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This study measures productivity growth using the Metafrontier Malmquist-Luenberger productivity growth index (MML …-Luenberger (ML) productivity growth index. MML has two advantages compared with the ML index. The former is able to consider … index is employed to measure productivity growth and decompose its components in 14 Korean industrial sectors during the …
Persistent link: https://www.econbiz.de/10009717884
the effects of temperature on firm-level total factor productivity (TFP), factor inputs, and output. We detect an inverted …
Persistent link: https://www.econbiz.de/10011760107
substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …
Persistent link: https://www.econbiz.de/10012266990
productivity across Ghana and South Korea. The labour productivity differentials across these firms exceed those implied by macro … show that if we allow for a non-linear effect of education on output the whole of the average productivity differences …
Persistent link: https://www.econbiz.de/10011289948
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
Belgian linked employer-employee panel data, our findings show that firm agreements increase both wage costs and productivity … that firm agreements exert a stronger impact on wages than on productivity, so that profitability is hampered. However … wages beyond productivity when the rents to be shared between workers and firms are relatively big. Overall, this suggests …
Persistent link: https://www.econbiz.de/10011871316
We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978-2008. The aggregate German economy is characterized by a secular decline of manufacturing and a rise of modern service industries. This trend - also known as Petty's law - is not...
Persistent link: https://www.econbiz.de/10010350823
the south of the country, (2) the effect of the mining output shock on output and productivity growth in other sectors …
Persistent link: https://www.econbiz.de/10013332119
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component. Stochastic production frontier approach is used to simultaneously estimate the production function and the determinants of technical efficiency in the software intensive...
Persistent link: https://www.econbiz.de/10011309152
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