Showing 1 - 10 of 382
Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to … 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
productivity, but this effect was stronger in the areas in which railways were already built. Moreover, railways helped industrial …
Persistent link: https://www.econbiz.de/10011307101
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010333435
This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …
Persistent link: https://www.econbiz.de/10013211112
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012829322
business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall … effects of firm size on TFP growth are negative …
Persistent link: https://www.econbiz.de/10013316793
stemming from reallocation induced by structural change. At the same time, productivity growth within the input-output network …
Persistent link: https://www.econbiz.de/10014348090
Oil and gas company returns are compared between upstream, midstream, and down-stream sectors from 2000 through 2020. Crude oil, natural gas, and distillate returns reflect project risk, infrastructure, and conditions within the industry. Equity, commodity, and distillate markets positively...
Persistent link: https://www.econbiz.de/10014290035
Using data from the U.S. automobile market, we empirically examine the link between competition and innovation. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the U.S. market’s economic importance, market dynamics, and the significant...
Persistent link: https://www.econbiz.de/10011388173
welfare, while it affects consumer surplus non-monotonically, according to the size of asymmetry in the inherited market …
Persistent link: https://www.econbiz.de/10013229698