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In Saltari et al. (2012, 2013) we estimated a dynamic model of the Italian economy. The main result of those papers is that the weakness of the Italian economy in the last two decades is due to the total factor productivity slowdown. In those models the information and communication technology...
Persistent link: https://www.econbiz.de/10011109579
In Saltari et al. (2012, 2013) we estimated a dynamic model of the Italian economy. The main result of those papers is that the weakness of the Italian economy in the last two decades has been the total factor productivity slowdown. The aim of this paper is to investigate the roots of this...
Persistent link: https://www.econbiz.de/10011109909
The aim of this paper is to investigate the roots of the Italian total factor productivity slowdown. The analysis focusses on the specific pattern of technical progress in determining the TFP dynamics. This analysis can not be done with the Cobb-Douglas technology but requires the employ of a...
Persistent link: https://www.econbiz.de/10011111549
India brought about by liberalization and globalization of the economy. Structural changes in terms of employment of labour … substitution of capital for labour in almost all states. In the pre-globalization period the industries experienced increasing …
Persistent link: https://www.econbiz.de/10005619394
This paper examines the role of the international market in mediating North-South relations and analyzes how the market works in distributing the gains from trade. It is argued that the international market does not always provide an adequate engine of growth for the South if that region...
Persistent link: https://www.econbiz.de/10005621510
This paper presents the results of long run labour productivity and GDP growth rate projections (until 2050) for each … employment and labour productivity. These base case projections reflect the working assumption of “no policy change … population is fairly limited, although it is accepted that the labour productivity of an individual is likely to decline after …
Persistent link: https://www.econbiz.de/10005619654
The current financial turmoil has led many writers in the area of Islamic finance to revive an old edict in Islamic finance – no risk, no gain. I have discussed this axiom in my earlier writings and have not come across anything in recent advocacy of its proponents that could make me change my...
Persistent link: https://www.econbiz.de/10011109190
The agricultural sector plays an important and a vital role in achieving the economic growth, furthermore, the labor input is considered one of the most important inputs in the economy, especially in the agricultural sector, which contribute in increasing production. Achieving the economic...
Persistent link: https://www.econbiz.de/10011258945
The knowledge theoretic view of organization of production postulates that ICT, tasks and hierarchies intertwine … the knowledge hierarchy literature can hence be tested and the findings largely reverberate with theory. First, ICT … utilization narrows organizations yet CT expands middle management. Second, industry tasks govern organizational outcomes …
Persistent link: https://www.econbiz.de/10011114354
The implementation of new forms of organization of the work (NFWO) has been recurrently applied in the medium and large corporations, especially those whose activity is centered in traditional industrial sectors. With virtues and inconvenients the NFWO seems to be apparently to be kept out of...
Persistent link: https://www.econbiz.de/10009397196