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Persistent link: https://www.econbiz.de/10010884706
What factors underlie industry differences in research intensity and productivity growth? We develop a multisector … growth model using standard parameters to capture the main factors considered in the empirical R&D and productivity growth … literature. Along the balanced growth path, we find that the primary factor behind industry differences in productivity growth is …
Persistent link: https://www.econbiz.de/10010745293
growth of organization capital did not have significant effects on productivity growth. …
Persistent link: https://www.econbiz.de/10010746087
We develop a multi-sector general equilibrium model in which productivity growth is driven by the production of sector …-specific knowledge. In the model, we find that long run differences in total factor productivity growth across sectors are independent of …
Persistent link: https://www.econbiz.de/10010746396
This paper studies how differences in the size of barriers to capital accumulation can account for differences in long run economic development paths. In this model barriers affect both the beginning date and the pace of the modern economic growth. A fundamental property of the model is that...
Persistent link: https://www.econbiz.de/10010928738
and landowners). Industrialization requires the elites to finance schools and the masses to attend them. Schooling raises … productivity, particularly for matches between masses and bourgeois. At the same time, only country-wide education ("unified … dominant elite at the regional and country level is the same and/or the industrialization shock is sufficiently high. If …
Persistent link: https://www.econbiz.de/10011183324
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10010884516
This paper uses new product-specific, micro-level US data to show that New England had lower levels of productivity in …-abundant country – has higher labour productivity contradicts the Rothbarth-Habakkuk model. We suggest Britain’s industrial success …
Persistent link: https://www.econbiz.de/10010884525
We study the productivity of US owned plants in the UK. Using a new dataset that identifies foreign and domestic MNEs …
Persistent link: https://www.econbiz.de/10010884622
companies with higher wages, higher productivity and higher capital intensity. The ‘blip up’ in new recognitions is consistent …
Persistent link: https://www.econbiz.de/10010884653