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The present study is a contribution to the theory of the measurement of productivity growth. First, it examines the … welfare-theoretic basis for measuring productivity growth and shows that the ideal welfare-theoretic measure is a chain index … of productivity growth rates of different sectors which uses current output weights. Second, it lays out a technique for …
Persistent link: https://www.econbiz.de/10012470634
&D indicators and measures of labor and total factor productivity, average wage and skill composition, on four panel data samples of … positive correlations with productivity, average wage and the share of administrative managers, as well as negative ones with …
Persistent link: https://www.econbiz.de/10012470654
empirically investigate the link between firms' choice of worker mix and the implied relationships between productivity and wages … observable characteristics. (ii) We find that new businesses exhibit even greater heterogeneity in earnings and productivity than … different for earnings and productivity, is consistent both with firms learning as they age and with the exit of mistake' prone …
Persistent link: https://www.econbiz.de/10012470737
Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity … procyclical productivity as an essential feature of business cycles because each explanation has important implications for … utilization and resource reallocations are particularly important in explaining procyclical productivity. We also argue that the …
Persistent link: https://www.econbiz.de/10012470796
resources. Increasing productivity risk raises the value of an unexercised option to create an organized job. Losing this option …
Persistent link: https://www.econbiz.de/10012470800
We define a country's technology as a triple of efficiencies: one for unskilled labor, one for skilled labor, and one for capital. We find a negative cross-country correlation between the efficiency of unskilled labor and the efficiencies of skilled labor and capital. We interpret this finding...
Persistent link: https://www.econbiz.de/10012470833
of international patents, country-level R&D productivity increases proportionally with the stock of ideas already …). Second, we find that ideas productivity in a given country is constant or declining in the worldwide stock of ideas. Ideas … effects of international knowledge spillovers. Finally, ideas productivity is concave in the size of the R&D workforce and the …
Persistent link: https://www.econbiz.de/10012470846
This paper analyzes the productivity of technology and job design in emergency response systems, or 911 systems … during 1994-1996, when almost half of the 67 counties experienced a change in technology. We measure productivity using an …
Persistent link: https://www.econbiz.de/10012470850
remainder. The productivity performance of the non-agricultural economy during the reform period is respectable, but not …
Persistent link: https://www.econbiz.de/10012470887
This paper empirically investigates the effects of trade liberalization on plant productivity in the case of Chile … question in two steps. In the first step, I estimate a production function to obtain a measure of plant productivity. I … estimates of the input coefficients required to construct a productivity measure. I explicitly incorporate plant exit in the …
Persistent link: https://www.econbiz.de/10012470891