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period 1992-2000. The period can be characterized as a transition when long-run productivity growth in the Swedish economy … this dramatic change, the time trend and general index models are applied to estimate total factor productivity (TFP …
Persistent link: https://www.econbiz.de/10008546343
In this paper, I extend the Olley-Pakes (1996) estimation method to the CES production function with biased technical change. The new semi-parametric approach allows consistent estimation of the degree of returns to scale, the elasticity of substitution, and the bias in technical change....
Persistent link: https://www.econbiz.de/10010598188
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10010712138
insights on the repercussions of the macro-economic reform policy agenda during the study period plagued by a productivity … slowdown and the productivity resurgence due to the emergence of the ‘new economy’ and now the challenges to sharpen the … provide superior testable insights on productivity and technical inefficiency than the rival non-parametric Data Envelopment …
Persistent link: https://www.econbiz.de/10010991510
Effects of R&D investment on frim/industry productivity have been investigated widely thanks to pioneering …
Persistent link: https://www.econbiz.de/10011272927
In this paper, we develop an endogenous growth model that combines structural change with repeated product improvements. There are two sectors in the present paper, one is traditional sector, and the other is modern sector. The technological progress in the traditional sector takes the form of...
Persistent link: https://www.econbiz.de/10009365198
Persistent link: https://www.econbiz.de/10005706582
Persistent link: https://www.econbiz.de/10005706613
Many empirical studies have confirmed the positive impact of innovation on productivity at the firm level. The focus … on the other. To investigate the effect of different types of innovations on produc-tivity, we propose a model with two … a productivity equation. We find that ICT is an im-portant driver of innovation in both manufacturing and services …
Persistent link: https://www.econbiz.de/10008536834
The forest products sector in Canada has faced hard times since 2000. In terms of productivity growth, the sector as a … whole has performed poorly relative to the total-economy average. Labour productivity in the sector grew by 0.38 per cent …-par performance is entirely attributable to the paper manufacturing subsector, where labour productivity has collapsed since 2000. The …
Persistent link: https://www.econbiz.de/10008489038