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Persistent link: https://www.econbiz.de/10014306480
, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …
Persistent link: https://www.econbiz.de/10010311699
,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
Finland from 1975 to 2001. ICT-production has in the late 1990s had significant impacts on growth and labour productivity (LP …. Labour productivity growth in the period 1995 to 2001 manifests larger structural changes than in previous periods, with the … step-up in multi-factor productivity being the most notable. The relative contribution of ICT-capital deepening has also …
Persistent link: https://www.econbiz.de/10010285176
factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …
Persistent link: https://www.econbiz.de/10010261270
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
problem was the slow growth of productivity, caused by the slow growth of the manufacturing sector. And why did that matter …? Because he found that productivity of the manufacturing sector was positively related the growth of the manufacturing sector …
Persistent link: https://www.econbiz.de/10010494510
In economic development, structural change among the three main sectors of an economy accompanies with aggregate economic growth. Nevertheless the question whether economic growth causes structural change or change in the economic structure causes aggregate growth is still unanswered. To shed...
Persistent link: https://www.econbiz.de/10010266660