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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
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
We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and … it ignores the additional capital formation made possible by an increase in productivity and therefore understates … productivity's true importance. Our estimates suggest that the understatement may be quite large, and that one might better ask if …
Persistent link: https://www.econbiz.de/10013322875
aggregate production function. Within this framework, the traditional assumptions for the measurement of productivity …
Persistent link: https://www.econbiz.de/10013216118
United States and Canada, 1870-1913. Both countries adhered to the international gold standard. This meant that the domestic … response to supply' shocks. For Canada the results are murkier. As in the U.S., the money supply shocks before 1896 are … shocks play a larger role in determining output behavior in Canada. The key conclusion of our analysis is that the simple …
Persistent link: https://www.econbiz.de/10013220513
We use new data on manufacturing in Canada to quantify the impact of globalization on the growth and composition of … experienced faster growth. Consistent with the literature on economic development in Canada, we find that scale economies …
Persistent link: https://www.econbiz.de/10013295874
The paper first assesses regional and ethnic group differences in social trust and memberships in both Canada and the … seven adjectives, a feature more prevalent in the United States than in Canada, (black, white, Hispanic and Asian in the … United States; French, English and Ethnic in Canada) have lower levels of trust than those who consider themselves Canadians …
Persistent link: https://www.econbiz.de/10013309215
This paper examines the relationship between antidumping filings and macroeconomic factors. We show that real exchange rate fluctuations affect the two criteria for dumping in opposite ways, making the overall effect on filings ambiguous in theory. Interestingly, no such ambiguity is evidenced...
Persistent link: https://www.econbiz.de/10013226990
expansion and capital accumulation than on productivity growth; (ii) tariffs may have discouraged capital accumulation by … raising the price of imported capital goods; (iii) productivity growth was most rapid in non-traded sectors (such as utilities …
Persistent link: https://www.econbiz.de/10013227742