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Market completeness has important implications for household behavior. I firmly reject complete markets for smallholders but am unable to do so for non-smallholders. This leads to important differences in production behavior: smallholders reallocate labor across activities less in response to...
Persistent link: https://www.econbiz.de/10012823301
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
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...
Persistent link: https://www.econbiz.de/10013153508
A growing wave of co-location programmes promises to boost growth for entrepreneurs and young firms. Despite great public and policy interest we have little idea whether such programmes are effective. This paper categorises accelerators and incubators within a larger family of co-location...
Persistent link: https://www.econbiz.de/10012909866
We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional performance calculated using data on the provision of different areas of public services. In order to address...
Persistent link: https://www.econbiz.de/10013029621
productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic …
Persistent link: https://www.econbiz.de/10012780059
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10013147134
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