extension of our approach to multivariate diffusions, in which one can permit innovations to productivity to be transmitted …

factor productivity, and climate sensitivity. It estimates the pdfs of key output variables, including CO2 concentrations …

Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …

into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect … productivity growth, and endogenous changes in expenditures shares on manufacturing goods and services. We quantify the importance … accumulation and trade costs have been the most important drivers of trade in the sample at hand, whereas productivity growth and …

resuscitate HOV by introducing a simple Hicks-neutral (HN) factor-productivity adjustment, an approach that was heavily criticized …. In this paper, we re-examine the productivity question by estimating factor-specific productivities from the individual …-augmenting technological differences. In particular, the factor-productivity adjustment works well for developed members of the OECD. Further …

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 …

We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …

drives low-productivity firms from the small country's home market, replacing them with high-productivity exporters from … abroad. This endogenous policy response creates a selection effect that increases the average productivity of home firms when …

productivity - enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favor of permanent ones and reduced capital intensity, generating productivity losses. We …