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productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure …In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity …
Persistent link: https://www.econbiz.de/10012474070
We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … potentially important indirect channels by which public capital affects manufacturing productivity … lowers costs in a manufacturing sector characterized by both firm-level returns to scale and industry-level external returns …
Persistent link: https://www.econbiz.de/10012473575
, nonproduction and production labor and energy) use of manufacturing firms to evaluate the contribution of infrastructure to firms …' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to … manufacturing firms and thus augments productivity growth. We also show, however, that this evidence should be interpreted taking …
Persistent link: https://www.econbiz.de/10012475001
Transit infrastructure is a critical asset for economic activity yet costly to build in dense urban environments. We … plausible mechanism for the price gains. Higher prices reflect both higher rents and lower risk. Infrastructure improvements …
Persistent link: https://www.econbiz.de/10012479313
Cities are shaped by transportation infrastructure. Older cities were anchored by waterways. Nineteenth century cities … value of investing in transportation infrastructure. Future transportation innovations, including autonomous vehicles and …
Persistent link: https://www.econbiz.de/10012482505
Persistent link: https://www.econbiz.de/10013342882
structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are …In this paper the authors examine the effects of publicly financed infrastructure and R&D capitals on the cost … their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward …
Persistent link: https://www.econbiz.de/10012475102
We compute rates of growth in labor productivity during the 1973-80 period for samples of individual manufacturing … estimated effect of the growth in the capital-labor ratio on firm productivity is approximately twice as large in Japan than in … firms, in both Japan and the U.S., and relate them to differences in the rates of growth in their capital-labor ratios and …
Persistent link: https://www.econbiz.de/10012477298
This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the … impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in … Japanese manufacturing for the years 1994-2000, I show that competition, as measured by lower level of industrial price …
Persistent link: https://www.econbiz.de/10012467138
This paper investigates changes in the output and productivity of research and development activities in Japanese … manufacturing firms over the 1980s and 1990s. Evidence from aggregate patent and R&D statistics and a micro-level analysis of R …&D productivity at the firm-level suggest that there has been a slowdown in the growth of Japanese research productivity in the 1990s …
Persistent link: https://www.econbiz.de/10012469265