Showing 1 - 10 of 29
In 2009 and 2010, China undertook a 4 trillion Yuan fiscal stimulus, roughly equivalent to 12 percent of annual GDP … local governments may be a permanent decline in the growth rate of aggregate productivity and GDP …
Persistent link: https://www.econbiz.de/10012859162
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control … productivity; (ii) the labor productivity of state-owned firms converged to that of private firms; (iii) the capital productivity … of state-owned firms remained significantly lower than that of private firms; and (iv) total factor productivity (TFP …
Persistent link: https://www.econbiz.de/10012861063
Persistent link: https://www.econbiz.de/10012597004
Persistent link: https://www.econbiz.de/10009501292
Persistent link: https://www.econbiz.de/10011288911
In the wake of the U.S.-Canada Free Trade Agreement, both the U.S. and Canada experienced a sustained increase in job reallocation, including firms moving into exporting. The change involved big firms as much as small firms. To mimic these patterns, we formulate a model of innovation by both...
Persistent link: https://www.econbiz.de/10012859166
Cross-country price indexes are crucial to compare living standards between countries and to measure global inequality. An accurate measurement of these price indexes has proven to be a difficult task because of the lack of accurate data on the consumption patterns of different countries. In...
Persistent link: https://www.econbiz.de/10012823916
comparative advantage. We examine the effect on aggregate productivity of the convergence in the occupational distribution between …
Persistent link: https://www.econbiz.de/10012868164
Persistent link: https://www.econbiz.de/10003776587
Persistent link: https://www.econbiz.de/10003881163