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-industry panel for Swedish manufacturing 1985-95. The findings cast doubt on the claim that capital-skill complementarity can …
Persistent link: https://www.econbiz.de/10010321550
. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher …, technological changes are creating new occupations and jobs as the demand for workers with requisite skills is rising. At the same …
Persistent link: https://www.econbiz.de/10012625350
This report takes stock of recent research into the effects of technology on the labor market; assesses to what extent …
Persistent link: https://www.econbiz.de/10012660609
productivity growth. This paper offers a quantitative study on the link between uncertainty and low productivity growth. Firstly … Recession. Secondly, to investigate the effect of uncertainty on productivity growth dynamics, I present a novel general … equilibrium endogenous growth model with heterogeneous firms that undertake intangible capital investment subject to non …
Persistent link: https://www.econbiz.de/10012670872
unit labor costs - average wages relative to productivity - for two-digit manufacturing sectors across a wide range of … of relative unit labor costs on manufacturing sector value added, employment, investment and exports. We find that …Several studies have highlighted that African manufacturing wages are higher than comparator countries at similar …
Persistent link: https://www.econbiz.de/10012388922
Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output … duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … can explain that despite an increase in human capital in both sectors, there is still a gap in productivity. In other …
Persistent link: https://www.econbiz.de/10012057419
Indi's stagnating manufacturing sector has become a serious cause of concern for Indian policy makers. Several reasons … importance of the manufacturing sector and its potential to contribute to growth and employment, corrective measures must be … high value manufacturing sector and provides recommendations on measures to achieve this objective. In the absence of …
Persistent link: https://www.econbiz.de/10011807691
In this paper we study the capital adjustment process in Swedish manufacturing firms and relate the empirical findings … accumulation process is a highly volatile and non-persistent process on the firm-level. (iv) Firms adjustment behavior is … adjustment function implies that aggregate investment is relatively unresponsive to aggregate shocks in deep recessions as …
Persistent link: https://www.econbiz.de/10010321704
Manufacturing firms increasingly focus on services. This trend is evident in their composition of input, in …-house production and seemingly also in total sale. Firms' services intensity may affect their productivity, and thereby competitiveness …. However, only bits and pieces of the relation between services and manufacturing's exports have been analysed in previous …
Persistent link: https://www.econbiz.de/10012654380
finance; and (v) streamline the process of policymaking by establishing one intermediary organization. India must also …
Persistent link: https://www.econbiz.de/10014540888