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contribution of TFP growth to output growth in manufacturing, as compared to capital accumulation. At the state level, I also … examine the relationship between per-capita income and trends in output per worker and TFP in the manufacturing sector …, including national and state highways, and electricity generation capacity, on manufacturing TFP levels across states. My work …
Persistent link: https://www.econbiz.de/10009450667
through exports and increases in TFP is so strong that the phrase “learning by exporting” has come to mean an increase in TFP … measured TFP fails to rise after exports start. In making this criticism, we are contributing to a stream of recent papers … industry, while we find only weak evidence of TFP growth after exporting, we find strong evidence of significant increases in …
Persistent link: https://www.econbiz.de/10009441088
of biased technical progress. This paper demonstrates the correction of factor shares used in the construction of a TFP … weights and the resulting TFPs are compared. There does appear to be some significant bias in TFP if the effect of biased …
Persistent link: https://www.econbiz.de/10009442441
This study attempts to examine the empirical relationship between trade and total factorproductivity (TFP) in the … there is a robust relationship among TFP, degree ofopenness, and capital formation. Whereas, debt was found to be inversely …
Persistent link: https://www.econbiz.de/10009446319
Despite the widespread popularity of the Solow growth model, much of the recent empirical work based on the classic framework misrepresents a crucial feature of the model. Namely, the growth rate of technological progress, assumed to be exogenous in the Solow model, is often identified as being...
Persistent link: https://www.econbiz.de/10009475716
– principally capital, but also labour. Technological progress, as measured by total factor productivity (TFP) growth effectively … growth. TFP growth, by contrast, became the major source of growth (Fedderke, 2005: 10). It is of singular importance that … TFP growth became so significant in a context where there are very major unemployed human resources – and with this …
Persistent link: https://www.econbiz.de/10009475863
Technology spillovers offer great opportunities for economic growth to developing countries that do little, if any, R&D activity. This paper explores the extent to which these countries benefit from foreign technology, the diffusion mechanisms involved, the factors that shape their absorption...
Persistent link: https://www.econbiz.de/10009475926
My dissertation consists of two independent essays on macroeconomic volatility and monetary economics respectively. The first essay explores the implications of imperfect information on macroeconomic volatility. It offers a micro-founded theory of time variation in the volatility of aggregate...
Persistent link: https://www.econbiz.de/10009450717
affects productivity. For that purpose, we use a longitudinal sample of Spanish manufacturing and services companies between … control function approach, to overcome the endogeneity bias. Both for manufacturing and services firms, we have found that the …. Besides, those manufacturing firms who keep undertaking in-house production of services tend to be more productive. The lack …
Persistent link: https://www.econbiz.de/10012530314
in four major countries. Besides, TFP differences between construction and the general economy account for the evolution …
Persistent link: https://www.econbiz.de/10012530358