Similar Search Results

The Norwegian productivity puzzle - not so puzzling after all?

von Brasch, Thomas - 2015

The Norwegian productivity puzzle is rooted in three seemingly contradictory "facts": First, Norway is one of the most productive OECD countries. Second, Norway has experienced high growth in productivity. Third, Norway has a relatively low level of R&D intensity. In this article, I show that...

Persistent link: https://www.econbiz.de/10011968566

A conceptual note on the aggregation of international prices using index numbers

Benedictow, Andreas; Boug, Pål - 2011

Aggregation of international prices in empirical work is generally based on well known index number formulas. However …

Persistent link: https://www.econbiz.de/10011968426

The cost-of-living index with trade barriers: Theory and evidence

von Brasch, Thomas - 2013

The standard cost-of-living index hinges on the assumption that there is free trade. Applying it to situations where trade barriers are present yields biased results with respect to a true cost-of-living index. Import price indices are particularly vulnerable to this bias since many of the goods...

Persistent link: https://www.econbiz.de/10011968521

Calculating the real return of the Norwegian Government Pension Fund Global by alternative measures of the deflator

Benedictow, Andreas; Boug, Pål - 2014

choices of international price measure, weighting scheme and method of aggregation generally are of major importance for the … relatively slow, possibly due to strong international competition. Applying a method of aggregation tailored to also capture the … deflator, based on CPI inflation in the countries the GPFG invests in, delivers an estimate of average annual real return of 3 …

Persistent link: https://www.econbiz.de/10011968545

Understanding the productivity slowdown. The importance of entry and exit of workers

von Brasch, Thomas; Cappelen, Ådne; Iancu, Diana-Cristina - 2015

Many OECD countries have experienced a slowdown in measured labour productivity from 2005 and onwards. Norway is no exception in this respect. Most countries use a simple aggregate of hours worked when measuring labour productivity. One way to improve measurement of labour services is to control...

Persistent link: https://www.econbiz.de/10011968588

An application of partial least squares to the construction of the Social Institutions and Gender index (SIGI) and the Corruption Perception Index (CPI)

Yoon, Jisu; Klasen, Stephan - 2015

relevant determinants. As the measure of corruption we use the Corruption Perception Index (CPI), considering alternative …

Persistent link: https://www.econbiz.de/10010504411

On measuring the contribution from firm turnover to aggregate productivity growth. Selection on profitability and not productivity

von Brasch, Thomas - 2015

Foster et al. (2001) outline a framework that is commonly used to identify the contribution from firm turnover to aggregate productivity growth. The framework is not derived from economic theory and it implies that productivity levels determine the contribution from reallocation and firm...

Persistent link: https://www.econbiz.de/10011968589

Productivity growth, firm turnover and new varieties

von Brasch, Thomas; Iancu, Diana-Cristina; Raknerud, Arvid - 2018

We reconcile two different strands of the literature: the literature on how new goods impact prices and the literature on productivity growth and firm turnover. To our knowledge, this is the first paper to provide a fully consistent decomposition of aggregate productivity growth that identifies...

Persistent link: https://www.econbiz.de/10011968642

Measuring and Decomposing Capital Stock and Service Values: Should Capital Quality be given a Place?

Biørn, Erik - 2007

Aggregation of tangible capital assets across vintages and decomposition of value aggregates into quantities and prices …

Persistent link: https://www.econbiz.de/10011968288

The Measurement of the Energy Intensity of Manufacturing Industries: A Principal Components Analysis

Bernard, Jean-Thomas; Cote, Bruno - 2002

Energy intensity is the ratio of energy use to output. Most industries deal with several energy sources and outputs. This leads to the usual difficulties of aggregating heterogeneous inputs and outputs. We apply principal components analysis to assess the information derived from six energy...

Persistent link: https://www.econbiz.de/10005399448