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In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10010268166
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/10010268745
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/10010271226
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important but specific function in the economy. They engender relatively much employment creation, productivity growth …
Persistent link: https://www.econbiz.de/10010277005
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/10010333318
studies conducted so far focus alone on the productivity effects of offshoring at the firm level. Here I carry out the … analysis of both the employment and productivity effects at the aggregate level of the industry, covering the years 1980 …. On the other hand, positive effects on the growth rate of productivity are found as a result of both types of offshoring …
Persistent link: https://www.econbiz.de/10010278561
This paper discusses the link between R&D and productivity across the European industrial and service sectors. The … impact on labour productivity; this general result is largely consistent with previous literature in terms of the sign, the …, R&D investment is not the sole source of productivity gains; technological change embodied in gross investment is of …
Persistent link: https://www.econbiz.de/10010269087
of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10010267501
's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements. …
Persistent link: https://www.econbiz.de/10010269463