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) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …
Persistent link: https://www.econbiz.de/10012461957
This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted … to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …
Persistent link: https://www.econbiz.de/10012467310
empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …
Persistent link: https://www.econbiz.de/10012477724
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10012462858
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
We study how increased import competition affects the evolution of firm-product technical efficiencies in the small open economy of Belgium. We observe quarterly firm-product data at the 8-digit level on quantities sold and firm-level labor, capital, and intermediate inputs from 1997 to 2007, a...
Persistent link: https://www.econbiz.de/10012455045
We study how innovation and technology diffusion interact to endogenously determine the productivity distribution and … productivity distribution. With finite support, the aggregate growth rate cannot exceed the maximum growth rate of innovators …
Persistent link: https://www.econbiz.de/10012455586
such models in analyzing the production structure, the determinants of variable and quasi-fixed factors, and productivity … growth. The paper also discusses the traditional approach to productivity analysis based on the Divisia index number …
Persistent link: https://www.econbiz.de/10012471717
In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading. But for many firms this advantage remains elusive....
Persistent link: https://www.econbiz.de/10012696370
is assumed to differ in productivity according to a parametric function of R&D effort embodied in that vintage of capital …&D expenditures at Bell Laboratories and the improvements in the productivity of specific capital inputs which are due to those R … growing over time. In addition,the rate of increase in the productivity of capital inputs has risen over time. The model fails …
Persistent link: https://www.econbiz.de/10012477475