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quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much … education policy (pre-primary education) on human capital and productivity to demonstrate the usefulness of the new measure for …
Persistent link: https://www.econbiz.de/10013186787
This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests …
Persistent link: https://www.econbiz.de/10009781595
-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …
Persistent link: https://www.econbiz.de/10012388225
Persistent link: https://www.econbiz.de/10003496465
countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity …. Nonetheless, previous empirical studies often fail to account for productivity effects, and their results may overstate the role … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …
Persistent link: https://www.econbiz.de/10009489291
feed in taxes and labor productivities. To obtain this result it is crucial to measure the labor productivity of home …
Persistent link: https://www.econbiz.de/10011306108
The effect of changes in demographic structure on medium-run trends of key macroeconomic variables is estimated using a Panel VAR of 21 OECD economies. The panel data variability assists the identification of direct effects of demographics, while the dynamic structure uncovers long-term effects....
Persistent link: https://www.econbiz.de/10011457979
Persistent link: https://www.econbiz.de/10003630466
Persistent link: https://www.econbiz.de/10003630859
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using a neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction...
Persistent link: https://www.econbiz.de/10012546895