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This report presents new estimates of the levels and growth rates of labour, capital and multifactor productivity for … industry levels. Also, estimates of the sources of labour productivity growth (capital intensity, labour quality, and … multifactor productivity) are presented. Furthermore, this report examines the labour productivity gap between the provinces and …
Persistent link: https://www.econbiz.de/10008690318
We introduce two new indexes of labour productivity growth. Both indexes are intended to capture the shift in the short … to the U.S. industry data of the years 1970–2005, we compare newly proposed index of labour productivity growth with the … growth of average labour productivity over periods and across industries. We revisit the hypothesis of Baumol’s disease …
Persistent link: https://www.econbiz.de/10009025266
From a neo-Kaldorian perspective, this paper seeks to establish the concepts of demand and productivity regimes in an … Keynesian multiplier is derived for an open economy, while the productivity regime is built in terms of disaggregated Kaldor … of demand patterns, while being affected by differential rates of productivity growth in different sectors of the economy …
Persistent link: https://www.econbiz.de/10011109338
approach, we assert that the social compromise between capital and labour is founded on the redistribution of the productivity … productivity growth. We think that describing the dynamics of productivity means understanding the main features of the …, increasing productivity - via knowledge and network externalities - output and employment). As a result, we first point out the …
Persistent link: https://www.econbiz.de/10008784955
, the sector also contributed in an indirect way to economic growth by generating knowledge and productivity spill-overs for … characterised by a relatively weak productivity growth. Does this contribute to growth stagnation tendencies à la the so …-called “Baumol disease”? The paper argues that there is no reason to expect this as long as the productivity and growth spill …
Persistent link: https://www.econbiz.de/10005790451
We examine the relationship between growth in labor productivity and poverty reduction through the lens of changes in … productivity sector is an important channel through which increases in aggregate productivity translate into poverty reduction. We … also find that the importance of this channel of productivity growth, termed structural change by recent literature, varies …
Persistent link: https://www.econbiz.de/10011111942
concerned with productivity and competitiveness issues. Not surprisingly, formal education is the preferred and most … causal impact on productivity, as well as a more nuanced approach to policy in this area. In this chapter, Arthur Sweetman … the impact of education on earnings at the individual level and on productivity at the macroeconomic level, and on issues …
Persistent link: https://www.econbiz.de/10005481812
the crucial, but often ignored, role of productivity in the maintenance of natural capital sustainability. Olewiler …
Persistent link: https://www.econbiz.de/10005481813
In this chapter, Tony Fisher and Doug Hostland provide an historical perspective on trends in labour productivity …
Persistent link: https://www.econbiz.de/10005481819
In this chapter, Graves and Jenkins explore the attitudes of Canadians to productivity. The distinction between our … Graves and Jenkins data is relatively aware of the terms of the productivity debate. Canadians appear to have a broadly … optimistic view of the economy, but give the country only a lukewarm overall rating of its productivity. Moreover, although …
Persistent link: https://www.econbiz.de/10005481820