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Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …
Persistent link: https://www.econbiz.de/10011242298
reverse this trend requires finding ways to raise total factor productivity in poor countries; in turn, this implies letting …
Persistent link: https://www.econbiz.de/10005825901
that IT is contributing to labor productivity growth through both increases in the levels of IT capital per worker and … total factor productivity (TFP) growth in the production of IT equipment. The main outstanding issue is whether IT is …
Persistent link: https://www.econbiz.de/10005769153
We analyze an overlapping generations economy with financial frictions and accumulation of both physical and intangible capital. The key difference between them is that intangible capital cannot be used as collateral for borrowing. As intangibles become more important in production, financial...
Persistent link: https://www.econbiz.de/10009370542
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It …
Persistent link: https://www.econbiz.de/10005264046
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10009650613
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth … decline in output is mainly accounted for by a collapse in productivity; in the medium term, employment and capital are also …
Persistent link: https://www.econbiz.de/10008727814
growth from total factor productivity has been minor, while the high population growth poses a significant challenge to …
Persistent link: https://www.econbiz.de/10005825438
This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of …
Persistent link: https://www.econbiz.de/10005825739
Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany, deteriorated. That deterioration seems related to the geographical destination and product composition of trend exports. Faced with an increase in unit labor costs or in its...
Persistent link: https://www.econbiz.de/10005769088