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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
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …
Persistent link: https://www.econbiz.de/10010261809
economic environment and their contributions to aggregate productivity growth in the period following the implementation of the … North American Trade Agreement (NAFTA). In all industries, an overwhelming share of aggregate productivity growth is … export status and provides an explanation for the lackluster average productivity performance of exporting plants. …
Persistent link: https://www.econbiz.de/10010268325
extensive and the intensive margins and the connection between exporting dynamics and plant-level total factor productivity … and account for a small share of gross, industry-level changes in exports, employment, output, and productivity. The … distribution of exports are positively correlated with changes in total factor productivity. Our results suggest that plants face …
Persistent link: https://www.econbiz.de/10010269312
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
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
-level productivity, demand shocks, and cost shocks, and use them to measure desired factor levels. We then estimate adjustment functions … frictions from factor adjustments would yield a dramatic increase in aggregate productivity through improved allocative …
Persistent link: https://www.econbiz.de/10010274528
deregulation. Road driver output is individualized, and pay is on the basis of a piece rate (mileage). However, road drivers work … companies paid more than those for TL companies, but in LTL the union earnings premium was maintained following deregulation and …
Persistent link: https://www.econbiz.de/10010282408
What are the factors that explain reversals in the implementation of structural reforms? Our main hypothesis is that reversals in different reforms are driven by different factors. This paper uses new reform indicators and presents novel evidence showing that (a) FDI inflows reduce the...
Persistent link: https://www.econbiz.de/10010282178