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role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10010269571
in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union …
Persistent link: https://www.econbiz.de/10010261606
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/10010280726
process which depends on parents' purposeful investment on the trait and the social environment where children live. In a …
Persistent link: https://www.econbiz.de/10010267690
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …
Persistent link: https://www.econbiz.de/10010282152
data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for evidence … of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover effects … from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector spillovers …
Persistent link: https://www.econbiz.de/10010269519
to higher school productivity. We discuss the evidence in this area, concluding that the impact of competition has proven … to be more mixed and modest than expected. We suggest that this in fact should not be surprising, since economic theory …
Persistent link: https://www.econbiz.de/10010291369
The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … investment part of the model is poor if hiring is left out completely or is introduced without the interaction between the two …
Persistent link: https://www.econbiz.de/10010287683
Using a Cox proportional hazard model that allows for a flexible time dependence in order to incorporate business cycle effects, we analyze the determinants of reemployment probabilities of young workers in the U.S. from 1978-1989. We find considerable changes in the chances of young workers...
Persistent link: https://www.econbiz.de/10010268048
by job-matching theory, worker mobility has significant residual persistence over time. Finally, younger cohorts, among …
Persistent link: https://www.econbiz.de/10010268864