Showing 1 - 8 of 8
and productivity for changes in a country's terms of trade. We apply this procedure to a comparison of two major …
Persistent link: https://www.econbiz.de/10012477228
the productivity growth slowdowns experienced by most industrialized countries during that decade.The contention is that … measured output. Thus conventional productivity measures will be biased downward when such regulations are imposed. In this …" capital and then use this framework to devleop an adjustment to nonparametric measures of productivity growth, purging them of …
Persistent link: https://www.econbiz.de/10012477316
business sector;(ii) productivity growth or technical change; (iii) the effects on domestic real output of changes in the terms …
Persistent link: https://www.econbiz.de/10012477521
Typically measures of multifactor productivity growth have been based on a production and optimization framework that … utilization indexes, and on the adjustment of observed productivity measures for the effects of short run fixity characterized by … capacity utilization adjustments for productivity growth measures. The resulting framework is then used to identify empirically …
Persistent link: https://www.econbiz.de/10012477524
the recent literature on productivity growth. The size of this impact has important implications for policymakers …' decisions to invest in public capital, and productivity analysts' evaluation of productivity growth fluctuations and declines …' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …
Persistent link: https://www.econbiz.de/10012475001
In this paper we report results of an empirical assessment of the cost reducing impacts of recent dramatic increases in stocks of "high-tech" office and information technology equipment (0) using annual data from various two digit US manufacturing industries over the 1952-1986 time period. While...
Persistent link: https://www.econbiz.de/10012475438
utilization and productivity growth within an integrated structural model, and to assess their interactions empirically using … annual two-digit U.S. manufacturing data. Attention is focused on error biases in measuring productivity using traditional … equal, the error biases in standard productivity growth measures resulting from input fixity and scale economies are …
Persistent link: https://www.econbiz.de/10012475678
Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from … productivity growth can be attributed to production characteristics other than technical change, particularly scale economies …
Persistent link: https://www.econbiz.de/10012476055