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Productivity growth is a key determinant of rising living standards. The agricultural sector has been an important … contributor to the overall growth of productivity in New Zealand. The average rate of multifactor productivity growth in … agriculture from 1926-27 to 2000-01 was 1.8%. We find evidence that this rate has been increasing especially since the reforms of …
Persistent link: https://www.econbiz.de/10012115589
is treated as a Poisson-type cyclic stochastic process. The technology spillovers effect acts as a driving force of …
Persistent link: https://www.econbiz.de/10012432372
positive knowledge spillovers, but the effects of intra-industry trade are ambiguous. With regard to sectoral import … penetration, we find that potential positive spillovers are dominated by negative competition effects. This, however, masks the …
Persistent link: https://www.econbiz.de/10010299090
positive knowledge spillovers, but the effects of intra-industry trade are ambiguous. With regard to sectoral import … penetration, we find that potential positive spillovers are dominated by negative competition effects. This, however, masks the …
Persistent link: https://www.econbiz.de/10008533644
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
In this paper, we aim to bring the debate on the global productivity slowdown – which has largely been conducted from a … macroeconomic perspective – to a more micro-level. We show that a particularly striking feature of the productivity slowdown is not … so much a lower productivity growth at the global frontier, but rather rising labour productivity at the global frontier …
Persistent link: https://www.econbiz.de/10011610943
Panel data is used to investigate the extent of R&D spillovers between OECD countries, and the importance of barriers … to technology adoption in affecting the benefits of such spillovers. Our results indicate that countries with less … regulated goods and labour markets benefit more from foreign R&D. -- R&D spillovers ; technology adoption ; economic growth …
Persistent link: https://www.econbiz.de/10009731157
Persistent link: https://www.econbiz.de/10001675374
Persistent link: https://www.econbiz.de/10003486152
productivity differ in the two solutions. Thus, optimal policy intervention has no effect on long-run growth rates but affects …
Persistent link: https://www.econbiz.de/10011492730