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Productivity, Efficiency, Scale Economies and Technical Change : A New Decomposition Analysis
Nemoto, Jiro; Goto, Mika - 2021
This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted … to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …
Persistent link: https://www.econbiz.de/10013249572
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The Impact of Plant-Level Resource Reallocations and Technical Progress on U.S. Macroeconomic Growth
Petrin, Amil - 2011
) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …
Persistent link: https://www.econbiz.de/10013131308
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Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, it and Productivity
Bloom, Nicholas - 2015
-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led …
Persistent link: https://www.econbiz.de/10013038317
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Reconciling Models of Diffusion and Innovation : A Theory of the Productivity Distribution and Technology Frontier
Benhabib, Jess - 2017
We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity …
Persistent link: https://www.econbiz.de/10012964404
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Multi Product Firms, Import Competition, and the Evolution of Firm-Product Technical Efficiencies
Dhyne, Emmanuel - 2017
We study how increased import competition affects the evolution of firm-product technical efficiencies in the small open economy of Belgium. We observe quarterly firm-product data at the 8-digit level on quantities sold and firm-level labor, capital, and intermediate inputs from 1997 to 2007, a...
Persistent link: https://www.econbiz.de/10012950824
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Financial Constraints and Innovation : Why Poor Countries Don't Catch Up
Gorodnichenko, Yuriy - 2014
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013070230
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The World Technology Frontier
Caselli, Francesco; Coleman, Wilbur John - 2021
We define a country's technology as a triple of efficiencies: one for unskilled labor, one for skilled labor, and one for capital. We find a negative cross-country correlation between the efficiency of unskilled labor and the efficiencies of skilled labor and capital. We interpret this finding...
Persistent link: https://www.econbiz.de/10013248398
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Fuzzy Frontiers of Production : Evidence of Persistent Inefficiency in Safety Expenditures
Ichniowski, Casey - 2021
empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …
Persistent link: https://www.econbiz.de/10013236836
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Can News About the Future Drive the Business Cycle?
Jaimovich, Nir - 2010
Aggregate and sectoral comovement are central features of business cycle data. Therefore, the ability to generate comovement is a natural litmus test for macroeconomic models. But it is a test that most existing models fail. In this paper we propose a unified model that generates both aggregate...
Persistent link: https://www.econbiz.de/10012760629
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Monopoly and the Incentive to Innovate When Adoption Involves Switchover Disruptions
Holmes, Thomas J. - 2015
likely to adopt technologies and increase productivity …
Persistent link: https://www.econbiz.de/10012750248