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This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to include the stock of public capital as an additional factor input. We use patent applications to...
Persistent link: https://www.econbiz.de/10012677663
This paper benchmarks the efficiency of public expenditure in the social sectors in the Russian Federation relative to other countries and among the country's regions. It finds that there is substantial room for efficiency gains, particularly in health care and social protection, although less...
Persistent link: https://www.econbiz.de/10005599372
the next five years. The reasons behind this slowdown differ across the region. Lower productivity growth drives the … productivity growth is key to unlocking the region’s higher growth potential. For oil importers, raising physical capital …
Persistent link: https://www.econbiz.de/10011242348
is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in man …
Persistent link: https://www.econbiz.de/10009659894
supply factors such as productivity gains, materialized after long-fought restructuring efforts during the lost decade …
Persistent link: https://www.econbiz.de/10009620269
Intro -- Contents -- I. INTRODUCTION -- II. DATA -- III. ECONOMETRIC PRELIMINARIES -- IV. "INTERNATIONAL R&D SPILLOVERS" REVISITED -- V. INSTITUTIONS AND INTERNATIONAL R&D SPILLOVERS -- VI. CONCLUSIONS -- APPENDIX A: ALTERNATIVE SPECIFICATION -- APPENDIX B: DATA SOURCES AND DEFINITIONS --...
Persistent link: https://www.econbiz.de/10012682177
Contents -- I. INTRODUCTION -- II. THEORETICAL LITERATURE AND EMPIRICAL EVIDENCE -- III. THEORETICAL MODEL -- IV. DATA SOURCES AND VARIABLE CONSTRUCTION -- V. ESTIMATION METHODOLOGY AND RESULTS -- VI. CONCLUSIONS -- APPENDIXES
Persistent link: https://www.econbiz.de/10012682183
total factor productivity in the non-resource sector reduces the degree of des-investment in public capital commanded by … Factor Productivity -- Figure 5. Public Investment Management Index and Non-resource Sector Total Factor -- Figure 6 …
Persistent link: https://www.econbiz.de/10012690171
Persistent link: https://www.econbiz.de/10012691029
STORY -- IV. LOW PRODUCTIVITY: DOES THE LEVEL OF DEBT MATTER? -- V. HIGH DEBT AND DECLINING PRODUCTIVITY: THE CASE OF …
Persistent link: https://www.econbiz.de/10012691081