Showing 1 - 10 of 364
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted … all countries could expect sizeable gains in multifactor productivity from deregulation reforms …
Persistent link: https://www.econbiz.de/10013046151
's adjusted TFP data to identify impulse responses to news shocks about future productivity in a structural VAR. The vintage of …
Persistent link: https://www.econbiz.de/10012994911
This paper examines trends in the aggregate productivity of the pharmaceutical sector over the past three decades. We … incorporate Ricardo's insight about demand-driven productivity in settings of variable scarce resources, and estimate the industry … decline in the marginal productivity of industry investments that might suggest significant supply-side frictions. While we …
Persistent link: https://www.econbiz.de/10012981621
, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three …
Persistent link: https://www.econbiz.de/10012911090
We estimate direct and indirect effects of total factor productivity growth in manufacturing on US workers' earnings … experiences productivity gains in manufacturing, there are substantial local increases in employment and average earnings. For …. Strikingly, local productivity growth in manufacturing reduces local inequality, as it raises earnings of local less …
Persistent link: https://www.econbiz.de/10012917592
This paper develops a general theory of aggregation in inefficient economies. We provide non-parametric formulas for aggregating microeconomic shocks in economies with distortions such as taxes, markups, frictions to resource reallocation, financial frictions, and nominal rigidities. We allow...
Persistent link: https://www.econbiz.de/10012943616
This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an … earnings growth variance can be attributed to job mobility, which interacts with productivity shocks. We evaluate the effects …
Persistent link: https://www.econbiz.de/10014090932
The quality of governance depends on public sector worker productivity. We use micro data from China to document that … productivity costs of local disamenities. We find that the public sector productivity elasticities are larger than published … estimates of the private sector productivity elasticities with respect to pollution.Institutional subscribers to the NBER …
Persistent link: https://www.econbiz.de/10012891775
In many countries, unreliable inputs, particularly those lacking storage, can significantly limit a firm's productivity …. We estimate the losses in productivity due to factor-neutral and factor-biased effects of electricity scarcity. Our …. Finally, we find that these productivity changes, while costly to firms, led to small reductions in carbon emissions …
Persistent link: https://www.econbiz.de/10013066850
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