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firms with low productivity and relatively few firms with high productivity. …
Persistent link: https://www.econbiz.de/10010745985
and productivity. We decompose the spatial variation of earnings into a productivity effect and an occupational … that doubling the population of working age proximate to an area is associated with a 3.5% increase in productivity in the …
Persistent link: https://www.econbiz.de/10010745300
exporting and TFP growth, is mixed. We use a UK panel data set with firm-level information on exporting and productivity. Our … they learnt from other sources) in the past are more likely to then have productivity growth. This suggests some support …
Persistent link: https://www.econbiz.de/10010744844
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive effect from technology (knowledge) spillovers and a...
Persistent link: https://www.econbiz.de/10011126004
The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data … discuss a wide range of hypotheses which seek to explain the productivity collapse, including the impact of austerity. Most of … financial crises, particularly banking crises, on productivity, capital, TFP and employment. Based on a cross-country panel …
Persistent link: https://www.econbiz.de/10011126541
across productivity, volatility and financial wealth. We show that this endogenous distribution is crucial to understand … export and productivity dynamics after a trade liberalization. In particular, the calibrated model predicts that financing … negligible net effect on the number of exporting firms, reduce the aggregate productivity gains induced by trade liberalization by …
Persistent link: https://www.econbiz.de/10011071255
causation processes in shaping the productivity and comparative advantage of different regions. In the presence of such … increasing returns there may be persistent spatial disparities in productivity. Economic development will tend to be 'lumpy …
Persistent link: https://www.econbiz.de/10010745807
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
Persistent link: https://www.econbiz.de/10010884706
Interactions between economic development and financial development are studied by looking at the roles of financial institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the evolution of the financing regimes. The...
Persistent link: https://www.econbiz.de/10010928613