Showing 1 - 10 of 1,547
models suggest that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a …-level exposure to the 2008-9 financial crisis, I show that tight credit reduced investments in productivity-enhancement, and has … 12% higher today if productivity-enhancing investments had grown at pre-crisis rates. …
Persistent link: https://www.econbiz.de/10011573282
2019, using a Vector Autoregressive (VAR) approach. We assess whether higher investment levels drive economic growth and … dynamic relationships between them. The findings show that private investment consistently stimulates growth, while public … investment’s impact varies by country. The analysis underscores the importance of investment sequencing, suggesting the need for …
Persistent link: https://www.econbiz.de/10015081346
It is well recognised that the issue of the social rate of discount applies only to the gains from public investment … that accrues to the public sector. When it comes to measurement, however, there is a problem: public investment in … plausibly argued to lead to increases in factor productivity in the private economy. This paper observes that government …
Persistent link: https://www.econbiz.de/10011514079
SMPEs with positive taxable income increased investment, interest expense and productivity. SMPEs in taxable losses did not …
Persistent link: https://www.econbiz.de/10012668013
IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to …
Persistent link: https://www.econbiz.de/10013368656
-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …
Persistent link: https://www.econbiz.de/10003888063
question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital …-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …
Persistent link: https://www.econbiz.de/10003898815
incomes in the east have now reached the western level, and investment per capita has been much higher than in the w est …. However, every third deutschmark spent in the east has been coming from the west, investment in equipment has fallen below the … west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of …
Persistent link: https://www.econbiz.de/10009781521
high-productivity firms for investment and productivity enhancement, the latter suggests credit misallocation towards … exhibit a significant investment boost despite receiving more loans. However, these high-productivity firms displayed positive … study aims to examine whether the capital injections primarily benefited high-productivity firms or were misallocated to …
Persistent link: https://www.econbiz.de/10014334373
This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …
Persistent link: https://www.econbiz.de/10011400788