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industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity …. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence …. The business services industry has an important role in the national innovation system and in knowledge spillovers to …
Persistent link: https://www.econbiz.de/10005412877
This paper studies the effects of distortionary taxes and public investment in an endogenous growth OLG model with knowledge transmission. Fiscal policy affects growth in two respects: First, work time reacts to variations of prospective tax rates and modifies knowledge formation; second, public...
Persistent link: https://www.econbiz.de/10005561213
analyses of public capital productivity have generally been limited to the official capital stock estimates available in a …
Persistent link: https://www.econbiz.de/10005556919
productivity increases (growth) in general. P. Romer provides a more specific reply: technological change or the growth of new … of human mind. In other words, knowledge on production, i.e., technology or productive knowledge provides the premises … and gives occasion to a dynamic and uninterrupted growth process, but technology itself is the product of mental labor …
Persistent link: https://www.econbiz.de/10005556709
The relations between the riches of nations and the riches of Productive Knowledge (Technology) gains increasing … Classical growth theory falls short of expectations. Capitalism’s inherent feature is “destructive creation”, said Marx. Decades …. Toffler, Baumol-McLennan and many others it is the productivity increases (growth) in general. P. Romer provides a more …
Persistent link: https://www.econbiz.de/10005125665
employment in the industrial sector, but this decline is more than counterbalanced by the rise of productivity, so that the …
Persistent link: https://www.econbiz.de/10005407637
infers that, all nations, irrespective their level of development, should evaluate Productivity/Management Decisions with …). Domestic investments should be from Domestic Savings. Domestic Technology should be manned by Domestic Manpower. These could …
Persistent link: https://www.econbiz.de/10005408439
practical solutions. Algebraic Model with a broad based Redefined Productivity Model and Management Decision integrated with … Intangible aspects and tuned to it. A Geometric model linking the Domestic Savings with investments and Domestic Technology with …
Persistent link: https://www.econbiz.de/10005119190
There is a wide consensus that New Zealand’s productivity has been poor despite the comprehensive market …-oriented reforms of the 1980’s. This consensus is based on estimates of New Zealand’s productivity growth measured either in terms of … GDP per capita or total factor productivity (TFP). TFP is typically computed using growth accounting (i.e., calibrating a …
Persistent link: https://www.econbiz.de/10005556741
Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and future consumption and the choices between the allocation of scientific resources should be combined with a space analysis regarding the dissemination of economic activity through...
Persistent link: https://www.econbiz.de/10005124884