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) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …
Persistent link: https://www.econbiz.de/10012467123
-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production …, 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
annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement … productivity show the importance of allowing for differences based on plant technology. In a model incorporating technology …Does the impact of environmental regulation differ by plant vintage and technology? We answer this question using …
Persistent link: https://www.econbiz.de/10012470238
productivity growth, higher markups in product markets, and spending declines resulting from tighter lending standards at financial …
Persistent link: https://www.econbiz.de/10012456445
differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment … hiring and training response is quicker than the wage response. We also observe in time series that the pace of technology … technology, maturing of the workforce, and growth of international trade reduce unemployment in the longer run. The same …
Persistent link: https://www.econbiz.de/10012470933
This paper studies the role of technology in local-government tax collection capacity in the developing world. We first … conduct a new census of all local governments in Ghana to document a strong association between technology use and property … tax billing, collection and enforcement. We then randomize the use of a new revenue collection technology within one large …
Persistent link: https://www.econbiz.de/10013191018
We show how to use field-programmable gate arrays (FPGAs) and their associated high-level synthesis (HLS) compilers to solve heterogeneous agent models with incomplete markets and aggregate uncertainty (Krusell and Smith, 1998). We document that the acceleration delivered by one single FPGA is...
Persistent link: https://www.econbiz.de/10013191031
which "experience"on a technology (proxied by the mean age of the capital stock) enters "non-neutrally." Our specification … technology embodied therein) ages. According to our estimates, the education-distribution of employment depends more strongly on …
Persistent link: https://www.econbiz.de/10012477361
.S.A.)and the other with heavy R&D activities in applied technology(Japan), can compete in the world market with their productivity … that Japan is not spending much on basic technology development cannot be empirically substantiated from the study of the … technology.The second part of the paper is to show how two countries, one with heavy R&D activities in basic technology (the U …
Persistent link: https://www.econbiz.de/10012477573