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This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …
Persistent link: https://www.econbiz.de/10013316690
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include models accounting for several confounders, regional and...
Persistent link: https://www.econbiz.de/10013310764
We study the consequences of a working time reduction (WTR hereafter) in a growth model with efficiency wages and an essential natural resource (natural capital). Considering that technical progress cannot reduce the resource content of final production to zero, we show that the effects of a WTR...
Persistent link: https://www.econbiz.de/10013323965
We examine both theoretically and empirically how migration affects cultural change in home and host countries. Our theoretical model integrates various compositional and cultural transmission mechanisms of migration-based cultural change for which it delivers distinctive testable predictions on...
Persistent link: https://www.econbiz.de/10012823554
endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped … “residual” productivity required to explain the observed per-capita income differences by more than one half …
Persistent link: https://www.econbiz.de/10012908693
We investigate how changes in firm productivity after M&As are affected by differences in profit taxation between the … M&A and thus inhibit the realization of productivity improvements. Using firm-level data on inputs and outputs of … reduces the subsequent total factor productivity gain. This effect is concentrated in horizontal M&As and less pronounced when …
Persistent link: https://www.econbiz.de/10013236194
quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much … education policy (pre-primary education) on human capital and productivity to demonstrate the usefulness of the new measure for …
Persistent link: https://www.econbiz.de/10013290779
interactions between MP and trade. According to the model with MP, supply-side productivity shocks contributed to the collapse of … to shocks that affected aggregate productivity and were specific to multinationals in a few key headquarters countries …
Persistent link: https://www.econbiz.de/10014358332
fiscal policy, government effectiveness and productivity. Here, their dataset is extended in a number of ways: the number of … countries included is increased from 85 to up to 116, and more recent data for both government effectiveness and productivity …
Persistent link: https://www.econbiz.de/10010264145
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …
Persistent link: https://www.econbiz.de/10010276603