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Labour productivity is defined as output per unit of labour input. Economists acknowledge that technical progress as well as growth in capital inputs increases labour productivity. However, little attention has been paid to the fact that changes in labour input alone could also impact labour...
Persistent link: https://www.econbiz.de/10009025254
We introduce two new indexes of labour productivity growth. Both indexes are intended to capture the shift in the short-run production frontier, which can be attributed to technological progress or growth in capital inputs. The two indexes adopt distinct approaches to measuring the distance...
Persistent link: https://www.econbiz.de/10009025266
-2004 average) could strongly affect the projections. • Finally, an assumption of productivity convergence in levels substantially …
Persistent link: https://www.econbiz.de/10005619654
Using Russian data, it is showт that different assessment techniques of cathing-up development lead to opposite conclusions: according to current PPPs we have seen the cathing-up in per capita GDP during 1990-2012 period, but according to constant PPPs – we have not. It is argued that current...
Persistent link: https://www.econbiz.de/10011109619
This paper studies absolute and conditional convergence (alfa and beta-convergence too,) in Mexico over the period 1970 …-1995. I use the neoclassical growth model and a cross-section data for empirics. I find evidence of conditional convergence … (near at traditional 2% rate) for full period but different rates for other periods. I find also a faster convergence rate …
Persistent link: https://www.econbiz.de/10005790376
In recent years the availability of new industry-level data allowed to evaluate the impact of labour market policies more consistently than previous standard cross-country studies. In this paper an industry-level panel is exploited to evaluate the impact of less stringent Employment Protection...
Persistent link: https://www.econbiz.de/10008684890
In this article, we study the impact of temporary employment (TE) on productivity and, in particular, we wonder if it differs according to sectors skill intensity. Our data set is an ad-hoc industry-level panel of European countries, which allows to deal with endogeneity problems. Our main...
Persistent link: https://www.econbiz.de/10011108458
Recent studies continue to indicate the existence of a narrow relationship between flexible work organizations and the economic growth, in particular, Sweden and Germany. The measure of this relationship is many times the result of the value added per worker. Therefore, the causes of economic...
Persistent link: https://www.econbiz.de/10005837053
The Private Sector Development Project (PSDP) was a culmination of the renewed commitment of the Government of Ghana to accelerate the pace of development of Ghana’s private sector. The project was also a direct result of the Business Community’s own assessment of Lingering issues which...
Persistent link: https://www.econbiz.de/10009295279
This study analyzes the total factor productivity of 1,067 Japanese manufacturing firms. In production estimation, we employ the directional distance function and Luenberger productivity indicator. Research and development strategy survey data are used to analyze the determinant factors related...
Persistent link: https://www.econbiz.de/10011112811