Showing 1 - 10 of 654
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10013060122
This empirical study examines changes in industrial productivity in Korea between 1980 and 2009, focusing on how … investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor … productivity growth in 30 industrial sectors. Describing industry-specific productivity levels is important for policymakers when …
Persistent link: https://www.econbiz.de/10013033816
, environmental regulation, productivity, and consumer preferences have contributed to these reductions in pollution emissions. We …
Persistent link: https://www.econbiz.de/10013029138
productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …
Persistent link: https://www.econbiz.de/10013133623
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10013051449
education. The econometric evidence documents a strong relationship between ICT capital and productivity in both countries, even …
Persistent link: https://www.econbiz.de/10012750467
Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10013138258
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10013118054
Offshoring is generally believed to be productivity-enhancing and this belief is underpinned by economic theory. This … productivity. Estimating the impact of materials and business services offshoring on productivity growth with industry-level data … show that there is no productivity effect of materials offshoring, while business services offshoring leads to productivity …
Persistent link: https://www.econbiz.de/10013123598
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction … of wages to sectoral labor productivity is almost three times larger than the response to pure idiosyncratic (firm …
Persistent link: https://www.econbiz.de/10013124492