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This work attempts to shed light on the “information technology productivity paradox”. Employing a large data set of … Italian manufacturing firms we compute ICT marginal productivity across different cluster of firms and the impact of …/introduction behaviour and firm’s technological investment aptitude have any role in explaining ICT productivity. We find that low capital …
Persistent link: https://www.econbiz.de/10005076878
The Malmquist productivity index has many attractive features. One is that it decomposes into a technical efficiency … bias index makes no contribution to productivity change. …
Persistent link: https://www.econbiz.de/10005077048
El objetivo de este trabajo es ofrecer una revisión de las principales regularidades que, desde una óptica microeconómica, se han observado en los trabajos que analizan la evolución de la productividad y los determinantes de su crecimiento en la economía española durante las últimas...
Persistent link: https://www.econbiz.de/10005134478
productivity growth in semi- industrialized economies. These effects are hypothesized to operate through the negative impact of … firms to raise productivity in defense of profits, contributing to a low wage–low productivity trap. This paper presents … causal link between increased firm mobility and lower wages, as well as slower productivity growth over the period 1970–2000. …
Persistent link: https://www.econbiz.de/10005062582
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 … its own stagnating productivity growth. Moreover, the industry has not yet exhausted opportunities for tackling existing X …
Persistent link: https://www.econbiz.de/10005412877
been introduced. The model includes assumptions about the productivity gains of GM crops, possible consumer responses and …
Persistent link: https://www.econbiz.de/10005407855
The paper offers a new explanation for the cause of the Great Inflation by constructing a model that explicitly separates the roles of government and monetary policymakers. A mechanism that inflation can accelerate even if an inflation target is low is uncovered. The model solves the puzzle of...
Persistent link: https://www.econbiz.de/10005124998
In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects...
Persistent link: https://www.econbiz.de/10005124917
This paper asks two questions. First, can we detect empirically whether the shocks recovered from the estimates of a structural VAR are fundamental? Second, can the problem of non-fundamentalness be solved by considering additional information? The answer to the firrst question is 'yes' and that...
Persistent link: https://www.econbiz.de/10005126133
This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382