Showing 1 - 10 of 2,482
growth accounting analysis disaggregates by major sector, and highlights implications for aggregate productivity growth of …
Persistent link: https://www.econbiz.de/10012465755
This study documents a significant inverse relationship between grievance rates and productivity. It is argued in the …
Persistent link: https://www.econbiz.de/10012477723
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted … all countries could expect sizeable gains in multifactor productivity from deregulation reforms …
Persistent link: https://www.econbiz.de/10012458102
The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others to specialize in production. To study the aggregate and distributional implications of this phenomenon, we develop a quantifiable general equilibrium model of trade and MP....
Persistent link: https://www.econbiz.de/10012459690
time. A key question is, has the productivity distribution also spread out across worker skill levels over time? Using our … calculations of productivity by skill level for the U.S., we show that the distributions of both wages and productivity have spread … out over time, as the right tail lengthens for both. We add OECD countries, showing that the wage-productivity correlation …
Persistent link: https://www.econbiz.de/10013477226
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10012463681
income on services. Productivity tends to grow less rapidly in the Service sector than in the rest of the economy, but the … shift of employment to Services was not a major factor in the slowing of aggregate productivity in the United States in the …
Persistent link: https://www.econbiz.de/10012478650
-house confers a sector-neutral productivity advantage facilitating within-firm structural transformation. Consistent with the model …
Persistent link: https://www.econbiz.de/10013334346
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications … higher rates of physical capital accumulation and greater total factor productivity gains. These (relatively) high rates of …. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long …
Persistent link: https://www.econbiz.de/10012467642
productivity. Those changes are reflected in both conditional and unconditional second moments as well as in the impulse responses … response of labor productivity to those shocks. That evidence suggests a more complex picture than that associated with "good …
Persistent link: https://www.econbiz.de/10012464476