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services rather than trends in industry. Britain’s productivity lead in services before World War II reflected external …Germany overtook Britain in comparative productivity levels for the whole economy primarily as a result of trends in … economies of scale in a highly urbanised economy with an international orientation. Low productivity in Germany reflected the …
Persistent link: https://www.econbiz.de/10005788930
This Paper first documents the comparative productivity performance of the United States and Britain since 1870 …, showing the importance of developments in services. We identify the transition in market services from customized, low … provided, focusing on the transition from networks to hierarchies. Four general lessons are drawn: (1) developments in services …
Persistent link: https://www.econbiz.de/10005124451
paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000, using … significant positive effect on productivity in the US, accounting for around 11% of productivity growth during this period …. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller accounting for approximately …
Persistent link: https://www.econbiz.de/10005124479
. Productivity spillovers benefiting local firms are also differentiated by degree of foreign ownership, with minority holdings …This Paper analyses the production efficiency gains in terms of technology transfer and labour productivity changes … firms operating in Greece in 1997. Departures from normality of labour productivity and its logarithm led to the adoption of …
Persistent link: https://www.econbiz.de/10005791197
Foreign-owned firms are often hypothesized to generate productivityspillovers” to the host country, but both …-ante identical workers learn from their employers in proportion to the firm’s productivity. Foreign-owned firms have, on average …, higher productivity in equilibrium due to entry costs, which means that low-productivity foreign firms cannot enter. Foreign …
Persistent link: https://www.econbiz.de/10005792490
we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover … spillovers from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on …
Persistent link: https://www.econbiz.de/10008468645
We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A … country can raise its total factor productivity by investing in R&D. Countries can also boost their productivity by trading … of MULTIMOD that incorporates R&D spillovers among industrial countries and from industrial countries to developing …
Persistent link: https://www.econbiz.de/10005123493
An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … towards the global frontier country, perhaps due to learning and knowledge spillovers. More recently, studies within countries … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …
Persistent link: https://www.econbiz.de/10005123710
The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern … characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that … they impact the degree of R&D spillovers. …
Persistent link: https://www.econbiz.de/10005124193
Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage … explicit model of spillovers through labor flows in a framework with search frictions. Firms can choose to innovate or to …
Persistent link: https://www.econbiz.de/10011171780