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We study the impact of intersectoral and interregional trade linkages in propagating disaggregated productivity changes … of measured TFP, GDP, and employment to regional and sectoral productivity changes. We find that the elasticities vary …
Persistent link: https://www.econbiz.de/10013053162
occurred in Finland in the early 1990s. We find that the sharp drop in real GDP over the period 1990-93 was driven by a … combination of a drop in total factor productivity (TFP) during 1990-92 and of increases in taxes on labor and consumption and … increases in government consumption during 1989-94, which drove down hours worked in Finland. We attempt to endogenize the drop …
Persistent link: https://www.econbiz.de/10012759701
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and … and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …
Persistent link: https://www.econbiz.de/10012996465
productivity in several thousand establishments located in these regions. To organize the discussion, we present a new model of …
Persistent link: https://www.econbiz.de/10013037866
localized spillover effects of the new parks on local incumbent firm productivity, the growth of retail activity close to the …
Persistent link: https://www.econbiz.de/10013019125
In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and …
Persistent link: https://www.econbiz.de/10013048050
economic predicament. With an aggregate labour productivity of 55% relative to the rest of the country, both are true transfer …
Persistent link: https://www.econbiz.de/10013240310
early 90s to drive a Japanese productivity slowdown. The model can reproduce the observed decline, relative to trend of Ramp …
Persistent link: https://www.econbiz.de/10012754982
productivity shocks raise income dispersion, lower the price elasticity of demand, and increase imperfectly competitive firms …
Persistent link: https://www.econbiz.de/10012758231
Aggregate and sectoral comovement are central features of business cycle data. Therefore, the ability to generate comovement is a natural litmus test for macroeconomic models. But it is a test that most existing models fail. In this paper we propose a unified model that generates both aggregate...
Persistent link: https://www.econbiz.de/10012759792