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Productivity, markups, and reallocation : evidence from French manufacturing firms from 1994 to 2016
De Monte, Enrico - 2024
markups are estimated based on a gross output translog production function using popular estimation methods. I find an …
Persistent link: https://www.econbiz.de/10014468964
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Product differentiation and quality in production function estimation
Hahn, Nadine - 2024
estimation. Even if inputs and outputs are observed in quantities, unobserved quality variation might bias production function … the estimation procedure and provide an application to the European car industry. …
Persistent link: https://www.econbiz.de/10014631677
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How does democracy cause growth?
Boese, Vanessa Alexandra; Eberhardt, Markus - 2023 - This version: July 6th, 2023
Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and … institutions, as witnessed recently in many countries, may jeopardise the perpetual growth effect of becoming a liberal democracy …
Persistent link: https://www.econbiz.de/10014334859
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Institutional interactions and economic growth: The joint effects of property rights, veto players and democratic capital
Justesen, Mogens K.; Kurrild-Klitgaard, Peter - Volkswirtschaftliche Fakultät, … - 2013
We investigate the possible interaction effects that the extent of property rights protection and separation of powers in a political system have on economic growth. Using analysis of panel data from more than countries over the period 1970-2010 we find that the growth effects of property rights...
Persistent link: https://www.econbiz.de/10011112508
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A global decline in research productivity? : evidence from China and Germany
Boeing, Philipp; Hünermund, Paul - 2020
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012239797
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Corruption’s and Democracy’s effects on Economic Growth
Zaouali, Amira - Volkswirtschaftliche Fakultät, … - 2014
Economists have a long argue that political process such as democracy and corruption are important for economic growth …. Our objective in this paper is to demonstrate that one of democracy's indirect posititive effects is its ability to …
Persistent link: https://www.econbiz.de/10011107346
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Empowerment as a zero-sum game
Knack, Stephen - Volkswirtschaftliche Fakultät, … - 2004
Empowerment of the poor does not necessarily make them better off – or make the non-poor worse off. In some cases, empowerment may be inefficient, i.e. a negative-sum game. In other cases, it is a zero-sum game, as the poor can benefit only at the expense of someone else. But in many cases, it...
Persistent link: https://www.econbiz.de/10008805840
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Economic growth through worker reallocation : the role of knowledge spillovers
Mäkynen, Eero - 2021
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10012583063
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Measuring the bias of technological change
Doraszelski, Ulrich; Jaumandreu Balanzo, Jordi - 2014
Persistent link: https://www.econbiz.de/10010461848
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A user cost approach to capital measurement in aggregate production functions
Knetsch, Thomas A. - 2012
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...
Persistent link: https://www.econbiz.de/10009507101