Showing 1 - 10 of 2,728
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity … through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted …
Persistent link: https://www.econbiz.de/10012458102
.S. aggregate labor productivity, and 2) whether the same set of forces account for the slowdown of sectoral productivity growth as … well. We specify a model which relates measured labor productivity growth to capital/labor ratio, level and rate of change … aggregate data for the period 1949-1978.The results of the estimation suggest that the pattern of aggregate productivity growth …
Persistent link: https://www.econbiz.de/10012478722
Racial social isolation within and across workplaces may reduce firm productivity. We provide descriptive evidence that … African-Americans feel socially isolated from Whites. To test whether isolation affects productivity, we estimate models of … Total Factor Productivity for manufacturing firms allowing returns to local area concentrations of economic activity and …
Persistent link: https://www.econbiz.de/10012533396
Compared with its nineteenth century competitors, Australian GDP per worker grew exceptionally fast, about twice that of the US and three times that of Britain. This paper asks whether the fast growth performance produced rising inequality. Using a novel data set we offer new evidence supporting...
Persistent link: https://www.econbiz.de/10012455265
At roughly 4% per annum, labor productivity in Tanzania has grown more rapidly over the past 12 years than at any other … economy-wide labor productivity growth in Tanzania between 2002 and 2012. However, virtually all of the labor productivity …
Persistent link: https://www.econbiz.de/10012455791
This paper analyzes the role productivity growth had on disinflation in Chile during the 1990s. It argues that … productivity growth was key in avoiding the output costs of stabilization in a highly indexed economy. Disinflation from the early … performance, which combined simultaneously very high rates of growth and declining inflation, productivity stands high. The …
Persistent link: https://www.econbiz.de/10012468333
This paper decomposes Botswana's growth from the late 1960s through 2010 into a within-sector and a between-sector (structural change) component. We find that during the 70s and 80s Botswana's rapid economic growth was characterized by significant structural change with the share of the labor...
Persistent link: https://www.econbiz.de/10012457639
Since 2010, U.S. GDP growth has been anemic, averaging 2.1% a year, and this despite interest rates very close to zero. Historically, one would have expected such low sustained rates to lead to much stronger demand. They have not. For a while, one could point to plausible culprits, from a weak...
Persistent link: https://www.econbiz.de/10012455521
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
An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an …
Persistent link: https://www.econbiz.de/10012458839