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sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
Persistent link: https://www.econbiz.de/10012473353
. We use the theory to compare current accounting measures for labor productivity and investment with the corresponding … understate the boom in productivity and investment … 1990s, provided that variations in population growth, depreciation rates, total factor productivity, and taxes are …
Persistent link: https://www.econbiz.de/10012465147
stock market that evaluates this expectation at different dates (it is a version of the Lucas-Prescott, 1971, investment …
Persistent link: https://www.econbiz.de/10012478327
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery … industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital … inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The …
Persistent link: https://www.econbiz.de/10012477226
, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one …
Persistent link: https://www.econbiz.de/10012480697
characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …
Persistent link: https://www.econbiz.de/10012464577
This paper extends previous research on the effect of investment on labor productivity at the country level by … accounting for investment in R&D, as well as for investment in fixed and human capital. Privately-funded R&D investment is found … to have a significant positive effect on productivity. Moreover, this effect appears to be quite large. The estimated …
Persistent link: https://www.econbiz.de/10012474807
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in … relating productivity explicitly to R&D and ICT capital as well as to upstream regulations, and two factor demand functions … finding that the impact of upstream regulations on total factor productivity can be sizeable, and they provide evidence that a …
Persistent link: https://www.econbiz.de/10012459134
is assumed to differ in productivity according to a parametric function of R&D effort embodied in that vintage of capital … data set which contains detailed information on the vintage structure of investment indifferent types of capital in the …&D expenditures at Bell Laboratories and the improvements in the productivity of specific capital inputs which are due to those R …
Persistent link: https://www.econbiz.de/10012477475
position variables and the potential spilover pool in explaining R&D intensity, patent productivity and TFP growth is explored … effects are significant in explaining patent productivity. I cannot distinguish between the two effects in explaining TFP … firms do more R&D themselves, they produce more patents per R&D dollar, and their productivity grows faster, even …
Persistent link: https://www.econbiz.de/10012477657