Showing 1 - 10 of 223
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010757725
demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …
Persistent link: https://www.econbiz.de/10005406417
Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to … EPPs across sectors, and hence across countries, can be explained by the variation in productivity dispersion, trade costs …
Persistent link: https://www.econbiz.de/10010741313
This paper assesses sources of productivity spillovers in China’s electric and electronic manufacturing industry using … important reliance on technology. In particular, the paper focuses on the role of other firms’ productivity as well as … productivity shifters in affecting own firm-level total factor productivity. In addition, this paper examines the possible …
Persistent link: https://www.econbiz.de/10010877809
This paper assesses the role of intra-sectoral spillovers in total factor productivity across Chinese producers in the … as a function of skilled and unskilled labor, capital, materials, and total factor productivity, which is broadly defined …, the extent of accumulated intangible assets, and unobservable total factor productivity. Despite the richness of our data …
Persistent link: https://www.econbiz.de/10011097946
We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and...
Persistent link: https://www.econbiz.de/10008572478
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10009320785
Utilizing panel data for 19 OECD countries we find suppor t for the hypothesis that a greater degree of product variety relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 6-digit OECD export...
Persistent link: https://www.econbiz.de/10005416492
manufacturing firms matched with custom transactions for the years 2000-2006, we measure sizable differences in productivity and …
Persistent link: https://www.econbiz.de/10010877954
from the 2002 wave of the Business Environment and Enterprise Performance Survey collected by the World Bank for China. The … in China increases by 1.76% while real income in the rest of the world falls by 0.59%. …
Persistent link: https://www.econbiz.de/10010877965