Showing 1 - 10 of 346
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
difference is in labor productivity differentials between services and the rest of the economy. Specifically, the gap between … labor productivity in the rest of the economy and services has widened across China's provinces as they have moved from low …'s provinces suggests that credit and labor market frictions have inhibited labor productivity growth in services relatively more …
Persistent link: https://www.econbiz.de/10013071364
This paper examines the impact of highway expansion on aggregate productivity growth andsectoral reallocation between … indirect impact of trade costs on city productivity. I then construct an instrumentalvariable to examine the causal impact of … highways on economic outcomes and the underlyingchannels. The results suggest that highways promoted aggregate productivity …
Persistent link: https://www.econbiz.de/10012895102
This paper provides an empirical benchmarking of growth, productivity and export patterns for developing NREs against … lower incomes. Despite productivity convergence in mining, as expected, productivity growth in manufacturing and services … was generally lower in NREs. Exceptions are few, in East Asia and the CIS area which experienced broad-based productivity …
Persistent link: https://www.econbiz.de/10013015610
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10013102273
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
Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …
Persistent link: https://www.econbiz.de/10013080849
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
environment for innovation and entrepreneurship to draw the economy into higher productivity activities …
Persistent link: https://www.econbiz.de/10013019027
labor force participation is positively associated with labor productivity growth. Using panel data for 10 Canadian … educational attainment would raise Canada's overall labor productivity growth by 0.2 to 0.3 percentage point a year. This suggests …
Persistent link: https://www.econbiz.de/10012950374