Showing 61 - 70 of 355
-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed …-level productivity, fixed costs and demand shifters, and use 'exact hat algebra' to quantify the effects of a decline in trade costs on …
Persistent link: https://www.econbiz.de/10012895125
energy market reforms. This study uses manufacturingfirm census data from Ethiopia to identify productivity losses …-10 percent. We found nonlinear productivity losses at different quantilesalong the productivity distribution. Firms at higher …
Persistent link: https://www.econbiz.de/10012912504
This paper analyzes the effects of selected structural reforms on output and employment in the short and medium term. It uses a comprehensive cross-country firm-level dataset covering both advanced and emerging market economies over the period 2003-2014. In line with previous studies, it finds...
Persistent link: https://www.econbiz.de/10012918569
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
The Italian economy has been struggling with low productivity growth and bank balance sheet strains. This paper … examines the implications for firm productivity of adverse shocks to bank lending in Italy, using a novel identification scheme …-to-labor ratio, and productivity. The transmission from changes in credit supply to firm productivity relates to labor market …
Persistent link: https://www.econbiz.de/10012956377
This paper investigates the implications of lowering formal regulations in labor and product markets on informality and macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidities in the formal labor and product markets. Along with increasing GDP and...
Persistent link: https://www.econbiz.de/10012962160
had a significant negative impact on total factor productivity. Moreover, prefectures that aged at a faster pace … give strong support to the notion that demographic headwinds can have a non-trivial impact on total factor productivity and …
Persistent link: https://www.econbiz.de/10012962168
This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a … panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker … more disaggregated industry source data; and (ii) it allows for meaningful comparisons of the level of productivity across …
Persistent link: https://www.econbiz.de/10013025482
This paper proposes a new index of sectoral labor distortion using employment and valueaddedshares. We show that this index is highly correlated with growth both crosssectionallyand over time. We also use it to compare the degree of distortion amongcountries and identify sectors where the...
Persistent link: https://www.econbiz.de/10012945677
unemployment rate in this episode stems from two factors: (i) high growth rates of total factor productivity (TFP), experienced …
Persistent link: https://www.econbiz.de/10012998777