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that China's productivity convergence remains at an early stage, with the industrial sector more advanced than services … transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China's convergence progress in …-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural …
Persistent link: https://www.econbiz.de/10012154921
This paper studies the evolution of worldwide military spending during 1970-2018. It finds that military spending in relation to GDP is converging, but into three separate groups of countries. In the largest group, responsible for 90 percent of worldwide spending, outlays have remained...
Persistent link: https://www.econbiz.de/10012103746
time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …
Persistent link: https://www.econbiz.de/10012604751
Persistent link: https://www.econbiz.de/10012605015
the growth in labor. If GDP is divided by labor, productivity growth appears to have been slower than in peers. This … chapter discusses both exogenous and endogenous factors behind the disappointing productivity growth in the Netherlands and …
Persistent link: https://www.econbiz.de/10012300638
productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … 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
have also contributed to increasing productivity and long-term growth. We explore empirically the impact of GVC … participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the … industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and …
Persistent link: https://www.econbiz.de/10012252668
. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and … percent higher productivity and generate about 50 percent more of their revenues from exports. The results presented in this … productivity and exports when essential elements are in place for its effective use, such as reliable electricity …
Persistent link: https://www.econbiz.de/10012102077
Italy's labor productivity in market services has declined since 2000, underperforming manufacturing and peer European …
Persistent link: https://www.econbiz.de/10012177630
This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between … and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal … productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to …
Persistent link: https://www.econbiz.de/10011978605