://www.econbiz.de/10005124371
European Union Spain has experienced a dramatic productivity slowdown. …
Persistent link: https://www.econbiz.de/10005124439
The capital-output ratio is more than 40% lower in the poor countries than in the richest ones. Comparing TFP in manufacturing and in the economy at large, we show that the Balassa-Samuelson effect explains the bulk of this scarcity: TFP in manufacturing is indeed about 40% lower than TFP in the...
Persistent link: https://www.econbiz.de/10005136555
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