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competitive barriers increase productivity to Western levels …
Persistent link: https://www.econbiz.de/10013249397
that this is one of the reasons for persistent poverty and very high income inequality in Botswana today. This leaves us …
Persistent link: https://www.econbiz.de/10013024884
entry rates and increases in plant productivity. These results are not present for districts located on another major …
Persistent link: https://www.econbiz.de/10013065088
productivity. Agents are hit by heterogeneous productivity shocks, they observe their own productivity and a noisy public signal … regarding aggregate productivity. The shock to this public signal, or quot;news shock,quot; has the features of an aggregate … of the economy following an aggregate productivity shock are also affected by the presence of imperfect information …
Persistent link: https://www.econbiz.de/10012760694
for the modern technology to be used. The possibility of a poverty trap induced by high aid volatility is first examined …
Persistent link: https://www.econbiz.de/10012753834
planner who has partial knowledge of population preferences and the productivity of spending. This is a problem of decision … making under ambiguity. Focusing on income-tax financed public spending for infrastructure that aims to enhance productivity … preferences and the productivity of public spending …
Persistent link: https://www.econbiz.de/10013104080
, over several years, of public highway capital which then temporarily boosts private sector productivity and local demand …
Persistent link: https://www.econbiz.de/10013107013
We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … monopoly power influences public capital's productivity effect. We test the model using state-level panel data. We confirm the … potentially important indirect channels by which public capital affects manufacturing productivity …
Persistent link: https://www.econbiz.de/10013222910
productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity … and R&D capital contribute to productivity growth. However, the magnitudes of their contribution vary considerably across …
Persistent link: https://www.econbiz.de/10013236700
the recent literature on productivity growth. The size of this impact has important implications for policymakers …' decisions to invest in public capital, and productivity analysts' evaluation of productivity growth fluctuations and declines …' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …
Persistent link: https://www.econbiz.de/10013227211