Showing 1 - 10 of 4,988
improving production efficiency and product quality in both countries, but it matters more in China than in the US, especially …
Persistent link: https://www.econbiz.de/10012453002
-factor productivity (MFP) growth for the United States since 1870. The wave-like pattern starts with slow MFP growth in the late 19th …, there is no solution to the post-1972 productivity slowdown, and in the new data MFP growth during 1972-96 proceeds at a … boosting productivity growth, followed by a reopening that contributed to the post-1972 productivity slowdown …
Persistent link: https://www.econbiz.de/10012470998
wages and productivity across establishments. The second is that the increased dispersion in wages and productivity across … productivity dispersion have increased substantially over the last few decades, and (4) a substantial fraction of the rising … dispersion in wages and productivity is accounted for by increasing wage and productivity differentials across high and low …
Persistent link: https://www.econbiz.de/10012471311
Species extinctions and ecological degradation are accelerating to a degree unprecedented in human history. We present causal evidence on the economic drivers of biodiversity loss using a novel panel dataset on the types and quantities of wildlife at thousands of locations across the U.S. from...
Persistent link: https://www.econbiz.de/10012660035
We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management. We cover the institution's history, implementation, and the best available evidence on its economic impacts. We argue that existing quasiexperimental estimates suggest that...
Persistent link: https://www.econbiz.de/10012585405
service for all Americans ("universal access") would raise earnings-weighted labor productivity by an estimated 1.1% in the … would raise productivity, and it would promote greater economic and social resilience during future disasters that inhibit …
Persistent link: https://www.econbiz.de/10012599392
productivity growth, particularly in large relatively closed economies like the USA, will tend to raise middle class incomes. At …We study the productivity-pay relationship in the United States and Canada along two dimensions. The first is … divergence: the degree to which the levels of productivity and pay have diverged. The second is delinkage: the degree to which …
Persistent link: https://www.econbiz.de/10012794576
This paper provides an overview of recent trends in the U.S. basic industries. It first documents the dramatic fall in their shares of domestic employment and global production. It then considers explanations for these industries' relative -- and, in some instances, absolute -- decline. Those...
Persistent link: https://www.econbiz.de/10012476880
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data … gap indexes to be attributed to a failure of real wages to respond to the post-1972 productivity growth slowdown is … relatively minor. The paper's analysis of productivity change confirms the real-wage elasticity of labor input emphasized …
Persistent link: https://www.econbiz.de/10012477000
United States relative to Japan. High productivity growth in the traded sector of the Japanese economy results in a …
Persistent link: https://www.econbiz.de/10012477152