Narrow search
Showing 1 - 10 of 165
Cover Image
Interpreting the 'One Big Wave' in US Long-Term Productivity Growth
Gordon, Robert J - C.E.P.R. Discussion Papers - 2000
This paper assesses the ‘one big wave’ in multi-factor productivity (MFP) growth for the United States since 1870. The … mysterious doubling in the ratio of output to capital input when the postwar era is compared with 1870-1929. Measurement … the measurement of capital. A new MFP series taking account of all these adjustments grows more slowly throughout, and the …
Persistent link: https://www.econbiz.de/10005124204
Cover Image
Tax Reforms and Intertemporal Shifting of Wage Income: Evidence from Danish Monthly Payroll Records
Kreiner, Claus Thustrup; Leth-Petersen, Søren; Skov, … - C.E.P.R. Discussion Papers - 2013
Intertemporal shifting of wage income takes place when income earned in one tax year is paid out in another tax year in order to save taxes. Shifting has implications for the evaluation of the distortionary and distributional effects of taxes and may cause serious bias in empirical estimates of...
Persistent link: https://www.econbiz.de/10011084044
Cover Image
The Mirage of Convergence: Why Poor Countries May Only Seem to Be Closing the Income Gap
Filer, Randall K; Hajkova, Dana; Hanousek, Jan - C.E.P.R. Discussion Papers - 2004
Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings against using data that has been adjusted to increase...
Persistent link: https://www.econbiz.de/10005656283
Cover Image
On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations
Chen, Natalie; Novy, Dennis - C.E.P.R. Discussion Papers - 2012
In this article, we review the literature on the measurement of trade costs in international trade with a special …
Persistent link: https://www.econbiz.de/10011083427
Cover Image
New Estimates of British Unemployment, 1870-1913
Boyer, George; Hatton, Timothy J. - C.E.P.R. Discussion Papers - 2001
Existing estimates of the annual unemployment rate from 1870 to 1913 were constructed by the Board of Trade, initially in 1888, and updated thereafter. This is still the series which is widely used and cited. It is based on records of the number unemployed in various trade unions and it has a...
Persistent link: https://www.econbiz.de/10005666759
Cover Image
Weather shocks and English wheat yields, 1690-1871
Brunt, Liam - C.E.P.R. Discussion Papers - 2015
reconcile the conflicting primal and dual estimates of productivity growth over the period. …
Persistent link: https://www.econbiz.de/10011249371
Cover Image
Production Networks, Geography and Firm Performance
Bernard, Andrew B.; Moxnes, Andreas; Saito, Yukiko U. - C.E.P.R. Discussion Papers - 2015
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
Cover Image
Spatial frictions
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - C.E.P.R. Discussion Papers - 2011
The world is replete with spatial frictions. Shipping goods across cities entails trade frictions. Commuting within …-size distribution? Do they affect individual city sizes? Do they contribute to the productivity advantage of large cities and the nature …
Persistent link: https://www.econbiz.de/10009322503
Cover Image
Effects of Deregulation and Vertical Unbundling on the Performance of China's Electricity Generation Sector
Gao, Hang; Van Biesebroeck, Johannes - C.E.P.R. Discussion Papers - 2011
productivity in the generation segment of the industry. Controlling explicitly for sources of price-heterogeneity across firms and …
Persistent link: https://www.econbiz.de/10009385757
Cover Image
Sovereigns, Upstream Capital Flows, and Global Imbalances
Alfaro, Laura; Kalemli-Ozcan, Sebnem; Volosovych, Vadym - C.E.P.R. Discussion Papers - 2011
The paper presents new stylized facts on the direction of capital flows. We find (i) international capital flows net of government debt and/or official aid are positively correlated with growth; (ii) sovereign debt flows are negatively correlated with growth only if debt is financed by another...
Persistent link: https://www.econbiz.de/10009364326