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technological change and productivity growth takes place in an economy. Quite normally, some 30-50% of an industry's productivity … growth is due to this particular mechanism. Disruptions to this mechanism would have considerable effects on productivity …
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This study analyzes trends in specialization of the Finnish industry since the 1980s. Low technology industries, such as pulp and paper, have had traditionally a large proportion of the Finnish industrial output. During the recent decades their share of output has decreased significantly and...
Persistent link: https://www.econbiz.de/10003929207
technological change and productivity growth takes place in an economy. Quite normally, some 30-50% of an industry's productivity … growth is due to this particular mechanism. Disruptions to this mechanism would have considerable effects on productivity … growth and thereby the improvement of living standards. -- Job and worker flows ; working conditions ; productivity …
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past few decades when the large emerging economies - notably China - have increased their role in world's industrial …
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&D efforts. Traditionally, the effects of R&D on productivity have been assessed from an econometrically estimated production … modelling the improvement of technology and the growth of total factor productivity. In this case, the residual of the … production function, which reflects total factor productivity, consists of two multiplicative components. The first component is …
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