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Unraveling the Productivity Growth Slowdown in the U.S., Canada and Japan : the Effects of Subequilibrium, Scale Economies and Markup

Morrison Paul, Catherine J. - 2021

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

Markups in U.S. And Japanese Manufacturing : a Short Run Econometric Analysis

Morrison Paul, Catherine J. - 2021

In this paper a production theory-based model of firms' markup behavior is constructed. The theoretical structure is based on variants of generalized Leontief cost and expenditure functions. This structure yields a full specification of behavior from which the impacts of both supply and demand...

Persistent link: https://www.econbiz.de/10013245528

Productivity Growth and Changes in the Terms of Trade in Japan and the U.S

Morrison Paul, Catherine J.; Diewert, W. Erwin - 2021

and productivity for changes in a country's terms of trade. We apply this procedure to a comparison of two major …

Persistent link: https://www.econbiz.de/10013218834