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Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10014396587
States, in sharp contrast with both emerging Asia and emerging Europe. This paper argues that lack of convergence was not the …
Persistent link: https://www.econbiz.de/10012252005
Persistent link: https://www.econbiz.de/10012392481
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that China's productivity convergence remains at an early stage, with the industrial sector more advanced than services …
Persistent link: https://www.econbiz.de/10012154921
explained by changes in literacy rates and factor accumulation, but not by growth of total factor productivity (TFP …
Persistent link: https://www.econbiz.de/10014402048
The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise …. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and … generate a larger share of their revenues from exports than other firms. This is particularly true in Asia, where firms have 30 …
Persistent link: https://www.econbiz.de/10012102077
A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...
Persistent link: https://www.econbiz.de/10012252486
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We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in advanced economies. This contribution is typically small, except in the United States. We explore two possible explanations: the high initial manufacturing wage premium and the high...
Persistent link: https://www.econbiz.de/10012103689