Showing 1 - 10 of 38
productivity and capital, the paper analyses service sector growth in detail. It argues that a careful consideration of the forces …
Persistent link: https://www.econbiz.de/10011604096
This paper provides an overview of the currently available evidence on the importance of information and communication …
Persistent link: https://www.econbiz.de/10011604168
We estimate the rate of embodied technological change directly from plant-level manufacturing data on current output and input choices along with histories on their vintages of equipment investment. Our estimates range between 8 and 17 percent for the typical U.S. manufacturing plant during the...
Persistent link: https://www.econbiz.de/10011604204
Capital quality improvement is a general phenomenon. Therefore quality correction is needed in price indexes. There is substantial evidence of biases in the official price indexes of capital equipment. We apply to euro area statistics estimates of these biases based on US data thus deriving...
Persistent link: https://www.econbiz.de/10011604414
The aim of this paper is to improve our understanding of the key determinants of intra- and extra-euro area imports …
Persistent link: https://www.econbiz.de/10011604578
This paper asks two questions. First, can we detect empirically whether the shocks recovered from the estimates of a …
Persistent link: https://www.econbiz.de/10011604678
Employment in Vietnam and elsewhere in Asia has grown more slowly than GDP over the last several decades. This means GDP per capita is rising. Vietnamese policymakers, however, are concerned that ongoing structural transformation is creating too few jobs. We use data for seven aggregated sectors...
Persistent link: https://www.econbiz.de/10011418660
The main aim of this Discussion Paper is to acquaint the Russian-speaking reader with theoretical issues of the …
Persistent link: https://www.econbiz.de/10010299426
level, which thus leaves room for elite capture. This paper compares and contrasts two case studies, both of which take … paper suggests that, while the - counter-elite - approach is not necessarily effective in challenging elite domination … authority of the elites and worsening poverty by implementing 'anti-poor' policies. This paper concludes that the success of …
Persistent link: https://www.econbiz.de/10010280206
We analyze social learning and innovation in an overlapping generations model in which available technologies have correlated payoffs. Each generation experiments within a set of policies whose payoffs are initially unknown and drawn from the path of a Brownian motion with drift. Marginal...
Persistent link: https://www.econbiz.de/10010282918