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The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as … been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in …
Persistent link: https://www.econbiz.de/10010290092
In most advanced economies, both real interest rates and productivity growth have decreased since the early 1990s. In … this paper, we explore the mechanism whereby a circular relationship links these two quantities. While productivity is a … the expected return from investment projects, and thus of the productivity level required for investment. In our model …
Persistent link: https://www.econbiz.de/10012860721
The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as … been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in …
Persistent link: https://www.econbiz.de/10009541118
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10013316704
improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … to the productivity frontier. …
Persistent link: https://www.econbiz.de/10012445881
The past 120 years have been characterised by: (i) rapid economic growth and large productivity gains in the four … countries; (ii) a decline in productivity in the United Kingdom relative to the United States, and to a lesser extent also … of ICT capital in the last 25 years. In 2006, before the current world crisis, hourly labour productivity levels are …
Persistent link: https://www.econbiz.de/10008631662
current low productivity and GDP growth in advanced countries. Our projection tool allows for the modelling of technology …
Persistent link: https://www.econbiz.de/10012964845
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in …, management and organization. For this, we specify an extended production function relating productivity explicitly to R&D and ICT … productivity can be sizeable, and they provide evidence that a good part of the total impact, though not a predominant one, goes …
Persistent link: https://www.econbiz.de/10014154788
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10005763660
improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … to the productivity frontier.<P>Les réglementations du marché des produits dans les secteurs amont limitent-elles la …
Persistent link: https://www.econbiz.de/10008560209