Showing 1 - 9 of 9
I speculate that technological spillover effects may have become more important over time as IT penetrated the U.S. economy. The rationale is that IT may speed up the process of knowledge transfer and make these knowledge spillovers more effective. Using US input-output tables for years 1958,...
Persistent link: https://www.econbiz.de/10013068477
This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …-owned firms affects the productivity of local firms in that sector and whether there is any evidence of convergence between that … industry's productivity level and that of the United States. The main results can be summarized as follows: First, productivity …
Persistent link: https://www.econbiz.de/10013217612
The age structure of capital plays an important role in the measurement of productivity. It has been argued that the … productivity measurement. A proposition proves that Nelson's (1964) formula is wrong. Our final proposition shows that inclusion of … the vintage effect prompts an upward correction of measured productivity growth in times of an aging stock of capital …
Persistent link: https://www.econbiz.de/10013240940
annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement … operating costs for 1979-1990. We find a significant negative relationship between pollution abatement costs and productivity … deviation increase in abatement costs is predicted to reduce productivity by 5.4 percent. Older plants appear to have lower …
Persistent link: https://www.econbiz.de/10013243926
We analyze the connection between productivity, pollution abatement expenditures, and other measures of environmental … factor productivity levels and growth rates. Plants with higher abatement cost levels have significantly lower productivity … with the equivalent of $1.74 in lower productivity for paper mills, $1.35 for oil refineries, and $3.28 for steel mills …
Persistent link: https://www.econbiz.de/10013245716
is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …
Persistent link: https://www.econbiz.de/10013313640
This paper presents estimates of the impact of OSHA and EPA regulation on productivity. Production information for 1450 … significantly lower productivity growth, and a greater productivity slowdown, than industries that faced lower regulation. Under … certain assumptions, the regulation is estimated to have reduced average industry productivity growth by .57 percent per year …
Persistent link: https://www.econbiz.de/10013322362
We analyze the connection between productivity, pollution abatement expenditures, and other measures of environmental … total factor productivity, both levels and growth rates, and both annual measures and averages over the period. We find a … strong connection between regulation and productivity when regulation is measured by compliance costs. More regulated plants …
Persistent link: https://www.econbiz.de/10013323563
This paper provides technical documentation to accompany the NBER manufacturing productivity (MP) database. The … estimates of total factor productivity (TFP) growth for each industry. The paper further discusses alternate methods of …
Persistent link: https://www.econbiz.de/10014157946