Showing 1 - 10 of 660
In poor countries, labor productivity in agriculture is considerably lower than in the rest of the economy. We assess … than through labor productivities. Third, labor productivity in agriculture is severely mis-measured in the US …
Persistent link: https://www.econbiz.de/10013015078
While the output of a team is evident, the productivity of each team member is typically not readily identifiable. In … this paper we consider the problem of measuring the productivity of team members. We propose a new concept of coworker … productivity, which we refer to as eigenvalue productivity (EVP). We demonstrate the existence and uniqueness of our concept and …
Persistent link: https://www.econbiz.de/10012944882
This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity …
Persistent link: https://www.econbiz.de/10012920760
The paper analyzes the contribution of public capital to private output using several meta-analytical techniques. Both fixed and random effects models are estimated by Weighted Least Squares. Sample overlap across studies is explicitly controlled for by employing a 'full' Generalized Least...
Persistent link: https://www.econbiz.de/10013316601
equilibrium interest rate. Most importantly, this paper analyses the efficiency and distributional consequences of allowing …
Persistent link: https://www.econbiz.de/10013316607
Carbon pricing regulates emission flows and collects rents from underlying fossil resource stocks. The resulting investment shift implies lower climate policy costs and improved welfare if capital is underaccumulated. We prove that under emission trading, such a beneficial macroeconomic...
Persistent link: https://www.econbiz.de/10013029498
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/10013129859
estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is …
Persistent link: https://www.econbiz.de/10013135914
very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …
Persistent link: https://www.econbiz.de/10013001148
takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple …
Persistent link: https://www.econbiz.de/10012927189