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This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component. Stochastic production frontier approach is used to simultaneously estimate the production function and the determinants of technical efficiency in the software intensive...
Persistent link: https://www.econbiz.de/10013016234
-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in … terms of the agricultural productivity gap, and the labor income share in non-agriculture and value-added factor shares. We … theory-based adjustment to our data, the average values for the aggregate and agricultural productivity-adjusted labor income …
Persistent link: https://www.econbiz.de/10012829919
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The … combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed …
Persistent link: https://www.econbiz.de/10013159334
We estimate direct and indirect effects of total factor productivity growth in manufacturing on US workers' earnings … experiences productivity gains in manufacturing, there are substantial local increases in employment and average earnings. For …. Strikingly, local productivity growth in manufacturing reduces local inequality, as it raises earnings of local less …
Persistent link: https://www.econbiz.de/10012870205
We use linked employer-employee microdata for New Zealand to examine the relationship between firm-level productivity … migrant workers with NZ-born workers, through the lens of a derived "productivity-wage gap" that captures the difference in … complementarities between the two groups or, at least, positive mutual sorting of these groups into higher productivity firms …
Persistent link: https://www.econbiz.de/10014078731
the same increase in the dual productivity growth (that is, the difference in productivity growth between the traded and … expected as a consequence of productivity convergence on the basis of the B-S effect …
Persistent link: https://www.econbiz.de/10013074886
Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE) misalignment on trade flows are symmetric, this paper considers a more general and realistic framework allowing for possible asymmetric effects. We use monthly time-series data over the...
Persistent link: https://www.econbiz.de/10014083735
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large … positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent … ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors …
Persistent link: https://www.econbiz.de/10013120145
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10012990873
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