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productivity change is of 11.66%. The overall averages provide evidence of productivity improvements of 173.29 over 1980-81(base ….20 while the contribution of capital deepening is 42.52% TO ACCOUNT for 173.20% overall PRODUCTIVITY CHANGE(not point to point … below for the growth accounting exercise which can totally account for point to point and overall productivity changes from …
Persistent link: https://www.econbiz.de/10005125622
1966-2000. We also decompose labor productivity growth into components attributable to technological changes (shifts in the … the European countries it is the technical changes which has contributed to labour productivity changes between 1966 … primarily responsible for the existence of bimodal labour productivity distribution for countries included in our sample …
Persistent link: https://www.econbiz.de/10005408241
This paper explores the automation of the supply of financial services on the British High Street. Its aim is to provide an historical perspective to highlight the longevity of organisational change in the financial sector and to emphasise its remarkable continuity: UK clearing banks and...
Persistent link: https://www.econbiz.de/10005408384
This paper explores the consequences of skill biased technological progress on the savings rates. The literature, both theoretical and empirical, on the causes and consequences of skill biased technological progress in the past few years has burgeoned considerably. So has the literature on...
Persistent link: https://www.econbiz.de/10005412682
We perform a dynamic general equilibrium analysis of the observed increase in the weight of the average American adult over the 1960-2005 period. Existing evidence suggests that this fifteen pound increase in weight can be attributed to the dramatic raise in the consumption of foods prepared...
Persistent link: https://www.econbiz.de/10005412810
This study provides an empirical analysis of the extent to which ongoing technological change has offset the effect of ongoing depletion on the cost of finding additional reserves of natural gas. In the process, we develop a new index of technological change for exploration and development (E&D)...
Persistent link: https://www.econbiz.de/10005413271
This is a monograph that presents both a comprehensive literature review and original research results on the diffusion and the implications of e-business technologies. The diffusion of e-business technologies among firms is regarded as part of the ongoing process of technological change and...
Persistent link: https://www.econbiz.de/10005555995
productivity increases (growth) in general. P. Romer provides a more specific reply: technological change or the growth of new …
Persistent link: https://www.econbiz.de/10005556709
1966-2000. We also decompose labor productivity growth into components attributable to technological changes (shifts in the … the European countries it is the technical changes which has contributed more to labour productivity changes between 1966 … be responsible for productivity accounting on point to point basis. For all the seven periods(point to point basis) we …
Persistent link: https://www.econbiz.de/10005556715
From the model of Hobijn and Jovanovic (2001), we modelize a technological shock with uncertainty. We assume that this technological shock appears in the shape of new firms. Only a part of these firms will be productive. Uncertainty relates to the identification of the viable firms. This...
Persistent link: https://www.econbiz.de/10005561579