Showing 1 - 10 of 4,656
This paper examines labour productivity convergence in manufacturing of the planned and market economies in the setting … impact of the oil price shocks on convergence in productivity levels across industries between 1970 and 1985. Although the …-digit industry-level productivity metric for selected industries and applies a difference-in-difference estimator to estimate the …
Persistent link: https://www.econbiz.de/10015165913
The study shows that the exceptional drop in volume of Finland's GDP in 2009 - as much as 8 per cent -was to a large extent due to huge decline in exports and production of one industry, ICT. The contribution of ICT (or electronics and electro-technical industry) to GDP decline was close to two...
Persistent link: https://www.econbiz.de/10010331070
growth of labour productivity went hand in hand with declining employment, and even with considerable job losses in the … resulted overwhelmingly from across-the-board productivity improvements in individual sectors of the economy while employment … creation of additional jobs. The required further productivity convergence with the EU-15 may thus be in conflict with the …
Persistent link: https://www.econbiz.de/10012100049
differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total … 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
distribution dynamics approach in order to analyse the role of some variables in the convergence of productivity across European … regions over the period 1980-2002. We find that the initial productivity crucially accounts in the convergence process across … European regions. Differently, employment growth seems not to play a role, while the Structural and Cohesion Funds seem to play …
Persistent link: https://www.econbiz.de/10011332376
In theory, network profits are independent of the reciprocal termination rates when operators charge nondiscriminatory call prices (Laffont, Rey and Tirole, 1998). Additionally, termination rates can be used to subsidize subscriber acquisition cost. This issue is typically known as a "waterbed...
Persistent link: https://www.econbiz.de/10011944727
and move on to discuss patterns of productivity and wage catching-up across industries which give rise to interesting …
Persistent link: https://www.econbiz.de/10012100022
This paper examines structural change in the Russian economy in 1990-2001, as measured by the changing composition of output and consumption, using international panel data sets as a frame of reference. It calculates a series of indexes to determine the extent to which the Russian economy is...
Persistent link: https://www.econbiz.de/10010369193
This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests … data. Third, when the null hypothesis of non convergence is rejected, a second test determines the number of converging … countries. Based on a sample of thirteen OECD countries our results show evidence of convergence in three out of six sectors …
Persistent link: https://www.econbiz.de/10010315012
We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
Persistent link: https://www.econbiz.de/10010262073