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) that has been modified to include ICT investment and R&D as the two main inputs into innovation and productivity. We find … that R&D and ICT are both strongly associated with innovation and productivity, with R&D being more important for … innovation, and ICT investment being more important for productivity. For the median firm, rates of return to both investments …
Persistent link: https://www.econbiz.de/10012460606
productivity of the targeted industries and regions grew significantly faster than those of non-targeted ones. While the plant …-level total factor productivity also grew faster in targeted industries and regions, the misallocation of resources within them … got significantly worse, especially among the entrants, so that the total factor productivity at the industry-region level …
Persistent link: https://www.econbiz.de/10012629472
estimates of the contribution of labor, capital, education, and total factor productivity for the three sectors of agriculture …'s aggregate productivity growth. In contrast, 45 percent of the growth in India in the second sub-period came in services …. Reallocation of workers from agriculture to industry and services has contributed 1.2 percentage points to productivity growth in …
Persistent link: https://www.econbiz.de/10012465713
Melitz (2003) demonstrates that greater trade openness raises industry productivity via a selection effect and via a … static and dynamic efficiency gains. That is, although freer trade improves industry productivity in a level sense, it harms … endogenises the growth rate of industry productivity and we show that liberalisation slows growth …
Persistent link: https://www.econbiz.de/10012467972
firm framework. The paper also shows how the aggregate industry productivity growth generated by the reallocations …, the paper provides an extension of Krugman's (1980) trade model that incorporates firm level productivity differences …. Firms with different productivity levels coexist in an industry because each firm faces initial uncertainty concerning its …
Persistent link: https://www.econbiz.de/10012469834
employment and capital growth of local firms with higher productivity and that this effect is concentrated among young firms … important gains in aggregate industry productivity and that changes in the allocation of labor play a central role in driving …
Persistent link: https://www.econbiz.de/10012453632
-level productivity in a two-country DSGE model with heterogenous producers and an endogenous dynamic export participation decision. First …
Persistent link: https://www.econbiz.de/10012458049
We investigate the link between real exchange rates and sectoral total factor productivity measures for countries in … previous studies that have found little relationship between productivity levels and the real exchange rate among high …
Persistent link: https://www.econbiz.de/10012458157
We test for sorting of workers between and within industrial sectors in a directed search model with coordination frictions. We fit the model to sector-specific vacancy and output data along with publicly-available statistics that characterize the distribution of worker and employer wage...
Persistent link: https://www.econbiz.de/10012458196
reallocation is closely linked to productivity. While these patterns hold on average, the extent to which the reallocation dynamics … accelerated reallocation even more productivity enhancing than reallocation in normal times. In the Great Recession, we find the … intensity of reallocation fell rather than rose and the reallocation that did occur was less productivity enhancing than in …
Persistent link: https://www.econbiz.de/10012458240