Showing 1 - 10 of 1,244
who have a primary education; it has been accompanied by a systematic increase in the productivity of the labor force, as … it has moved from low productivity agriculture to higher productivity services and manufacturing. We also show that … although the employment share in manufacturing is not expanding rapidly, in most of the low-income African countries, the …
Persistent link: https://www.econbiz.de/10012965954
shift of employment to Services was not a major factor in the slowing of aggregate productivity in the United States in the …The distribution of employment among Agriculture, Industry, and Service within countries is closely related to the … level of real Gross Domestic Product per capita. As real income rises, Agriculture's share falls, Service employment rises …
Persistent link: https://www.econbiz.de/10013230398
U.S. county data for the last 20 or 30 years show that manufacturing employment has been deconcentrating. In contrast …, the service sector exhibits concentration in counties with intermediate levels of employment. This paper presents a theory … dependence in growth rates. Young industries exhibit non-monotone relationships between employment levels and growth rates, while …
Persistent link: https://www.econbiz.de/10012755347
Understanding the nature and magnitude of resource reallocation, particularly as it relates to productivity growth, is … important both because it affects how we model and interpret aggregate productivity dynamics, and also because market structure … reallocation and productivity dynamics for the U.S. and other countries comes from a single industry: manufacturing. Building upon …
Persistent link: https://www.econbiz.de/10013225119
Large gaps in labor productivity between the traditional and modern parts of the economy are a fundamental reality of … developing societies. In this paper, we document these gaps, and emphasize that labor flows from low-productivity activities to … high-productivity activities are a key driver of development. Our results show that since 1990 structural change has been …
Persistent link: https://www.econbiz.de/10013123689
We measure the impact of a drastic new technology for producing steel - the minimill - on the aggregate productivity of … industry's productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills … third of the increase in the industry's productivity. Second, increased competition, due to the expansion of minimills …
Persistent link: https://www.econbiz.de/10013064665
Focusing on both micro and aggregate U.S. data, we show the existence of a significant link between aggregate uncertainty and reallocation of resources away from R&D-intensive capital. This link is important because a decrease in the aggregate share of R&D-oriented capital forecasts lower...
Persistent link: https://www.econbiz.de/10013324702
innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and … changing technological regulations—let alone increase productivity. Great potential exists for innovation in crop and livestock …
Persistent link: https://www.econbiz.de/10013322662
This paper decomposes Botswana's growth from the late 1960s through 2010 into a within-sector and a between-sector (structural change) component. We find that during the 70s and 80s Botswana's rapid economic growth was characterized by significant structural change with the share of the labor...
Persistent link: https://www.econbiz.de/10013024884
This paper explores the role of knowledge flows and productivity growth by linking direct survey data on knowledge …
Persistent link: https://www.econbiz.de/10012751505