Showing 1 - 10 of 68
What are the sources of productivity growth? Economic theory offers a panoply of explanations, considering the effects … on productivity of organisational factors, research and development activity and factor accumulation, amongst other … evaluates the empirical literature on productivity performance using the productivity framework conceived by HM Treasury …
Persistent link: https://www.econbiz.de/10005047920
joint ventures in general and I have large effects on productivity especially when combined with a technology transfer … component.  We estimate that without International joint ventures China's growth would have been about one percentage point …
Persistent link: https://www.econbiz.de/10009650769
This paper uses the adoption and invention of the spinning jenny as a test case to understand why the industrial revolution occurred in Britain in the eighteenth century rather than in France or India.  It is shown that wages were much higher relative to capital prices in Britain than in other...
Persistent link: https://www.econbiz.de/10005047777
Demand for less skilled workers decreased dramatically in the US and in other developed countries over the past two decades. We argue that pervasive skill biased technological change rather than increased trade with the developing world is the principal culprit. The pervasiveness of this...
Persistent link: https://www.econbiz.de/10005661253
Much of the dramatic change in skill and wage structure observed in recent years in the United States is believed to stem from the impact of new technology. This paper compares the changing skill strcuture of wage bills and employment in the United States with six other advanced developed...
Persistent link: https://www.econbiz.de/10005625855
weak. The limited direct evidence of human capital on firm productivity suggests that human capital is indeed productive … role of size and human capital as determinants of either earnings or productivity has been the role of unobserved factors …. In this paper we investigate the roles of size and human capital in determining both earnings and productivity using a …
Persistent link: https://www.econbiz.de/10011152493
Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …
Persistent link: https://www.econbiz.de/10011152494
not due to a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity …
Persistent link: https://www.econbiz.de/10011152503
a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity …
Persistent link: https://www.econbiz.de/10011152506
openness has a highly significant and large effect on the underlying rate of growth of productivity, while human capital does …
Persistent link: https://www.econbiz.de/10011152508