Showing 1 - 10 of 7,594
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
, including persistently high but declining rates of labor and total-factor productivity growth, a U-shaped response of the …
Persistent link: https://www.econbiz.de/10012467958
leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …
Persistent link: https://www.econbiz.de/10012470002
Economists believe that because technology is a public good national productivity levels should "converge." William … finds that the productivity levels of sixteen such nations have converged since 1870. But convergence in Baumol's sample is …
Persistent link: https://www.econbiz.de/10012476649
west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of …
Persistent link: https://www.econbiz.de/10012471183
We measure the contribution of firm-embedded productivity to cross-country income differences. By firm …-embedded productivity we refer to the components of productivity that differ across firms and that can be transferred internationally, such … face less competition in less-developed countries, suggesting that firm-embedded productivity in those countries is scarce …
Persistent link: https://www.econbiz.de/10012482135
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
In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …
Persistent link: https://www.econbiz.de/10012472735
This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …-owned firms affects the productivity of local firms in that sector and whether there is any evidence of convergence between that … industry's productivity level and that of the United States. The main results can be summarized as follows: First, productivity …
Persistent link: https://www.econbiz.de/10012475902
In 1950 Mexico entered an economic takeoff and grew rapidly for more than 30 years. Growth stopped during the crises of 1982-1995, despite major reforms, including liberalization of foreign trade and investment. Since then growth has been modest. We analyze the economic history of Mexico...
Persistent link: https://www.econbiz.de/10012460957