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productivity. Our aim is to test the hypothesis that subjective well-being contributes to productivity using a two step approach …: first, we establish whether subjective well-being can be a candidate variable to study Total Factor Productivity; second, we … assess how much subjective well-being contributes to productivity at aggregate level through efficiency gains. We adopt Data …
Persistent link: https://www.econbiz.de/10011109923
accounting for human capital, total factor productivity differences over time accounts for 48% to 69% of output variation. TFP … after using the Mincer wage regression coefficients, TFP growth still remains significant in explaining the output growth …. Starting from a modest rate in 60s Productivity growth dipped and became negative in 70s. This productivity growth rate started …
Persistent link: https://www.econbiz.de/10005621616
countries reflects the different trends of total factor productivity (TFP) in the construction sector versus the other sectors … accounting exercise to measure the contribution of relative TFP on the price of construction relative to GDP for the four … countries. We find evidence of a strong positive contribution of relative TFP to construction prices in the case of the United …
Persistent link: https://www.econbiz.de/10008805479
Using new sectoral data on investment and capital services we carry out a growth accounting exercise on Spain 1985 …-2002. We compute the contribution to output and labour productivity growth of employment, non-ICT and ICT capital, labour … qualification and Total Factor Productivity. Results are given for 29 different branches; individually and grouped into four …
Persistent link: https://www.econbiz.de/10005020487
notable inefficiencies, as identified by negative Total Factor Productivity (TFP) contributions to productivity growth during …The paper presents a quantification of Spanish productivity performance over the last two decades –with a special … resurgence of labour productivity in Spain over the 2000-2004 period. …
Persistent link: https://www.econbiz.de/10005020490
Average hourly productivity has often been used to draw conclusions on long run per capita GDP growth, based on the … performing economies, where we also highlight that productivity has been less important in determining GDP growth than in …
Persistent link: https://www.econbiz.de/10008866140
The role of productivity in accelerating the pace of economic growth is well recognized in economic literature and this … policy, monetary policy and other economic measures on TFP. It shows that these policies affect TFP through human capital ….e. Agriculture, Manufacturing, Construction, Electricity and Gas, and Other Sectors, the paper has tried to explain TFP for seven sub …
Persistent link: https://www.econbiz.de/10005079326
In this study long run relationship between agricultural research and TFP (total factor productivity) is estimated by … using Cointegration technique for 1970-2005. The results of the long run relationship between TFP and agricultural research … indicate that agricultural research has a significant and positive impact on TFP. The estimated coefficient of research is 0 …
Persistent link: https://www.econbiz.de/10008776863
quantitative importance of the effects of incomplete tax enforcement on aggregate output and productivity. I use a dynamic general … enforcement. My main finding is that under complete enforcement, Mexico's labor productivity and output would be 17% higher. …
Persistent link: https://www.econbiz.de/10008685045
and faster growth. The positive impact of fixed capital accumulation on the average labour productivity level in the … labour productivity level to the respective indicator in the EU-15 (countries that entered EU before 2004). The Doctoral …
Persistent link: https://www.econbiz.de/10011260871