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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/10012467310
) 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/10012461957
-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
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/10012470833
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/10012477724
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/10012462858
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/10012455045
We study how innovation and technology diffusion interact to endogenously determine the productivity distribution and … productivity distribution. With finite support, the aggregate growth rate cannot exceed the maximum growth rate of innovators …
Persistent link: https://www.econbiz.de/10012455586
In this paper, we examine the changes in per-capita income and productivity from 1700 to modern times, and show four …
Persistent link: https://www.econbiz.de/10012470120
Measured productivity growth increased substantially during the second half of the 1990s. This paper examines whether … productivity growth does appear to arise from an increase in technological change. Cyclical utilization raised measured … productivity growth relative to technology growth in the first part of the expansion, but lowered it subsequently. Factor …
Persistent link: https://www.econbiz.de/10012470361