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This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted … to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …
Persistent link: https://www.econbiz.de/10012467310
) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …
Persistent link: https://www.econbiz.de/10012461957
decomposition of total factor productivity growth …
Persistent link: https://www.econbiz.de/10012477833
We examine the role of the ICT revolution in driving productivity growth behavior for the United States and an …. Using industry-level data from EU KLEMS, we find that most of the 1995-2005 U.S. productivity growth revival was driven by … rather than providing a new permanent era of faster productivity growth. This joint transatlantic post-2005 slowdown is …
Persistent link: https://www.econbiz.de/10012481620
innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and … changing technological regulations--let alone increase productivity. Great potential exists for innovation in crop and …
Persistent link: https://www.econbiz.de/10012481789
This paper compares the impact of new IT-enhanced technology on the efficiency of production in the U.S. and the U.K. for one manufacturing industry, valve manufacturing. There is a long-standing question of whether technological change and organizational changes have the same rates of adoption...
Persistent link: https://www.econbiz.de/10012464988
Our answer: not so well. We reach that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the...
Persistent link: https://www.econbiz.de/10012468056
In this paper, we examine the sources of the productivity growth in the U.S. computer industry from 1978 to 1999. We … and product innovations. Based on the estimation results, we decompose total factor productivity (TFP) growth rate into …
Persistent link: https://www.econbiz.de/10012469442
our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …
Persistent link: https://www.econbiz.de/10012472762
sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
Persistent link: https://www.econbiz.de/10012473353