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holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …
Persistent link: https://www.econbiz.de/10010369179
. And this is the question which this paper examines, utilising cross-country panel data on R&D investment, patent …
Persistent link: https://www.econbiz.de/10010369242
Long-Run Structural and Productivity Change in U.S. Agriculture: Effects of Prices and Policies by Wallace E. Huffman … or specialized and (2) an econometrics examination of causes of structural and total factor productivity (TFP) change for …
Persistent link: https://www.econbiz.de/10010369160
A consensus has been forged in the last decade that recent periods of sustained growth in total factor productivity and …, particularly in low-income countries. Estimates of the productive returns from these three forms of human capital investment are …
Persistent link: https://www.econbiz.de/10010369257
Persistent link: https://www.econbiz.de/10010369231
Persistent link: https://www.econbiz.de/10010369149
improvements were recorded in the overall productivity growth and spatial distribution of manufacturing which appear to be due … mainly to the lack of basic infrastructure and the shortage of skilled manpower. Thus, appropriate investment policies, which …
Persistent link: https://www.econbiz.de/10010369175
This paper investigates the impacts of cotton marketing reforms on farm productivity, a key element for poverty … productivity in cotton declined. With the improvement of the outgrower scheme of later years, farmers devoted larger shares of land … to cash crops, and farm productivity significantly increased. …
Persistent link: https://www.econbiz.de/10010369207
This paper builds a general test of contagion in financial markets based on bivariate correlation analysis - a test … that can be interpreted as an extension of the normal correlation theorem. Contagion is defined as a structural break in … contributions in the literature as special cases of our test. We show that, while the literature on correlation analysis of …
Persistent link: https://www.econbiz.de/10010369183
What is the relation between infrequent price adjustment and the dynamic response of the aggregate price level to monetary shocks? The answer to this question ranges from a one-to-one-link (Calvo, 1983) to no connection whatsoever (Caplin and Spulber, 1987). The purpose of this paper is to...
Persistent link: https://www.econbiz.de/10010264858