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This paper reviews a number of different methods that can be used to estimate potential output and the output gap. Measures of potential output and the output gap are useful to help identify the scope for sustainable noninflationary growth and to allow an assessment of the stance of...
Persistent link: https://www.econbiz.de/10005605416
, but not the employment of existing firms. We also find effects on labour productivity and wages at the firm level …This paper estimates the impact of road improvements on firm employment and productivity using plant level longitudinal … data for Britain. Exposure to transport improvements is measured by changes in employment accessibility along the road …
Persistent link: https://www.econbiz.de/10011125960
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects … for larger firms (e.g. over 150 employees). We also find the policy raises area level manufacturing employment mainly …
Persistent link: https://www.econbiz.de/10011126451