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This paper examines the drivers of the long-run structural transformation in Japan. We use a dynamic input-output framework that decomposes the reallocation of the total output across sectors into two components: the Engel effect (demand side) and the Baumol effect (supply side). To perform this...
Persistent link: https://www.econbiz.de/10012130126
In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead …
Persistent link: https://www.econbiz.de/10011596136
In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 … percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries … small firms, despite their lower productivity levels, is not responsible for the decline. We also cannot confirm the …
Persistent link: https://www.econbiz.de/10012600941
gains in labor productivity in recent decades in many developing countries. This paper offers a new perspective into the …. We argue that subnational differences in the intersectoral productivity gap between the nonfarm informal and formal … sectors constrain the productivity gain from structural transformation. In Ghana, intersectoral productivity gaps among the …
Persistent link: https://www.econbiz.de/10012519218
Persistent link: https://www.econbiz.de/10001790857
to be strongly affected by structural change. A one standard deviation growth in the movement of labor from low- to high-productivity …
Persistent link: https://www.econbiz.de/10012704919
How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
Persistent link: https://www.econbiz.de/10011415087
We study long-run trends in market hours of work and employment shifts across economic sectors driven by uneven TFP growth in market and home production. We focus on the substitutions between market and home production and on the structural transformation between agriculture, manufacturing and...
Persistent link: https://www.econbiz.de/10003523486
Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …
Persistent link: https://www.econbiz.de/10009558962
increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on …
Persistent link: https://www.econbiz.de/10010529431