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development of national productivity. As technology is also embodied in human capital, the paper empirically investigates the … significance of labour mobility as an effective channel of R&D spillovers based on panel cointegration method. Estimates of …
Persistent link: https://www.econbiz.de/10009448802
This paper empirically investigates and identifies the main contributing factors to output and productivity growth in … capital and ICT are important drivers of output growth in Australia, so their omission from standard productivity measures … Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality …
Persistent link: https://www.econbiz.de/10009434976
This paper empirically investigates and identifies the main contributing factors to output and productivity growth in … capital and ICT are important drivers of output growth in Australia, so their omission from standard productivity measures … Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality …
Persistent link: https://www.econbiz.de/10009479429
of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in …
Persistent link: https://www.econbiz.de/10009476690
theory of development consistent with these three facts. I show that even when total factor productivity (TFP) growth and …Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow … gross output production in manufacturing implies a larger growth and volatility of TFP at the value added level in …
Persistent link: https://www.econbiz.de/10012530322
GMM method of econometric estimation. Multiple measuresof performance and leverage are utilized, controlling …
Persistent link: https://www.econbiz.de/10009480854
productivity improvements and for that matter economic growth. The consensus is that technological change accounts for a … growth level for the first time in its productivity growth history. However, this high productivity growth rate could not be … sustained and Australia started to experience a slowdown in productivity growth since 2000. This study empirically measures the …
Persistent link: https://www.econbiz.de/10009434905
R&D-based growth models with human capital accumulation reach a conclusion that long-run growth is unaffected by … research activities. In this new model, long-run growth is shown to be determined by education and research technologies, and … consumers’ preferences. In addition, there always exists an income tax/R&D subsidy rate that maximizes the rate of growth …
Persistent link: https://www.econbiz.de/10009448814
In this study, we look at the relationship between export stability, investment and economic growth in nine Asian … and cointegration issues. We find that in most cases, the variables are non-stationary in their levels and not … find a negative relationship between export instability and economic growth. For (South) Korea, Myanmar, Pakistan and …
Persistent link: https://www.econbiz.de/10009444174
Correctly measuring a country’s national income and its growth is essential to the understanding of various aspects of … product (GDP) and its growth performance. The first controversial issue is how should China’s per capita income level be … 1978. While the official estimate of about 10 per cent annual growth rate for the reform period is almost taken for granted …
Persistent link: https://www.econbiz.de/10009451605