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Business networks, production chains, and productivity: A theory of input-output architecture
Oberfield, Ezra - 2011
of a technique depends on both the productivity embodied in the technique and the cost of the particular input; when … productivity depends on whether the lower cost firms are the important suppliers of inputs. When the share of intermediate goods in … production is high, the lower cost firms are selected as suppliers more frequently. This raises aggregate productivity and also …
Persistent link: https://www.econbiz.de/10010292100
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Structural development accounting
Gancia, Gino; Müller, Andreas; Zilibotti, Fabrizio - 2011
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
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What happened to the knowledge economy? ICT, intangible investment and Britain's productivity record revisited
Marrano, Mauro Giorgio; Haskel, Jonathan; Wallis, Gavin - 2007
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
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Uncertainty, intangible capital, and productivity dynamics
Palombo, Edoardo - 2020
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 … productivity growth when accounting for the empirical discrepancy between the realised and expected changes to the second-moment of …
Persistent link: https://www.econbiz.de/10012670872
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Investment, autonomous demand and long run capacity utilization: An empirical test for the Euro Area
Gallo, Ettore - 2019
In recent years, the role attached to the autonomous components of aggregate demand has attracted rising attention, as testified by the development of the Sraffian Supermulti plier model (SSM) and the attempts to include autonomous demand in the Neo-Kaleckian model. This paper reviews and...
Persistent link: https://www.econbiz.de/10011997037
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Venture Capital and Growth of Young High-Tech Firms in the EU: A Systematic Review of the Empirical Evidence
Pantea, Smaranda; Tkacik, Marcel - 2021
This study contributes to the debate on VC-related policies that aim to support the growth of young high-tech firms in the EU. The study provides a systematic review of the results of 22 firm-level studies that estimate causal effects of VC using counterfactual impact evaluation methods and data...
Persistent link: https://www.econbiz.de/10014547808
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Impact of the business environment on output and productivity in Africa
Bah, El-hadj; Fang, Lei - 2011
percent for total factor productivity. Overall, the distortions explain about 67 percent of the variation in income per worker …
Persistent link: https://www.econbiz.de/10010292236
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The Veblen-Gerschenkron Effect of FDI in Mezzogiorno and East Germany
Urban, Dieter M.; Peri, Giovanni - 2002
or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …
Persistent link: https://www.econbiz.de/10010276891
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Risk-adjusted capital allocation and misallocation
David, Joel M.; Schmid, Lukas; Zeke, David - 2020
productivity by as much as 6%, suggesting large "productivity costs" of business cycles. …
Persistent link: https://www.econbiz.de/10012653032
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What explains the productivity decline in manufacturing in the nineties in India?
Ray, Saon - 2014
This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor … productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 … Indian manufacturing industries. The paper then analyses the factors explaining productivity growth, technical change and …
Persistent link: https://www.econbiz.de/10011807695