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The "News" View of Economic Fluctuations : Evidence from Aggregate Japanese Data and Sectoral U.S. Data
Beaudry, Paul - 2005
prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …
Persistent link: https://www.econbiz.de/10012467182
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Technology Shocks and Aggregate Fluctuations : How Well Does the RBS Model Fit Postwar U.S. Data?
Gali, Jordi - 2004
Our answer: not so well. We reach that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the...
Persistent link: https://www.econbiz.de/10012468056
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Multinational Enterprises, International Trade, and Productivity Growth : Firm-Level Evidence from the United States
Keller, Wolfgang - 2003
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10012469199
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Housing Constraints and Spatial Misallocation
Hsieh, Chang-Tai - 2015
because high productivity cities like New York and the San Francisco Bay Area have adopted stringent restrictions to new … housing supply, effectively limiting the number of workers who have access to such high productivity. Using a spatial …
Persistent link: https://www.econbiz.de/10012238027
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Taxation and the Sources of Growth : Estimates from United States Multinational Corporations
Cummins, Jason G. - 1998
model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …
Persistent link: https://www.econbiz.de/10012472274
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Managing Trade : Evidence from China and the US
Bloom, Nicholas - 2018
We present a heterogeneous-firm model in which management ability increases both production efficiency and product quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First, better...
Persistent link: https://www.econbiz.de/10012453002
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Why is Pollution from U.S. Manufacturing Declining? The Roles of Environmental Regulation, Productivity, and Trade
Shapiro, Joseph S. - 2015
regulation, rather than changes in productivity and trade, account for most of the emissions reductions …
Persistent link: https://www.econbiz.de/10012457787
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Farm productivity and market structure : evidence from cotton reforms in Zambia
Brambilla, Irene - 2005
"This paper investigates the impacts of cotton marketing reforms on farm productivity, a key element for poverty … productivity in cotton declined. With the improvement of the outgrower scheme of later years, farmers devoted larger shares of land … to cash crops, and farm productivity significantly increased"--National Bureau of Economic Research web site …
Persistent link: https://www.econbiz.de/10010522398
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How Liability Law Affects Medical Productivity
Kessler, Daniel P. - 2000
. Although we find that direct reforms improve medical productivity primarily by reducing malpractice claims rates and …
Persistent link: https://www.econbiz.de/10012471241
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Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?
Shapiro, Matthew D. - 1987
Measured productivity is strongly procyclical. Real business cycle theories suggest that actual fluctuations in … productivity are the source of fluctuations in aggregate output. Keynesian theories maintain that fluctuations in aggregate output … to explain the procyclicality of productivity. If observed productivity shocks are true productivity shocks, a function …
Persistent link: https://www.econbiz.de/10012476922