Showing 1 - 10 of 287
We provide broad-based evidence of a firm size premium of total factor productivity (TFP) growth in Europe after the …
Persistent link: https://www.econbiz.de/10013250069
We show that an increase in aggregate uncertainty-measured by stock market volatility-reduces productivity growth more … using productivity growth for 25 industries for 18 advanced economies over the period 1985-2010-mitigates concerns with …
Persistent link: https://www.econbiz.de/10012977789
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during … indicate that sectors further behind the technological frontier experience faster productivity growth and that spending on …
Persistent link: https://www.econbiz.de/10013317383
This paper investigates the impact of structural reforms on productivity growth. A panel analysis of 20 OECD countries … finds that the impact of structural reforms on productivity growth may be weak or negative in the short run, possibly due to … run, however, structural reforms are found to have significantly positive effects on productivity growth …
Persistent link: https://www.econbiz.de/10013317962
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across … reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and … payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term …
Persistent link: https://www.econbiz.de/10012996099
in the effect and size of productivity shocks explain most of the gap in misallocation between manufacturing and services …, while the remainder is explained by differences in firm productivity and age distribution. We interpret these results as …
Persistent link: https://www.econbiz.de/10012966552
This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea’s labor … productivity and total factor productivity levels are below the median of other advanced economies. We identify sizable industry …-level productivity gaps in Korea with respect to the global frontier, especially in market-oriented services. Using the OECD’s Product …
Persistent link: https://www.econbiz.de/10014236304
provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the … specific channels through which high debt affects productivity growth and the allocation of resources in Jamaica, the study … excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …
Persistent link: https://www.econbiz.de/10012778208
suggested that these differences should be driven by cross-country differences in total factor productivity (TFP). This paper … discusses various measures of productivity and its determinants for the OECD countries from different dimensions: (i) the … measurement perspective; (ii) evidence on the evolution of productivity levels across OECD countries; and (iii) a critical review …
Persistent link: https://www.econbiz.de/10013317892
This paper examines the impact of Dollar exchange rate volatility on firm productivity in Emerging Markets economies … volatility reduces firm productivity growth. Exploring channels, its finds that the results are driven by countries with low …
Persistent link: https://www.econbiz.de/10014350158