Showing 1 - 10 of 1,015
of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and operate on international markets) on the productivity dynamics of enterprises. Using a unique balanced panel of 681 … show that exposure to deep reform have lead to higher productivity realisations while remaining under state ownership. …
Persistent link: https://www.econbiz.de/10010261956
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China … 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
further use the Olley-Pakes methodology to estimate total factor productivity (TFP) and show that TFP has increased in most …
Persistent link: https://www.econbiz.de/10010261662
specific institutional setting: The North American Free-Trade Agreement (NAFTA). We compare plants' productivity growth and … the more significant vehicle for productivity enhancing effects of trade openness. Investment in technology is, by far …, most strongly correlated with plant productivity. Like productivity, job turnover at firm level is strongly influenced by …
Persistent link: https://www.econbiz.de/10010261765
productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …
Persistent link: https://www.econbiz.de/10010268841
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/10010278787
This paper argues that international migration of high-skilled workers triggers productivity effects at the macro level … capita, total factor productivity, and wages of skilled workers between pairs of source and destination countries. These …
Persistent link: https://www.econbiz.de/10010283954
, education and demographic characteristics affects the productivity of firms in Denmark. Implementing a structural estimation of … firm's value added. Conversely, diversity in ethnicity and demographics induces negative effects on firm productivity …
Persistent link: https://www.econbiz.de/10010289982
of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in …
Persistent link: https://www.econbiz.de/10010261614
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … change in China has been induced by sharp increase in input prices that have accompanied its rapid economic growth. Utilizing … buffers a long-term decline in TFP growth that would otherwise be quite substantial. We conclude that China's economic growth …
Persistent link: https://www.econbiz.de/10012207698