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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...
Persistent link: https://www.econbiz.de/10005292742
detailed industry level. The International Comparisons of Output and Productivity (ICOP) project established at the University … industry-specific purchasing power parities based on producer output data instead of final expenditure information. A key … finding that emerges from their research is the difference between labour productivity levels measured in terms of output per …
Persistent link: https://www.econbiz.de/10005481863
We propose methods for testing hypothesis of non-causality at various horizons, as defined in Dufour and Renault (1998, Econometrica). We study in detail the case of VAR models and we propose linear methods based on running vector autoregressions at different horizons. While the hypotheses...
Persistent link: https://www.econbiz.de/10005100843
This the inaugural issue of the International Productivity Monitor, a new publication produced by the Ottawa-based Centre for the Study of Living Standards (CSLS). The objective of the Monitor is to focus atttention on the importance of productivity for improving living standards and quality of...
Persistent link: https://www.econbiz.de/10005650237
output per hour lower in 2000 than in 1977. In this article Andrew Sharpe from the Centre for the Study of Living Standards …
Persistent link: https://www.econbiz.de/10005518983
. Jensen (1986) argues debt, like dividends, mitigate the non-value-maximizing activities by reducing the level of free cash … in the form of debt service, or in the form of dividends, has no positive influence on shareholder value. These …
Persistent link: https://www.econbiz.de/10005042531
(VF)À cause de l’essor des marchés boursiers, pour satisfaire les besoins des investisseurs, la comptabilité doit mieux rendre compte des faits créateurs de valeur. Or, du fait de la croissance des investissements immatériels, la comptabilité est de moins en moins apte à fournir des...
Persistent link: https://www.econbiz.de/10005196823
The causes of 2007’s financial perturbations and mainly of the subprime crisis are well known at the beginning of 2008. Nevertheless, the specialists pay little attention to capital markets global crisis and to its consequences. In this study, we demonstrate that we are already in the middle...
Persistent link: https://www.econbiz.de/10005091165
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