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Persistent link: https://www.econbiz.de/10012461745
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10011394520
such models in analyzing the production structure, the determinants of variable and quasi-fixed factors, and productivity … growth. The paper also discusses the traditional approach to productivity analysis based on the Divisia index number …
Persistent link: https://www.econbiz.de/10012471717
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery … industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital … inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The …
Persistent link: https://www.econbiz.de/10012477226
decomposition of total factor productivity growth …
Persistent link: https://www.econbiz.de/10012477833
.S. aggregate labor productivity, and 2) whether the same set of forces account for the slowdown of sectoral productivity growth as … well. We specify a model which relates measured labor productivity growth to capital/labor ratio, level and rate of change … aggregate data for the period 1949-1978.The results of the estimation suggest that the pattern of aggregate productivity growth …
Persistent link: https://www.econbiz.de/10012478722
determining the rate of growth of total factor productivity (TFP) . Specifically, we propose and illustrate a methodology for …
Persistent link: https://www.econbiz.de/10012478790
summarized to a first order by the current and expected future values of the Solow productivity residual in level and by the …
Persistent link: https://www.econbiz.de/10012463070
employment, average hours worked, physical capital accumulation and, most importantly, total factor productivity and its skill … and hours worked by natives. At the same time we find robust evidence that they increased total factor productivity, on … results are robust to controlling for several other determinants of productivity that may vary with geography such as R …
Persistent link: https://www.econbiz.de/10012463142
The recent literature on local schooling externalities in the U.S. is rather mixed: positive external effects of average education levels are hardly to be found but, in contrast, positive externalities from the share of college graduates can often be identified. This paper proposes a simple...
Persistent link: https://www.econbiz.de/10012466224