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theoretical underpinnings for most debates on the origins of the particular economic growth and productivity gains that have taken … the evolution of two different forms of productivity (the productivity of labour and total factor productivity … be used to analyse the ongoing economic growth in the U.S. Until now, macroeconomic growth models have provided the …
Persistent link: https://www.econbiz.de/10008793473
This paper studies the effect of changes in the employment rate on labour productivity per hour, taking an empirical …
Persistent link: https://www.econbiz.de/10008794107
The paper focuses on the influence of upstream competition for productivity outcomes in downstream sectors. This …. Thus, lack of competition in upstream markets curbs incentives to improve productivity downstream, negatively affecting … productivity outcomes. We test this prediction by estimating an error correction model that differentiates the potential downstream …
Persistent link: https://www.econbiz.de/10008794277
"capital accumulation channel" and the "total factor productivity (TFP) growth channel". This paper carries out the first …-induced" productivity improvement significantly enhance growth? And finally, what is the magnitude of the TFP growth channel compared to the … productivity. Most interestingly, our estimates suggest that this channel conveys the most important part of the growth …
Persistent link: https://www.econbiz.de/10010899605
growth. This paper analyses the innovation-productivity relationship at the industry-level for a sample of OECD manufacturing … sectors of the economy on the innovative process of manufacturing and its consequences on productivity. We test for a …
Persistent link: https://www.econbiz.de/10011025709
growth over the period 1981-2005. The econometric relationships derived in this paper suggest that future reductions in CO2 …
Persistent link: https://www.econbiz.de/10010933128
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no "one way" recommendation about energy-growth relationship that …
Persistent link: https://www.econbiz.de/10010933129
We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution … and growth are endogenous. The authorities may provide two types of public services, public health and environmental … maintenance, that participate to increase agents' life expectancy and to sustain growth in the long term. We show that global …
Persistent link: https://www.econbiz.de/10010933813
uncertainty on capital inflows in such an economy generates long-term (expected) growth while the deterministic counterpart does … not. In this framework, long-term growth is entirely driven by precautionary savings. In particular, we show that the … asymptotic growth rate of the expected capital stock is an increasing function of both the risk parameter and the Arrow …
Persistent link: https://www.econbiz.de/10010933848
growing economy, that is when population growth is optimal in the long-run, this egalitarian rule can only hold when (i) the …
Persistent link: https://www.econbiz.de/10010933933