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adjust traditional measures of multi factor productivity growth for variations in short-run utilization …
Persistent link: https://www.econbiz.de/10013145300
allow for investment in physical capital and aggregate fluctuations. In the aftermath of a positive productivity shock, the … common productivity component reverts to its unconditional mean, the new entrants that survive become more productive over …
Persistent link: https://www.econbiz.de/10013063511
market impact of immigration. A reasonable level of capital-skill complementarity, for which there is considerable support …
Persistent link: https://www.econbiz.de/10013065644
model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …
Persistent link: https://www.econbiz.de/10013322112
of international patents, country-level R&D productivity increases proportionally with the stock of ideas already …). Second, we find that ideas productivity in a given country is constant or declining in the worldwide stock of ideas. Ideas … effects of international knowledge spillovers. Finally, ideas productivity is concave in the size of the R&D workforce and the …
Persistent link: https://www.econbiz.de/10013292576
This paper presents a new approach to assess the role of price mismeasurement in the productivity slowdown. I invert … the firm's investment decision to identify the embodied and disembodied components of productivity growth. With a Cobb … that in the Post-War period, disembodied productivity grew faster in the hard-to-measure than in the non-manufacturing easy …
Persistent link: https://www.econbiz.de/10013219321
. Second, density of physical capital in a city outside a plant has no effect on a plant's productivity. Third, most of the … productivity differences between cities with high and low levels of human capital match remarkably well differences in labor costs … equilibrium forces and spillovers, the productivity gains generated by human capital spillover are offset by increased labor costs …
Persistent link: https://www.econbiz.de/10013223308
This paper examines the output contributions of capital and labor deployed in information systems (IS) at the firm level during the period 1988-91 throughout the business sector, using two different sources of data on these inputs. Our production function estimates suggest that there are...
Persistent link: https://www.econbiz.de/10013225934
those estimates to analyze the evolution of plant level productivity over this period. The restructuring involved … quantities of inputs demanded should they continue depend on their productivity, we use an equilibrium model to suggest an … estimation algorithm that takes into account the relationship between productivity on the one hand. and both input demand and …
Persistent link: https://www.econbiz.de/10013227892
productivity growth. The two major methods used in measuring productivity growth -- index number and econometric estimation …, infrastructure capital, allocative distortions, nature of the market structure and technological advancement on productivity growth … estimate the contribution of different inputs to productivity growth are described and the evaluation of the production process …
Persistent link: https://www.econbiz.de/10013230977