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to underestimate of the rates of growth of real GDP, real personal income, and productivity. That underestimation is … recent slowdown in measured productivity but that subject is discussed briefly …
Persistent link: https://www.econbiz.de/10012959380
productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of … markets affects the relative productivity of firms across the region. Firms with foreign ownership and firms that export are … significantly more productive, and the productivity gap is larger the less developed is the local market. We exploit the rich set of …
Persistent link: https://www.econbiz.de/10013232143
has led many economists to believe that productivity growth in these economies, particularly in their manufacturing … productivity) gains from an outward orientation. This view fails to take into account the equally unusual rapid growth of both … envelope calculations to show that, as regards productivity growth in the aggregate economy and in manufacturing in particular …
Persistent link: https://www.econbiz.de/10013235880
The evidence for a productivity-based explanation for real exchange rate behavior of East Asian currencies is examined … relative productivity ratios, one finds a relationship for Japan, Malaysia, and the Philippines. Only when augmenting the … productivity variables, as well as other demand side factors, are less encouraging, except for a small subset of countries …
Persistent link: https://www.econbiz.de/10013240954
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
that both are simultaneously determined by countries' capabilities i.e. by countries' productivity and quality levels for …. This suggests that the main challenge for low-income countries is to raise quality and productivity in their existing …
Persistent link: https://www.econbiz.de/10013129123
total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … time-series volatility of productivity are also characterized by greater cross-sectional dispersion in productivity …. Volatility in TFP explains one quarter to one third of cross-country productivity dispersion. We document a similar relationship …
Persistent link: https://www.econbiz.de/10013122876
productivity and the level of technological advancement the analysis demonstrates that, in accordance with the theory …, technological superiority and higher land productivity had significant positive effects on population density but insignificant …
Persistent link: https://www.econbiz.de/10013125175
factor productivity, consistent with a theory where immigration increases the variety of skills available for production. We …
Persistent link: https://www.econbiz.de/10013103530
. Long-run identifying restrictions are used to decompose productivity, hours, and output into technology shocks and non …
Persistent link: https://www.econbiz.de/10013103574