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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
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different …
Persistent link: https://www.econbiz.de/10011378136
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative …. Empirical studies concerning these two factors indicate that unpredictable variations in economic productivity have a negative …
Persistent link: https://www.econbiz.de/10011343279
How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this …&D from profit-maximizing firms. The uncertainty arises from the productivity of these investments in R&D. The main result of … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …
Persistent link: https://www.econbiz.de/10011326963
, the individual team productivity of a worker or player is difficult to conceptualize. This is particularly true, if this … individual team productivity which is closely related to eigenvalue centrality; accordingly we refer to it as eigenvalue … productivity. For each version of eigenvalue productivity we provide an example demonstrating the operability of our concept. …
Persistent link: https://www.econbiz.de/10010224770
The empirical economic growth literature is criticized for its lack ofrobustness. For different definitions of robustness, conclusions vary from 'almost everycorrelation is fragile' to 'a substantial number of explanatory variables are robust.' Were-analyze the empirical results of the economic...
Persistent link: https://www.econbiz.de/10011326970
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge …
Persistent link: https://www.econbiz.de/10010253459
We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are … connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the …
Persistent link: https://www.econbiz.de/10011688459
suggested by new growth theory, while addressing the variable selection problem by means of Bayesian model averaging …. Controlling for variable selection uncertainty, we confirm the evidence in favor of new growth theory presented in several earlier …
Persistent link: https://www.econbiz.de/10011382708
dirty technology can be unlocked and move towards the clean technology. The main extension involves the inclusion of the …
Persistent link: https://www.econbiz.de/10011382078