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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
The process of globalization is an international economic order which has led to the progressive integration of the world economy through the pulling the barrier of trade and greater mobility of factors of production. In addition the technological innovation also provides impetus to the...
Persistent link: https://www.econbiz.de/10010267513
This paper has three objectives. The first is to discuss the major issues involved in defining and measuring child poverty. The choices that must be made are clarified, and a set of six principles to serve as a guide for public policy are stated. The second objective is to take stock of child...
Persistent link: https://www.econbiz.de/10010267535
This paper explores the link between the presence of unions in the workplace, the adoption of decentralized labor agreements and technical efficiency, using a large sample of Italian manufacturing firms. We apply the Data Envelopment Analysis, and its robust version based on bootstrap theory, to...
Persistent link: https://www.econbiz.de/10011584607
We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom of choice, absence of corruption, and generosity)...
Persistent link: https://www.econbiz.de/10013470432
We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole … from the EUKLEMS database. Our main findings are as follows. Over 2000-2005, market sector labour productivity grew at 2 … innovation contributed 61% (=(1.24+0.45)/2.74)of labour productivity growth over the period. …
Persistent link: https://www.econbiz.de/10010271890
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
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … input index with annual industrial census data from 1985 to 2001, we find that Soviet Russia displayed low reallocation … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …
Persistent link: https://www.econbiz.de/10010261809
We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
Persistent link: https://www.econbiz.de/10010262073