Showing 1 - 10 of 15,641
Productivity in Finland has been increasing very rapidly since the 1980s. The increase from 1980 to 2001 was as much as … sector was 60 %, i.e., 2 times more than the industrial countries. average. Despite the rapid increase the productivity level … telecommunications and transportation, the productivity level is, however, very high by international standards. Productivity differences …
Persistent link: https://www.econbiz.de/10010285261
Persistent link: https://www.econbiz.de/10011696470
resuscitate HOV by introducing a simple Hicks-neutral (HN) factor-productivity adjustment, an approach that was heavily criticized …. In this paper, we re-examine the productivity question by estimating factor-specific productivities from the individual … technology data of multiple countries. Using a dataset of 29 countries, both developed and developing, we find evidence of factor …
Persistent link: https://www.econbiz.de/10010275798
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …-level (EU-KLEMS) and firm-level (Amadeus) data. After adding further assumptions about technology and market structure (firms …
Persistent link: https://www.econbiz.de/10010269431
Estimating the response of hours worked to technology shocks is often considered as a crucial step for evaluating the … employment and productivity as a key tool for building an empirical evaluation of Real Business Cycle theories and New … estimated using a VAR, and retrieve alternative nonfundamental representations of the relation between technology shocks and …
Persistent link: https://www.econbiz.de/10010328611
Persistent link: https://www.econbiz.de/10010334868
the effects of an agreement where the more advanced firm shares its technology with the inferior one. We show that the …
Persistent link: https://www.econbiz.de/10010271093
There is a widespread perception that the Republic of Korea's service sector lags behind its dynamic world-class manufacturing sector. We empirically analyze the past performance of the Republic of Korea's service sector in order to assess its prospects as an engine of growth. Our analysis...
Persistent link: https://www.econbiz.de/10010507363
Production capital and technology, fundamental to understanding output and productivity growth, are unobserved except … of capital and technology for the sample period. We apply the method to annual data from 1947-97 for U.S. total …
Persistent link: https://www.econbiz.de/10010261321
Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how … to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix …
Persistent link: https://www.econbiz.de/10010270460