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accelerated. We find that human capital positively affects output per worker and productivity growth. In particular, in terms of … robust to model specifications and estimation methods. The spillover effect appears to be much stronger before 1994. We …
Persistent link: https://www.econbiz.de/10013325091
specification of TFP is based on a "neo-Schumpeterian" empirical specification in which productivity improvements depend on growth … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both … to reduce the productivity performance of firms. The negative effect is particularly strong on firms characterised by an …
Persistent link: https://www.econbiz.de/10013129907
) shifts with productivity growth. On this basis we estimate a dynamic system of macrolabour equations to evaluate the slope of …-run. Furthermore, during the stagflating 70s, the productivity slowdown contributed substantially to the increases in both unemployment … monetary expansion and productivity speedup of the roaring 90s were both responsible for the significant lowering of the …
Persistent link: https://www.econbiz.de/10013158034
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
unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …
Persistent link: https://www.econbiz.de/10013321303
This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …-in-differences" framework, which exploits likely differences in the productivity effect of dismissal regulations in different industries. Our …
Persistent link: https://www.econbiz.de/10013325106
Education, general health, and reproductive health are key indicators of human development. Investments in these domains can also promote economic growth. This paper argues for the importance of human development related investments based on i) a theoretical economic growth model with poverty...
Persistent link: https://www.econbiz.de/10012840892
stress in Mexico and this retards the growth of skills of workforce. (2) The informal sector is large, mostly due to the …
Persistent link: https://www.econbiz.de/10013148068
economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those … for the divergent mobility hypothesis in scattered years in the cases of Mexico and Venezuela, and no support at all in …
Persistent link: https://www.econbiz.de/10013316682
on her child's secondary education in Mexico and find that the children of Mexican mothers with greater autonomy in … uncorrelated with the ones driving location choice of families given the migration patterns in Mexico. However, the positive …
Persistent link: https://www.econbiz.de/10013131165