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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
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
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
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
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
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 imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We …The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and …
Persistent link: https://www.econbiz.de/10010301268
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
Persistent link: https://www.econbiz.de/10010301281
productivity convergence among euro area countries. While no convergence can be found on the aggregate level, selected service … sectors and manufacturing sub-industries indicate evidence of convergence. In a search for factors influencing productivity … competitive environment, eventually facilitating economic convergence. …
Persistent link: https://www.econbiz.de/10011605476