Showing 1 - 10 of 1,733
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted … all countries could expect sizeable gains in multifactor productivity from deregulation reforms …
Persistent link: https://www.econbiz.de/10013046151
Compared with its nineteenth century competitors, Australian GDP per worker grew exceptionally fast, about twice that of the US and three times that of Britain. This paper asks whether the fast growth performance produced rising inequality. Using a novel data set we offer new evidence supporting...
Persistent link: https://www.econbiz.de/10012955952
at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading …
Persistent link: https://www.econbiz.de/10013130964
, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued … market structure, more producer turnover, smaller within-industry productivity dispersion across producers, a smaller … percentage of plants operating at low productivity levels, and smaller productivity differentials between surviving and failing …
Persistent link: https://www.econbiz.de/10013114763
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
Aggregate productivity growth in the U.S. has slowed down since the 2000s. We quantify the importance of differential … productivity growth across occupations and across industries, and the rise of computers since the 1980s, for the productivity … productivity growth, reducing their contributions toward aggregate productivity growth, resulting in its slowdown. We find that …
Persistent link: https://www.econbiz.de/10012926403
Beginning in 2004, official statistics display a slowdown in U.S. productivity growth. We show how offshore profit … shifting by U.S. multinational enterprises affects GDP and, thus, productivity measurement. Profit shifting increased in the … mid- 1990s, resulting in lower measured productivity growth. We construct value added adjusted for profit shifting. The …
Persistent link: https://www.econbiz.de/10012958592
We study the impact of firm level choices of ICT, R&D, exporting and importing on the evolution of productivity and its … “techies”. We develop a methodology for estimating firm level productivity that allows us to measure both Hicks-neutral and … from 2009 to 2013. We find that techies and importing of intermediate inputs raise skill-biased productivity, while imports …
Persistent link: https://www.econbiz.de/10012907442
This paper develops a general theory of aggregation in inefficient economies. We provide non-parametric formulas for aggregating microeconomic shocks in economies with distortions such as taxes, markups, frictions to resource reallocation, financial frictions, and nominal rigidities. We allow...
Persistent link: https://www.econbiz.de/10012943616
Economy-wide institutional deficiencies causing factor misallocation have been emphasized as essential determinants of aggregate TFP differences. This paper argues that production flexibility at the micro-level is an economic characteristic that should be given priority in TFP aggregation...
Persistent link: https://www.econbiz.de/10012944639