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Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10011416306
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10012139466
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expenditure on productivity growth in the private sector. The focus on productivity in the private sector and the use of … educational expenditure has a positive effect, and government investment has no effect on private productivity growth. The impact … is also found to work solely through total factor productivity and not via the marginal productivity of labor and capital …
Persistent link: https://www.econbiz.de/10012776580
We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R …
Persistent link: https://www.econbiz.de/10011422057
This study consists of an examination of productivity growth following three major technological breakthroughs: the … original invention until a substantial increase in the rate of productivity growth can be observed. There is also strong … persuasive direct evidence that the steam engine producing industry and electric machinery had particularly high productivity …
Persistent link: https://www.econbiz.de/10014049339