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This paper extends the learning-by-doing model of Alwyn Young (1991), which assumes bounded learning-by-doing in each industry and knowledge spillovers, from two perspectives. First, it introduces physical capital as another factor of production in addition to labor. Second, it takes into...
Persistent link: https://www.econbiz.de/10011113394
In this paper we study the efficiency and total factor productivity growth of Italian regions by implementing a … decomposition of productivity growth, conducted by means of Malmquist’s index, highlighted that also in Southern regions, in which …
Persistent link: https://www.econbiz.de/10011258688
general equilibrium model, this paper argues that climate change will negatively affect agricultural productivity in Africa …
Persistent link: https://www.econbiz.de/10011259199
productivity gains from R&D spillovers from the research cluster decline with (i) increasing geographic distance away from the …
Persistent link: https://www.econbiz.de/10011260792
1979. New data presented here show that Brazilian industry achieved significant labour productivity growth during the post … industries and firms. We also found that Brazil’s labour productivity growth lagged behind what was achieved in other …
Persistent link: https://www.econbiz.de/10008615046
that the productivity of skilled workers has risen relative to the unskilled, but it is not easy to explain why the … aggregate labour productivity was stagnant during the 1980s. Alternatively, I have constructed a theoretical model which assumes … that the demand for white-collar workers increases not because their productivity grows faster, but because increasing …
Persistent link: https://www.econbiz.de/10011111499
, the sector also contributed in an indirect way to economic growth by generating knowledge and productivity spill-overs for … characterised by a relatively weak productivity growth. Does this contribute to growth stagnation tendencies à la the so …-called “Baumol disease”? The paper argues that there is no reason to expect this as long as the productivity and growth spill …
Persistent link: https://www.econbiz.de/10005790451
Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...
Persistent link: https://www.econbiz.de/10011251881
Over the past decades, private R&D spending in the US and other developed countries has been growing faster than GDP. At the same time, the growth rates of per capita and aggregate output have been rather stable, possibly declining slightly. This paper proposes a growth model that can account...
Persistent link: https://www.econbiz.de/10011260218
The objective of this paper is to analyze the impact of the creative professions - technological employees and bohemians - on economic growth in Germany’s planning regions. It is concluded that technological employees and bohemians foster economic growth. We find that growth is particularly...
Persistent link: https://www.econbiz.de/10008694020