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Switzerland during the late nineteenth and early twentieth century. In analysing the emergence and consolidation of the … some industries, institutions for labour representation) and, on the other hand, enhanced productivity. In addition, the …
Persistent link: https://www.econbiz.de/10010284737
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …
Persistent link: https://www.econbiz.de/10010279209
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
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10010289844
We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. We show that this shock and its consequences were more important than...
Persistent link: https://www.econbiz.de/10010263753
I investigate whether demand growth and productivity growth in Switzerland have benefitted from the wage moderation …-led while the productivity regime is wage-led. This means on the one hand that wage moderation has added almost one percentage … point to GDP growth after 1990. On the other hand, it has also contributed to the drop in productivity growth. The latter …
Persistent link: https://www.econbiz.de/10010319733
development of the Swiss economy in the nineteenth and twentieth century. We describe how Switzerland evolved from a relatively …
Persistent link: https://www.econbiz.de/10010273431
Der Beitrag verwendet das Modell des unbalancierten Wachstums von Baumol (1967), um zu zeigen, dass sich ökonomische Probleme reifer Volkswirtschaften - wie die Abschwächung des Wirtschaftswachstums, der Anstieg der Staatsquote und die Kostenexplosion im Gesundheitswesen - zwar erklären, aber...
Persistent link: https://www.econbiz.de/10010285914
The sharp increase in equity prices over the 1990s was widely attributed to permanently higher productivity growth …, which shows that under plausible assumptions, productivity advances can only have temporary effects on the fundamentals of … equity prices. Using historical data on productivity of R&D capital, patent capital and fixed capital for 11 OECD countries …
Persistent link: https://www.econbiz.de/10010320911