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We implement an original method based on the estimation of a production function, toinvestigate how the decrease in the cost of computers has affected the marginal cost of firms,their aggregate labor demand and their skill structure. Using a panel of more than 5000French firms followed between...
Persistent link: https://www.econbiz.de/10005823191
[eng] International organisations define the cyclical balance in terms of the impact of the fluctuations in present activity on the public balance. We suggest an alternative method, based on the estimation of aVARmodel having as variables the deficit expressed in GDP points and the GDP growth...
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The paper aims at assessing the net impact of the accumulation of Information and Communication Technologies (ict) capital on the economy. In a first part, focusing on the supply-side of the economy, we show that the growth accounting methodology cannot provide us with a measure of the net...
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This paper investigates the substitution possibilities in the production function between capital and two labour inputs, skilled and unskilled workers. We estimate a very general system of factor demand at the firm level, using original panel data obtained by merging three different sources. We...
Persistent link: https://www.econbiz.de/10009001114
We estimate a conditional convergence equation derived from an augmented Solow model where human capital is defined as skilled labour. We implement Generalized Method of Moments (GMM) estimators on a panel of countries. Estimation is carried out on the model in levels instrumented by the lagged...
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