Showing 1 - 10 of 505
Most industrialized countries today are facing historical demographic changes, paring increasing retirement with a declining labor force. We study the consequences of an increasing pensioner-worker ratio in a macroeconomic framework, which suggests a negative effect on total factor productivity....
Persistent link: https://www.econbiz.de/10014377568
important reliance on technology. In particular, the paper focuses on the role of other firms' productivity as well as …
Persistent link: https://www.econbiz.de/10010398577
This paper assesses the role of intra-sectoral spillovers in total factor productivity across Chinese producers in the chemical industry. We use a rich panel data-set of 12,552 firms observed over the period 2004-2006 and model output by the firm as a function of skilled and unskilled labor,...
Persistent link: https://www.econbiz.de/10010480819
Most industrialized countries today are facing historical demographic changes, paring increasing retirement with a declining labor force. We study the consequences of an increasing pensioner-worker ratio in a macroeconomic framework, which suggests a negative effect on total factor productivity....
Persistent link: https://www.econbiz.de/10014345627
efficiency change and technical change. The data we use is from Sweden and for their pulp and paper industry, which is heavily …
Persistent link: https://www.econbiz.de/10011932005
This paper provides a new comparative analysis of pooled least squares and fixed effects estimators of the slope coefficients in the case of panel data models when the time dimension (T) is fixed while the cross section dimension (N) is allowed to increase without bounds. The individual effects...
Persistent link: https://www.econbiz.de/10011307081
We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we … empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … spending efficiency scores via data envelopment analysis. Second, relying on panel data and impulse response approaches, we …
Persistent link: https://www.econbiz.de/10014356487
We assess the consequences of fiscal consolidation episodes on public sector efficiency (scores) for 35 OECD countries … for the 2007-2020 period. We find that fiscal consolidations improve public sector efficiency and results are robust … across efficiency models. Moreover, peripheral euro-area economies and economies with debt-to-GDP ratios between 60% and 90 …
Persistent link: https://www.econbiz.de/10014083319
We evaluate the impact of government spending efficiency on fiscal sustainability for a panel of 35 OECD countries … revenues to changes in government spending. Next, we make use of so-called government spending efficiency scores, which … the input efficiency scores obtained, countries’ fiscal balance and fiscal sustainability is directly improved by the use …
Persistent link: https://www.econbiz.de/10013289691
This paper introduces a new measure of dependence or jointness among explanatory variables. Jointness is based on the joint posterior distribution of variables over the model space, thereby taking model uncertainty into account. By looking beyond marginal measures of variable importance,...
Persistent link: https://www.econbiz.de/10010264116