Showing 1 - 10 of 14
Hourly labour productivity levels in a number of European countries are thought to be very close to, or possibly even …' levels of hourly productivity for the effect of the differentials (with the United States) in the hours worked and …/or employment rates of several categories of the population of working age in order to calculate 'structural' hourly productivity …
Persistent link: https://www.econbiz.de/10013136342
productivity and other industrialized countries' catch-up with US productivity levels over recent decades …
Persistent link: https://www.econbiz.de/10013136670
This analysis characterizes empirically how good labour relations can alleviate the negative impact on productivity of … total factor productivity (TFP). Regulatory constraints would become really binding when workers or unions use them as a …
Persistent link: https://www.econbiz.de/10013101739
The productivity slowdown has been analysed as an effect of weaker technological progress, of the digital economy or of … frontier, productivity has accelerated, especially over the recent period, which contradicts the hypothesis of a decline in …' productivity does not seem to have slowed down in the 2000s, which does not confirm the hypothesis of a decrease in the …
Persistent link: https://www.econbiz.de/10012926458
In this paper, we identify two counteracting effects of credit access on productivity growth: on the one hand, better … counteracting effects generate an inverted-U relationship between credit access and productivity growth. Then, we test our theory on … credit constraints and productivity growth when we aggregate our data at sectoral level. We then move to firm-level analysis …
Persistent link: https://www.econbiz.de/10012909371
In most advanced economies, both real interest rates and productivity growth have decreased since the early 1990s. In … this paper, we explore the mechanism whereby a circular relationship links these two quantities. While productivity is a … the expected return from investment projects, and thus of the productivity level required for investment. In our model …
Persistent link: https://www.econbiz.de/10012860721
We study production factor adjustment taking into account factor utilization in multiple dimensions (labor and capital working time, capital capacity utilization) through a unique survey among French manufacturing firms. This survey also allows us to examine the impact of obstacles to increasing...
Persistent link: https://www.econbiz.de/10013054755
In order to examine innovation diffusion and convergence processes, we study productivity trends, trend breaks and … levels for 13 advanced countries over 1890-2012. We highlight two productivity waves, a big one following the second … could be implemented, emphasizing a long diffusion process. The productivity leader changed during the period under study …
Persistent link: https://www.econbiz.de/10013056487
second part of our analysis, we estimate the impacts of our new measures on Total Factor Productivity (TFP) in the framework …
Persistent link: https://www.econbiz.de/10012921949
factor productivity (TFP). Using a 1890-2013 17-OECD country database, this paper improves the measurement of TFP by taking …, contribution. Quality-adjusted production factors explain less than half of labor productivity growth in the largest countries but … Japan, where capital deepening posted a very large contribution. As a consequence, the “one big wave” of productivity growth …
Persistent link: https://www.econbiz.de/10012995253