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This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …
Persistent link: https://www.econbiz.de/10011378362
industry level and the firm level using an unbalanced panel of 10646 French firms in 38 manufacturing industries over the …
Persistent link: https://www.econbiz.de/10011377461
The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...
Persistent link: https://www.econbiz.de/10011301152
The nature of energy and material resources in an endogenous growththeory framework is clarified. This involves three modifications of the conventional theory. Firstly, multiple feedback mechanisms or "growth engines" are identified. Secondly, a productionfunction distinguishesbetween resource...
Persistent link: https://www.econbiz.de/10011303864
two other approaches that rely on standard micro production data only: the productivity approach for which estimates of … about 0.30 using either the productivity or the accounting approach. Only exploiting firm-level information brings this …
Persistent link: https://www.econbiz.de/10010532584
productivity regression that relies on standard firm-level input and output data. We view these two regressions as reduced … matched firm-worker panel data sample for French manufacturing, we find that the industry distributions of the rent …-sharing parameters amount roughly to 0.40 and 0.30 for the productivity regression and to 0.20 and 0.16 for the wage determination …
Persistent link: https://www.econbiz.de/10011772944
growth. Over time, this bias towards labour-productivity growth is increasing in the aggregate manufacturing sector, while it … exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970 … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly …
Persistent link: https://www.econbiz.de/10011334858
Approximation formulae are developed for the bias of ordinary andgeneralized Least Squares Dummy Variable (LSDV …) estimators in dynamicpanel data models. Results from Kiviet (1995, 1999) are extended tohigher-order dynamic panel data models … with general covariancestructure. The focus is on estimation of both short- and long-runcoefficients. The results show that …
Persistent link: https://www.econbiz.de/10011313930
Through Monte Carlo experiments the small sample behavior is examinedof various inference techniques for dynamic panel … corrected versions of it are comparedwith IV and GMM regarding: coefficient bias, accuracy of varianceestimators - both of the … disturbances and of the coefficientestimators - and the actual size of coefficient tests. A reasonablysimple and consistent bias …
Persistent link: https://www.econbiz.de/10011313931
dynamic panel data models. The estimators are (nearly) unbiased andperform satisfactorily even for small samples in either the …
Persistent link: https://www.econbiz.de/10011325971