Showing 1 - 10 of 2,522
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
productivity growth: to increase the innovative capacity by participating in research and development (R&D), and to increase the …
Persistent link: https://www.econbiz.de/10013249658
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 studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC). SBTC affects optimal taxes and subsidies by changing i) direct distributional benefits, ii) indirect redistributional effects due to wage-(de)compression, and iii) education...
Persistent link: https://www.econbiz.de/10013251267
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 … effect of ICT-related technology gains on sectoral technology (TFP), we find two sets of results. First, since the mid-2000s …
Persistent link: https://www.econbiz.de/10013314751
district and firm level. Large, high-productivity and capital-intensive firms benefit the most, in terms of innovation activ …. Through this channel, greater innovation is the result of productivity gains from specialization …This paper analyses the impact of skilled migrants on the innovation (patenting) activity of French firms between 1995 …
Persistent link: https://www.econbiz.de/10014241996
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using a neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction...
Persistent link: https://www.econbiz.de/10013222213
STEM-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion …We study the impact of techies—engineers and other technically trained workers—on firm-level productivity. We first …-neutral productivity in both manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this …
Persistent link: https://www.econbiz.de/10014348039
We study the impacts of public investment, notably in construction and in R&D on economic growth and of crowding-out effects on private investment. For this purpose, we use Panel Vector Autoregression (PVAR) models and the Generalised Method of Moments (GMM) approach for 40 advanced and emerging...
Persistent link: https://www.econbiz.de/10014242792
We use census data to show that structural transformation reflects a fundamental reallocation of labor from goods to services, instead of a relabelling that occurs when goods-producing firms outsource their in-house service production. The novelty of our approach is that it categorizes labor by...
Persistent link: https://www.econbiz.de/10013211114