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labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and …
Persistent link: https://www.econbiz.de/10010281026
appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … labour shares, growth in labour and total factor productivity, and capital deepening. We find (a) MGVA was understated by … productivity and capital deepening has been understated and growth in total factor productivity overstated (e) total factor …
Persistent link: https://www.econbiz.de/10010284188
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10010316866
economy, there has been a tragic neglect of low end human capital investment for productivity gains in mass manufacturing …
Persistent link: https://www.econbiz.de/10011807633
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
Persistent link: https://www.econbiz.de/10002357900
We consider the links between information and communications technologies (ICTs) and the distribution of income, as mediated by problems of coordination and control within organizations. In the large corporations of the mid-twentieth century, a highly developed division of labor was coordinated...
Persistent link: https://www.econbiz.de/10010287798
New information and communication technologies, we argue, have been 'power-biased': in many industries they have allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that 'power-biased technical change' in this sense may generate...
Persistent link: https://www.econbiz.de/10010287860
We examine the relationships between productivity growth, IT investment and organisational change (∆O) using UK firm … effect on productivity growth, (c) non-IT investment and ∆O do not interact in their effect on productivity growth. Some new …
Persistent link: https://www.econbiz.de/10010289034
This monograph compares the methodologies and progress of the different existing models of information and communication technology (ICT) use for broad-based development and economic growth in India. It will examine the role of complementary reforms in government administration and policies. The...
Persistent link: https://www.econbiz.de/10010322716