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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
productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … accounting and econometric evidence suggest an important role for ICTs in accounting for productivity. In fact, the empirical … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …
Persistent link: https://www.econbiz.de/10011071487
panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …
Persistent link: https://www.econbiz.de/10011198536
Why did productivity rise during recent recessions? One possibility is that average worker quality increased. A second … 2010 on individual worker productivity from a large firm, these effects can be measured and separated. For this firm, most … of the gain in productivity during the recession was a result of increased effort. Additionally, the increase in effort …
Persistent link: https://www.econbiz.de/10011126413
productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …
Persistent link: https://www.econbiz.de/10011126620
As Weber (1904) recognized, Calvinistic beliefs about predestination may constitute a powerful incentive for good works; an individual wishes to receive assurances about her future prospects of salvation, and good works may provide a positive signal about such prospects. These beliefs can in...
Persistent link: https://www.econbiz.de/10011071078
We analyse how German tourists react to unanticipated shocks that alter their risk perception of selected tourism destinations. Using a difference-in-difference strategy which flexibly accounts for macroeconomic conditions and also addresses potential problems of serial correlation, we isolate...
Persistent link: https://www.econbiz.de/10011201253
labour productivity fell in the UK. And we consider the evolution of the aggregate depreciation rate and of capital …
Persistent link: https://www.econbiz.de/10011266090
The paper provides a quantitative analysis of the armed confrontation that took place in Greece between the Communist Party and the Centre-Right Government during 1946-1949. Using monthly data for battle casualties a dynamic Lotka-Volterra framework is estimated, pointing to the existence of a...
Persistent link: https://www.econbiz.de/10010754017
This paper examines the frequency, pervasiveness and determinants of product switching among U.S. manufacturing firms. We find that two-thirds of firms alter their mix of five-digit SIC products every five years, that one-third of the increase in real U.S. manufacturing shipments between 1972...
Persistent link: https://www.econbiz.de/10010745234