Showing 1 - 10 of 50
We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978-2008. The aggregate German economy is characterized by a secular decline of manufacturing and a rise of modern service industries. This trend– also known as Petty's law – is not...
Persistent link: https://www.econbiz.de/10013054568
In this paper we explore the role of the sectoral composition of gross domestic product (GDP) in explaining the behaviour of youth labour markets. We provide a comparison of the behaviour of youth unemployment rates, employment-population rates, and labour force participation rates between...
Persistent link: https://www.econbiz.de/10012870223
productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …
Persistent link: https://www.econbiz.de/10013325040
accelerated. We find that human capital positively affects output per worker and productivity growth. In particular, in terms of …
Persistent link: https://www.econbiz.de/10013325091
foreign direct investment on the labour productivity of domestic firms. A key policy change during this time period was the … foreign firm ownership and BEE on labour productivity. Regardless of the empirical specification we find no spill over effects … and no evidence that a greater degree of BEE compliance by foreign firms influences labour productivity …
Persistent link: https://www.econbiz.de/10013119015
We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the program on village welfare and structural transformation...
Persistent link: https://www.econbiz.de/10013223995
How does foreign direct investment (FDI) liberalization shape structural transformation and demographic change in developing countries? We provide new evidence on this question using five waves of Chinese census data between 1990 and 2015, exploiting quasi-exogenous variation in FDI...
Persistent link: https://www.econbiz.de/10014357521
evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly … taking differences along the conditional productivity distribution and firms with extreme values, or outliers, into account …) indicate that the productivity pecking order found in numerous studies using data for firms from manufacturing industries …
Persistent link: https://www.econbiz.de/10013119546
strong cross-firm association of FDI wage premia with similar differentials in productivity …
Persistent link: https://www.econbiz.de/10013088998
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013039087