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Machines are more expensive in poor countries, and the relation is pronounced. It is hard for a Solow (1956) type of model to explain the relation between machine prices and GDP given that in most countries equipment investment is under 10% of GDP. A stronger relation emerges in a Solow (1959)...
Persistent link: https://www.econbiz.de/10012472957
-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/10012461940
to raise energy productivity, the amount plants can produce with each unit of energy. Treatment plants, after two years … error 7.3 percent). I assume that the treatment acted only through energy productivity to estimate the plant production … strongly to a productivity shock when plants can adjust these inputs …
Persistent link: https://www.econbiz.de/10012453099
This paper provides the first estimates of within-industry heterogeneity in energy and CO2 productivity for the entire … U.S. manufacturing sector. We measure energy and CO2 productivity as output per dollar energy input or per ton CO2 … emitted. Three findings emerge. First, within narrowly defined industries, heterogeneity in energy and CO2 productivity across …
Persistent link: https://www.econbiz.de/10012453485
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
In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading. But for many firms this advantage remains elusive....
Persistent link: https://www.econbiz.de/10012696370
is assumed to differ in productivity according to a parametric function of R&D effort embodied in that vintage of capital …&D expenditures at Bell Laboratories and the improvements in the productivity of specific capital inputs which are due to those R … growing over time. In addition,the rate of increase in the productivity of capital inputs has risen over time. The model fails …
Persistent link: https://www.econbiz.de/10012477475
position variables and the potential spilover pool in explaining R&D intensity, patent productivity and TFP growth is explored … effects are significant in explaining patent productivity. I cannot distinguish between the two effects in explaining TFP … firms do more R&D themselves, they produce more patents per R&D dollar, and their productivity grows faster, even …
Persistent link: https://www.econbiz.de/10012477657
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