This document proposes a new decomposition of unit labor cost changes (ULC) in terms of efficiency, technical progress … sustained growth rates of labor compensation and poor labor productivity gains lead to large losses in cost competitiveness. The … poor productivity performance is explained by low technical progress and even technical regress. In addition, it is shown …

banking crisis, the post-crisis period should be the time for recovering efficiency. Moreover, traditional banking theory …

This documents aims at bridging productivity measurement and weak sustainability in a specific data envelopment …. Adjustment net saving is seen as a sustainability indicator and then the productivity indicator computed can be understood as a … sustainability productivity index. …

that core infrastructure and Information & Communication Technology (ICT) matter for Total Factor Productivity (TFP) and … Technical Efficiency (TE).In the analysis, we use a range of advanced estimation techniques to overcome problems of non …

increase of the Total Factor Productivity of the consumption sector. Physical and technological capital are not substitutable … technologies begin to have an impact on the productivity of the consumption sector. However, we show that once a certain level of …

where output of the whole economy is described by a Cobb-Douglas function and Total Factor Productivity (TFP) is estimated …

order to estimate total factor productivity and compute several measures of spillover effect based on time varying Input …

China's productivity growth, mainly through its favourable effect on efficiency. …Financial development may lead to productivity improvement in developing countries. In this paper, based on the Data … Envelopment Analysis (DEA) approach, we use the Malmquist index to measure China's total factor productivity change and its two …

country's productivity affects the productivity of other countries in the region and test the effectiveness of R&D in terms of … expenditure or investment in human capital on the productivity levels of countries in the region. The results suggest that of the …, private sector funded R&D, have a positive impact on these countries' productivity. In contrast, however, foreign investment …