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combination of a drop in total factor productivity (TFP) during 1990-92 and of increases in taxes on labor and consumption and …
Persistent link: https://www.econbiz.de/10012465055
In this paper, we make a first attempt to explore the relationship between computer use and productivity in French … level in the years 1987, 1991 and 1993, with information on firm productivity, capital intensity and average wage available … evidence that the computer impacts on productivity are indeed positive and that the returns to the firm should at least be in …
Persistent link: https://www.econbiz.de/10012472992
center of the analysis: productivity shocks, shocks to labor input, and tax policy shocks. While our approach is in line with …
Persistent link: https://www.econbiz.de/10012475267
overall productivity level of the economy. A comprehensive income tax, applying to both labour income and capital income … productivity, the adverse effect of income taxation on human capital investments is significantly magnified …
Persistent link: https://www.econbiz.de/10012475500
This paper deals with the international effects of taxation. Tax policies have profound effects on the temporal composition and on the intertemporal evolution of the macro economy. The analysis highlights key issues pertinent for the understanding of international effects of domestic tax...
Persistent link: https://www.econbiz.de/10012476126
planner who has partial knowledge of population preferences and the productivity of spending. This is a problem of decision … making under ambiguity. Focusing on income-tax financed public spending for infrastructure that aims to enhance productivity … preferences and the productivity of public spending …
Persistent link: https://www.econbiz.de/10012460456
This paper studies how gradualism affects the welfare gains from trade, technology, and reforms. When people face adjustment frictions, gradual shocks create less adverse distributional effects in the short run. We show that there are welfare gains from inducing a more gradual transition via...
Persistent link: https://www.econbiz.de/10013477247
Emerging countries exhibit volatile fiscal policies and frequent sovereign debt crises, that significantly diminish the well-being of their citizens. International advisors typically suggest developed-world solutions as a remedy. We argue that the root of the problem lies in the institutional...
Persistent link: https://www.econbiz.de/10014447264
Aggregate data show a large and decades-long decline in construction sector productivity. This decline in such a large … sector has had a material effect on secular productivity growth for the economy as a whole. Prior work has focused on the … role of potential measurement problems in construction, particularly output deflators in the measurement of productivity …
Persistent link: https://www.econbiz.de/10013537739
An important gap in most empirical studies of establishment-level productivity is the limited information about workers …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …-access establishment-level productivity dataset created by the BLS-Census Bureau Collaborative Micro-productivity Project. We take a first …
Persistent link: https://www.econbiz.de/10013462669