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proportionally during upturns; (iv) average R&D investment and productivity growth are more negatively correlated with sales …
Persistent link: https://www.econbiz.de/10008528504
This article aims at estimating leading indicators of the American economy with financial variables. We use two types of hidden Markov chains models, a quantitative one (Krolzig (1997)) and a qualitative one (Gregoir and Lenglart (2000)). These models provide a robust and reliable framework to...
Persistent link: https://www.econbiz.de/10005056509
According to recent studies, shocks on aggregated variables are associated with unequal impacts on the economic system, affecting more some agents and sectors than others according, depending on their characteristics. Theoretically, the mechanisms that differentiate shocks’ effects on economic...
Persistent link: https://www.econbiz.de/10009193063
Persistent link: https://www.econbiz.de/10005243439
Trend productivity growth is a crucial determinant of future living standards as well as fiscal balances. In this … article, Benoit Robidoux and Bing-Sun Wong from Finance Canada examine the issue of whether trend productivity growth has … authors find that Canada experienced a greater pick-up in total factor productivity growth than the United States. Increased …
Persistent link: https://www.econbiz.de/10005292740
Dirk Pilat and Paul Schreyer of the OECD discuss the new OECD Productivity Database. The database covers 26 OECD … countries for labour productivity estimates, as well as 14 countries for multifactor productivity estimates. While the database … represents the most comparable productivity estimates that are currently available for cross-OECD comparisons, the authors also …
Persistent link: https://www.econbiz.de/10005292742
This description, produced within the CIRANO research program on productivity, seeks to unearth the innovative economic …
Persistent link: https://www.econbiz.de/10005079402
This description, produced within the CIRANO research program on productivity, seeks to unearth the innovative economic …
Persistent link: https://www.econbiz.de/10005079420
1993 and 2001 have exerted on productivity growth. We give theoretical arguments explaining the impact of the real exchange … rate on productivity via its effects either on efficiency growth or on technical progress. Then for the twenty-nine Chinese … provinces we calculate the growth of the productivity and of its two components, using DEA Malmquist index. Finally we present a …
Persistent link: https://www.econbiz.de/10005016553
developments assesses whether an acceleration of productivity growth, the touchstone of the New Economy, is likely to occur in … concludes that an acceleration in productivity in Europe is likely, as is a continuation of strong productivity gains in the …
Persistent link: https://www.econbiz.de/10005157594