Showing 1 - 10 of 925
found that foreign participation is associated with higher productivity in the affiliates themselves. Spillovers to …
Persistent link: https://www.econbiz.de/10012760473
Delays at the border for customs clearance are seemingly a central feature of the trade regime in the CIS states. Here … other hand, corruption can be welfare improving if queuing costs are replaced by resource transferring bribes. We also show …
Persistent link: https://www.econbiz.de/10013225381
During the past five years, there has been an important debate over the differing styles of market reforms in the formerly planned economies in East Asia versus Eastern Europe and the former Soviet Union (EEFSU). This paper puts forward three related propositions. First, the rapid growth of East...
Persistent link: https://www.econbiz.de/10013234355
A standard statistical perspective on the U.S. Great Inflation is that it involves an increase in the stochastic trend rate of inflation, defined as the long-term forecast of inflation at each point in time. That perspective receives support from two sources: the behavior of long-term interest...
Persistent link: https://www.econbiz.de/10012754820
providing little or no incremental value. In this paper, we draw on macroeconomic models of diffusion and productivity to better … differences in the propensity to adopt technology can lead to wide and persistent productivity differences across countries -- or … productivity, and swamp the impact of traditional factor inputs. Holding technology constant, the marginal gains from spending on …
Persistent link: https://www.econbiz.de/10012754821
early 90s to drive a Japanese productivity slowdown. The model can reproduce the observed decline, relative to trend of Ramp …
Persistent link: https://www.econbiz.de/10012754982
The Cliometrics literature on slave efficiency has generally focused on static questions. We take a decidedly more dynamic approach. Drawing on the records of 142 plantations with 509 crops years, we show that the average daily cotton picking rate increased about four-fold between 1801 and 1862....
Persistent link: https://www.econbiz.de/10012755147
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US quot;productivity miraclequot; is due to … located abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10012755383
In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in … factor productivity (TFP) gross. This is achieved through a novel application of the Viner-Wng envelope theorem, which allows … correct for this source of productivity change would have led to a 31% under estimate of long-run TFP growth in Canada arid a …
Persistent link: https://www.econbiz.de/10012755399
We study the effects of immigration on the diversity of consumption choices. Data from California in the 1990s indicate that immigration is associated with fewer stand-alone retail stores, and a greater number of large and in particular big-box retailers - evidence that likely contradicts a...
Persistent link: https://www.econbiz.de/10012757528