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productivity. This framework is based on a multi-sector general equilibrium model with sector-specific frictions in the form of … functions. Moreover, this framework is consistent with that commonly used in productivity analysis. I apply this framework to … measure to what extent resource misallocation explains the differences in aggregate productivity across developed countries. I …
Persistent link: https://www.econbiz.de/10005616897
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
international diffusion through trade. Fitting the model to data on innovation, productivity, and trade in varieties, I find that …
Persistent link: https://www.econbiz.de/10009370811
We re-estimate the World Technology Frontier (WTF) non-parametrically, using the Data Envelopment Analysis method, with a dataset covering both OECD country-level and US state-level data on GDP per worker and the stocks of physical capital, unskilled labor, and skilled labor. The WTF 2000 is...
Persistent link: https://www.econbiz.de/10005835887
In order to obtain plausible scenarios of economic development in Romania up to the 2015 horizon, we used a mix of forecasting models, from ones classified as “medium-term” to those covering longer forecasting periods. Based on the analysis of the economic transition period we mainly used...
Persistent link: https://www.econbiz.de/10005835931
This paper evaluates the relative contribution of factor accumulation and technology in explaining output per worker differences across Italian regions in the period 2000-2004. The contributions of physical and human capital are separately estimated through the variance decomposition of output...
Persistent link: https://www.econbiz.de/10005055507
We investigate whether Italian regions have converged in terms of output per worker because of physical capital accumulation, human capital accumulation or thanks to technological catch-up. In order to identify channels of convergence we adopt the methodology recently proposed by Wong (2007) and...
Persistent link: https://www.econbiz.de/10005616770
--2000, distinguishing between measures of productivity gains actually obtained in a given country (TFP growth, Malmquist index) and …
Persistent link: https://www.econbiz.de/10008587494
This paper investigates the relative contribution of capital deepening and total factor productivity (TFP) as drivers … of labour productivity growth and catch up in Europe. Proxies for technological capabilities (technology gap) are … deepening and TFP respectively account for around 53% and 47% of labour productivity growth respectively. Further, change in …
Persistent link: https://www.econbiz.de/10008756488
stock), then by consideration of the environmental deletion, we make use of the BM productivity index to decompose the …
Persistent link: https://www.econbiz.de/10011107622