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Measures of long term trends in world export prices of manufactured goods and in the terms of trade between manufactured goods and primary products are sensitive to the choice of country weights and of base periods and, most important of all, the treatment of quality change. Later base periods...
Persistent link: https://www.econbiz.de/10013324614
efficiency-based productivity growth rates to exceed observed productivity growth in the slowdown period of 1974 - 1995 …
Persistent link: https://www.econbiz.de/10013232898
regulation, rather than changes in productivity and trade, account for most of the emissions reductions …
Persistent link: https://www.econbiz.de/10013029557
We document the behavior of trade prices during the Great Trade Collapse of 2008-2009 using transaction-level data from the U.S. Bureau of Labor Statistics. First, we find that differentiated manufactures exhibited marked stability in their trade prices during the large decline in their trade...
Persistent link: https://www.econbiz.de/10013118418
) 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
Within-industry differences in measured plant-level productivity are large. A large literature has been devoted to … classification and regression trees. We use our imputations and the Bureau's imputations to estimate within-industry productivity … dispersions. The results suggest that there is more within-industry productivity dispersion than previous research has indicated …
Persistent link: https://www.econbiz.de/10013066691
, profitability, and productivity growth. Asymmetric information generates agency costs of debt and signaling benefits of dividends … benefits contribute 4.2 percent to total factor productivity growth, while agency costs reduce efficiency by 3.3 percent. Thus …
Persistent link: https://www.econbiz.de/10012774849
imputed data for at least one variable used to compute total factor productivity. The Bureau primarily imputes for missing …
Persistent link: https://www.econbiz.de/10012984114
This paper compares and analyzes the growth of productivity in the manufacturing industries and firms in France and the … U.S. based on newly assembled comparable data sets in both countries. Three explanations of the recent productivity … of R&D investment, and found not to bear on the differences in productivity growth between and within the two countries …
Persistent link: https://www.econbiz.de/10013215716
structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are … their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward … in each industry, generating productivity inducement, but the factor demand in each industry is also affected by the two …
Persistent link: https://www.econbiz.de/10013216117