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This study attempts to analyze the causal relationship between inflation and productivity of labor and capital, in …, which are endogenous in case of Pakistan. We considered the relationship of inflation with two measures of productivity … (average and marginal productivity) of labor and capital controlling for capital labor ratio. The objective of this paper is to …
Persistent link: https://www.econbiz.de/10004976972
For several decades, the international community has aspired to integrate the social, economic and environmental dimensions of sustainability. Yet, no country has achieved the patterns of consumption and production that could sustain global prosperity in the coming decades. Thus, with the...
Persistent link: https://www.econbiz.de/10011107392
The impact of trade liberalization on productivity and economic growth has received considerable attention in recent … on productivity growth. We contribute to this literature by providing evidence on the productivity response to trade … productivity, implementing an estimation method developed by Olley and Pakes (1996). An inspection of the evolution of total factor …
Persistent link: https://www.econbiz.de/10011107630
-city areas. Standard empirical tests of the new trade models consistently find productivity-based ex ante self selection by … also goes along with positive productivity sorting. Ignoring this leads to upwardly biased estimates of the effect of … hypothesis. I find evidence that positive productivity self-selection is based on the combined effects of agglomeration and …
Persistent link: https://www.econbiz.de/10011107698
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
The ‘time’ is most precious, important resource but uncontrollable. Hence, one has to use the time effectively to succeed. Attitudes and values are the foundation of every country’s culture, and are the building blocks for developing business culture. The time consciousness is very...
Persistent link: https://www.econbiz.de/10011108116
productivity with economies adjusting to new levels following a shock. This suggests that the current recession will be embodied …
Persistent link: https://www.econbiz.de/10011108201
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
This paper examines the impact of transport infrastructure investment and transport sector productivity on South … rate, yet on the BVAR model it was influenced by inflation, domestic fixed transport investments, multi factor productivity …
Persistent link: https://www.econbiz.de/10011108467
farm size and per hectare agricultural productivity in India. It was subsequently argued that the higher productivity of …, National Sample Survey data show that small holdings in Indian agriculture still exhibit a higher productivity than large … holdings. This article contributes to the limited literature on farm size and productivity in small land holder's agriculture …
Persistent link: https://www.econbiz.de/10011108519