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west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of …
Persistent link: https://www.econbiz.de/10012471183
the productivity growth slowdowns experienced by most industrialized countries during that decade.The contention is that … measured output. Thus conventional productivity measures will be biased downward when such regulations are imposed. In this …" capital and then use this framework to devleop an adjustment to nonparametric measures of productivity growth, purging them of …
Persistent link: https://www.econbiz.de/10012477316
decomposition of total factor productivity growth …
Persistent link: https://www.econbiz.de/10012477833
This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity … (CDM model). Our econometric results suggest that overall the systems driving innovation and productivity are remarkably …
Persistent link: https://www.econbiz.de/10012465938
in a region or sector, it is their productivity advantage that determines the positive effect on domestic firms in … measuring total factor productivity (TFP) of firms and to different empirical specifications …
Persistent link: https://www.econbiz.de/10012467794
, including persistently high but declining rates of labor and total-factor productivity growth, a U-shaped response of the …
Persistent link: https://www.econbiz.de/10012467958
Understanding the nature and magnitude of resource reallocation, particularly as it relates to productivity growth, is … important both because it affects how we model and interpret aggregate productivity dynamics, and also because market structure … reallocation and productivity dynamics for the U.S. and other countries comes from a single industry: manufacturing. Building upon …
Persistent link: https://www.econbiz.de/10012469591
In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …
Persistent link: https://www.econbiz.de/10012472735
We examine productivity growth since World War II in the five leading research economies: West Germany, France, the … productivity, research, and patenting, we simulate the growth of the five countries, given initial productivity levels in 1950 and … the magnitude of the slowdown in German, French, and Japanese productivity growth and the relative constancy of U.K. and U …
Persistent link: https://www.econbiz.de/10012473670
, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …
Persistent link: https://www.econbiz.de/10012475084