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either breed the exploited party or educate the exploited party not to detect exploitation. Thereby a higher productivity … than cooperation or prisoners´ dilemma is achieved. The higher productivity is a benefit for the group and one party on the …
Persistent link: https://www.econbiz.de/10008595615
We develop a simple estimator for production functions in the presence of endogenous productivity change that allows us … to retrieve productivity and its relationship with R&D at the firm level. Our dynamic investment model can be viewed as a … generalization of the knowledge capital model (Griliches 1979) that has remained a cornerstone of the productivity literature for …
Persistent link: https://www.econbiz.de/10005836877
This paper presents the results of long run labour productivity and GDP growth rate projections (until 2050) for each … employment and labour productivity. These base case projections reflect the working assumption of “no policy change … population is fairly limited, although it is accepted that the labour productivity of an individual is likely to decline after …
Persistent link: https://www.econbiz.de/10005619654
and faster growth. The positive impact of fixed capital accumulation on the average labour productivity level in the … labour productivity level to the respective indicator in the EU-15 (countries that entered EU before 2004). The Doctoral …
Persistent link: https://www.econbiz.de/10011260871
In order to obtain plausible scenarios of economic development in Romania up to the 2015 horizon, we used a mix of forecasting models, from ones classified as “medium-term” to those covering longer forecasting periods. Based on the analysis of the economic transition period we mainly used...
Persistent link: https://www.econbiz.de/10005835931
times and places. Productivity in cotton textiles, for example, grew at computer-industry rates, and continued to into the …
Persistent link: https://www.econbiz.de/10008555454
The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...
Persistent link: https://www.econbiz.de/10014153492
– Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K …
Persistent link: https://www.econbiz.de/10011259539
For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011259561
The article describes “the theory of value depreciation” developed by the author. In accordance with this theory, economic growth takes place using two inter-connected phenomena: (a) reduction in time necessary to produce “the set of goods currently consumed” (first form of value...
Persistent link: https://www.econbiz.de/10011260254