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Ageing and productivity growth: are there macro-level cohort effects of human capital?
Werding, Martin - 2008
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10010264296
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The Diffusion of Technological Progress in ICT
Elstner, Steffen; Grimme, Christian; Kecht, Valentin; … - 2020
We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase … productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … price of ICT goods and services in a structural VAR with medium-run restrictions. Using local projections to estimate the …
Persistent link: https://www.econbiz.de/10012425696
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Techies and Firm Level Productivity
Harrigan, James; Reshef, Ariell; Toubal, Farid - 2023
effect goes beyond the employment of R&D workers, extending to ICT and other techies. In non-manufacturing firms, the impact … of techies on productivity operates mostly through ICT and other techies, not R&D workers. Engineers have a greater …
Persistent link: https://www.econbiz.de/10014377443
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Robust growth determinants
Doppelhofer, Gernot; Weeks, Melvyn - 2011
This paper investigates the robustness of determinants of economic growth in the presence of model uncertainty, parameter heterogeneity and outliers. The robust model averaging approach introduced in the paper uses a flexible and parsimonious mixture modeling that allows for fat-tailed errors...
Persistent link: https://www.econbiz.de/10010274936
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Explaining the Size Differences of Exporter Productivity Premia: Theory and Evidence
Geishecker, Ingo; Schröder, Philipp J.H.; Sörensen, Allan - 2014
Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to the data. We derive the sectoral EPP in a standard heterogeneous firms trade model and apply the insights from the model to 13 years of data for all Danish manufacturing firms....
Persistent link: https://www.econbiz.de/10010333430
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Industrial Espionage and Productivity
Glitz, Albrecht; Meyersson, Erik - 2017
In this paper, we investigate the economic returns to industrial espionage by linking information from East Germany’s foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based on a dataset that comprises the entire flow of...
Persistent link: https://www.econbiz.de/10011698692
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The UK's Great Demand and Supply Recession
Jacob, Nick; Mion, Giordano - 2020
We revisit UK’s poor productivity performance since the Great Recession by means of both a suitable theoretical framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes over time, and distinguish between quantity total factor...
Persistent link: https://www.econbiz.de/10012425661
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The Economic Impact of Weather and Climate
Tol, Richard S. J. - 2021
I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I test it on a sample of 160 countries over the period...
Persistent link: https://www.econbiz.de/10012582009
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Regional Productivity Network in the EU
Mastromarco, Camilla; Serlenga, Laura; Shin, Yongcheol - 2023
We develop a unified stochastic frontier model which controls for the local spatial correlation and the global factor dependence as well as parameter heterogeneity, simultaneously. We then propose the regional productivity network analysis to examine the diffusion impacts of the capital...
Persistent link: https://www.econbiz.de/10014377379
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Regional Productivity Network in the EU
Mastromarco, Camilla; Serlenga, Laura; Shin, Yongcheol - 2023
We develop a unified stochastic frontier model which controls for the local spatial correlation and the global factor dependence as well as parameter heterogeneity, simultaneously. We then propose the regional productivity network analysis to examine the diffusion impacts of the capital...
Persistent link: https://www.econbiz.de/10014357031