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by labour productivity. To this end, the stochastic frontier technique is used on a unique unbalanced longitudinal … firms. From a policy perspective, the results of this study suggest that - if the aim is to leverage firms' productivity … other hand, corporate R&D in the low-tech sector is found to have a minor effect in explaining productivity. Instead …
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, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … results of this study suggest that – if the aim is to leverage companies' productivity – emphasis should be put on supporting …-tech sector turns out to have a minor effect. Instead, encouraging investment in fixed assets appears vital for the productivity …
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of actual to desired level of employment. Productivity growth is defined in terms of a shift in the labor requirement … function. Swedish banking data is used as an application of the above model. -- Productivity ; Efficiency ; Convergence ; Labor …
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