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total factor productivity (TFP) in the Quebec manufacturing sector during the 1985-88 period. Our results show that … productivity growth, while the presence of mandatory prevention programs and of fines for infractions to OSH rules have led to an … increase in productivity growth. Interestingly, this is, to our knowledge, the first result showing that OSH regulation may …
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This paper measures factor productivities (and hence total factor productivity growth) directly on the basis of the …
Persistent link: https://www.econbiz.de/10005101009
The paper addresses the effect of technological progress on the frontiers of the firm, building on transaction cost theory and agency theory. The model incorporates four types of costs: production, coordination, management, and transaction costs. The market has lower production costs, but higher...
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