Showing 1 - 10 of 9,682
,tend to rise faster than the prices of material goods. Central to his model is the disparityin labour productivity growth … disease of services retains its explanatory power and relevance today. It refutescriticisms that productivity growth in …
Persistent link: https://www.econbiz.de/10014459453
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
, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor … productivity grew at a healthy pace in much of the region. Overall our analysis provides substantial cause for optimism about the …
Persistent link: https://www.econbiz.de/10010507372
This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data … imply steadily increasing MFP as a result of domestic privatization, reaching about 25 percent relative to state-owned firms …
Persistent link: https://www.econbiz.de/10010287966
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe … employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28% in Romania, 22 …%. Privatization to foreign rather than domestic investors has a larger impact (about 44%) and is much more consistent across countries …
Persistent link: https://www.econbiz.de/10010287971
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … it lowers it 3%. Privatization to foreign rather than domestic investors has a larger impact, 18-35%, in all countries …
Persistent link: https://www.econbiz.de/10010288008
This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity …. The paper investigates how, and to what extent, ICT contributed to a narrowing in the productivity gap. Although … investment in ICT capital has strongly increased, total factor productivity (TFP) growth has made the largest contribution to …
Persistent link: https://www.econbiz.de/10011470744
both to a contraction in investment rates in converging countries and to the limited catch-up in total factor productivity …
Persistent link: https://www.econbiz.de/10014334683
The clock is ticking and time is running short for us to have a realistic chance to get climate change under control and prevent it becoming irreversible and selfsustaining. Phasing out coal is widely seen as a 'low hanging fruit' of climate policy commitments in the move towards a net zero...
Persistent link: https://www.econbiz.de/10014565937
corruption on productivity. Corruption is defined as a 'bribe tax' and is compared to another form of institutional inefficiency … their effects in the full sample, only the bribe tax appears to have a negative effect on firm-level productivity, while the … taxes, implying that bribing does not emerge as a second-best option to achieve higher productivity by helping circumvent …
Persistent link: https://www.econbiz.de/10010277457