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Korea imports all of its primary energy, which leads to high dependency and vulnerability related to its energy supply. Efficiency in the use of energy is a way to reduce dependency and emissions. This study provides empirical results of the stochastic production process in energy use. Special...
Persistent link: https://www.econbiz.de/10010339594
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … change in China has been induced by sharp increase in input prices that have accompanied its rapid economic growth. Utilizing … buffers a long-term decline in TFP growth that would otherwise be quite substantial. We conclude that China's economic growth …
Persistent link: https://www.econbiz.de/10012179650
technical change and TFP growth of provinces. -- Technical change ; total factor productivity growth ; technology indicator …
Persistent link: https://www.econbiz.de/10003941555
productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic …. -- technical change ; TFP growth ; provinces ; China ; ICT ; FDI ; infrastructure …
Persistent link: https://www.econbiz.de/10003323158
This empirical study examines changes in industrial productivity in Korea between 1980 and 2009, focusing on how … investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor … productivity growth in 30 industrial sectors. Describing industry-specific productivity levels is important for policymakers when …
Persistent link: https://www.econbiz.de/10010339597
Electricity consumption will comprise an increasing share of global energy demand during the next two decades. In recent years, the increasing prices of fossil fuels and concerns about the environmental consequences of greenhouse gas emissions have renewed the interest in the development of...
Persistent link: https://www.econbiz.de/10010350361
The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … world economies, developed and developing. We begin with the importance of productivity growth for developing countries …, followed by a brief discussion of the concept of productivity and how it is measured. We discuss the concept of "decent work …
Persistent link: https://www.econbiz.de/10010207261
work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
Persistent link: https://www.econbiz.de/10014391202
inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …
Persistent link: https://www.econbiz.de/10011951702
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437