Showing 1 - 10 of 1,559
The paper applies an empirical model, based on the economic theory of public choice, to the Group of Seven countries … productivity lag in the government sectors of Canada, Japan, and the United States, but not those of France, Italy, or the United …
Persistent link: https://www.econbiz.de/10014395824
productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012301837
We provide the first direct estimates of distribution expenses incurred by manufacturing plants and assess their importance for aggregate output. Using a novel measure from the Indian Annual Survey of Industries, we document three key facts: (1) distribution expenses are large - they amount to...
Persistent link: https://www.econbiz.de/10013170582
What drove the UK productivity slowdown post-GFC, and how is the post-Covid recovery expected to differ? This paper …
Persistent link: https://www.econbiz.de/10012795165
Most macroeconomic models assume that aggregate output is generated by a specification for the production function with total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect substitutes. In this paper we test this assumption by...
Persistent link: https://www.econbiz.de/10012154588
this paper, we investigate whether higher productivity causally leads to lower tax evasion. We first present stylized facts … emerging and developing economies. Our results suggests that productivity improvements by firms can lead to lower tax evasion …
Persistent link: https://www.econbiz.de/10012154898
productivity and monetary policy. We identify a condition under which these asset prices become more volatile without affecting the … to productivity shocks. The model we set up does well at matching second moments of exchange rate and equity returns for …
Persistent link: https://www.econbiz.de/10014400236
productivity and that they impact the degree of R&D spillovers …
Persistent link: https://www.econbiz.de/10014400689
The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests there are two long-run cointegrating relationships. The...
Persistent link: https://www.econbiz.de/10014400700
I study the implications of productivity shocks in a model where agents observe the aggregate level of productivity but …
Persistent link: https://www.econbiz.de/10014400934