Showing 1 - 10 of 65
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to … understand sources of cross-country variations in agricultural TFP levels and its growth rates. Two factors affecting … agricultural TFP are analyzed in detail - imported intermediate inputs and climate. We first show that these two factors are …
Persistent link: https://www.econbiz.de/10012009267
result of low investment. Latin America is poorer because of lower human capital levels and lower TFP-not because of a lower … capital-output ratio. Cross-country differences of TFP in turn are associated with differences in human capital, governance … the result of low TFP and thus GDP growth-not the cause …
Persistent link: https://www.econbiz.de/10012252005
Using a new firm-level dataset on private and listed firms from 20 countries, we document five stylized facts on market power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm markups during 2000- 2015. Second, the markup...
Persistent link: https://www.econbiz.de/10012019850
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...
Persistent link: https://www.econbiz.de/10011436763
This paper discusses the risks of stagnation over the medium term in the euro area. It examines the consequences of longer-term growth trends that predate the crisis and the progress made in addressing the crisis legacies of high unemployment and debt. The paper illustrates in a downside...
Persistent link: https://www.econbiz.de/10011436794
At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of firms' decision making. The relatively high level of resource misallocation in India's formal manufacturing sector is well documented. We build on this research to further...
Persistent link: https://www.econbiz.de/10012518715
This paper argues that Japan’s excessive labor market duality can reduce Total Factor Productivity (TFP) due to a …
Persistent link: https://www.econbiz.de/10012667488
stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away from its …
Persistent link: https://www.econbiz.de/10012667490
We provide broad-based evidence of a firm size premium of total factor productivity (TFP) growth in Europe after the … Global Financial Crisis. The TFP growth of smaller firms was more adversely affected and diverged from their larger … TFP …
Persistent link: https://www.econbiz.de/10012487176
We show that domestic production networks shape worker flows between firms. Data on the universe of firm-to-firm transactions for the Dominican Republic, matched with employer-employee records, reveals that about 20 percent of workers who change firms move to a buyer or supplier of their...
Persistent link: https://www.econbiz.de/10012391964