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Significant changes in the external orientation of manufacturing industries are observed in the United States, Canada …
Persistent link: https://www.econbiz.de/10013243629
, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …
Persistent link: https://www.econbiz.de/10012763337
Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from … productivity growth can be attributed to production characteristics other than technical change, particularly scale economies …
Persistent link: https://www.econbiz.de/10013213436
correct for this source of productivity change would have led to a 31% under estimate of long-run TFP growth in Canada arid a …In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in … Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of …
Persistent link: https://www.econbiz.de/10012755399
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) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …
Persistent link: https://www.econbiz.de/10013131308
We present the first comprehensive set of firm-level total factor productivity estimates for China's manufacturing … sector that spans her entry into WTO. We find that productivity growth is among the highest compared to other countries. For … our preferred estimate, the weighted average annual productivity growth for incumbents is 2.7% for a gross output …
Persistent link: https://www.econbiz.de/10013158016
sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
Persistent link: https://www.econbiz.de/10013219187
We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost … and sunk costs, and market power. We compare our measure of aggregate productivity growth to several competing variants … differ substantially from these measures of aggregate productivity growth. We illustrate this using panel data from …
Persistent link: https://www.econbiz.de/10013222069