Showing 1 - 10 of 98
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …
Persistent link: https://www.econbiz.de/10005181232
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/10005405979
Using data from 11 main manufacturing industries in 17 OECD countries, this paper empirically investigates the determinants of cross-country differences in the persistence of productivity differentials Specifically, we focus on the effects of product market structure and technology diffusion. It...
Persistent link: https://www.econbiz.de/10005406322
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and … as developing countries and explores the impact of the age composition of the labour force on levels and growth rates of … force on productivity and per-capita growth could be really substantial in some cases. …
Persistent link: https://www.econbiz.de/10005406417
in terms of performance indicators related to economic growth: value added, sales revenue and number of employees. The …
Persistent link: https://www.econbiz.de/10012912675
Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level. In this paper, we seek to understand the drivers of country-level MFP with a...
Persistent link: https://www.econbiz.de/10012958442
We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. We do this by systematically exploiting assumptions that are implicit in previous firm-level productivity...
Persistent link: https://www.econbiz.de/10012997337
VAR model. It is based on nowcast errors regarding current output growth, that is, the difference between actual growth …
Persistent link: https://www.econbiz.de/10012938129
share of national income. In a neoclassical growth model with endogenous human capital accumulation à la Ben Porath (1967 … the balanced growth path to U.S. data for the early postwar period and find that a one percentage point slowdown in the … growth rate of per capita income can account for between one half and all of the observed decline in the U.S. labor share …
Persistent link: https://www.econbiz.de/10012942005
We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm's choice is driven by a hold-up problem caused by lack of...
Persistent link: https://www.econbiz.de/10013149002