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differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …
Persistent link: https://www.econbiz.de/10011451098
effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … impacts. By contrast, the long-term impact of policies coming only via the employment rate channel materialises at shorter …
Persistent link: https://www.econbiz.de/10011638280
This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests … data. Third, when the null hypothesis of non convergence is rejected, a second test determines the number of converging … countries. Based on a sample of thirteen OECD countries our results show evidence of convergence in three out of six sectors …
Persistent link: https://www.econbiz.de/10009781595
induced by time and local variations in sunset time. We find that a 1-hour increase in weekly sleep increases employment by 1 ….6 percentage points and weekly earnings by 3.4%. Most of this earnings effect comes from productivity improvements, while the …
Persistent link: https://www.econbiz.de/10013463267
convergence rates. Consistent with theories, the persistence of productivity differentials is found to be positively correlated …, productivity convergence appears to be enhanced by human capital but deterred by government spending. … determinants of cross-country differences in the persistence of productivity differentials Specifically, we focus on the effects of …
Persistent link: https://www.econbiz.de/10011399314
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/10012625868
(agriculture, manufacturing and services) characterized by different productivity gains and by saturation levels in the demands of …
Persistent link: https://www.econbiz.de/10011819388
of sectoral labor input and total factor productivity trend growth variation on the persistent decline in long-run output …-term decline. Zooming into the reunification period, we find a pronounced decline of total factor productivity growth in …
Persistent link: https://www.econbiz.de/10014528208
How can a country improve the productivity growth in its business sector and reach its growth potential? Sweden during …
Persistent link: https://www.econbiz.de/10012002862
aggregate structural change. Rising manufacturing productivity and falling international trade costs further contribute to the … growth of large services firms in the densest urban areas, boosting services productivity and services exports, but also land …
Persistent link: https://www.econbiz.de/10014442769