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In 1950, Latin American countries capabilities were promising, and the subcontinent was thought to have a big potential for convergence. In order to understand why this prediction was not fulfilled, we apply in this paper the framework set by Fagerberg and Srholec (2008(24)). Our study of the...
Persistent link: https://www.econbiz.de/10010328448
Effects of R&D investment on frim/industry productivity have been investigated widely thanks to pioneering …
Persistent link: https://www.econbiz.de/10010512986
Motivated by the recent reversal in labor productivity growth, this paper is analyzing the relationship between R …&D expenditures and productivity. Time series data of the German manufacturing industry is used to estimate a variable cost function … expenditures were also declining, the contribution of R&D to productivity growth is currently stagnating at the lowest level since …
Persistent link: https://www.econbiz.de/10010291695
of a technique depends on both the productivity embodied in the technique and the cost of the particular input; when … productivity depends on whether the lower cost firms are the important suppliers of inputs. When the share of intermediate goods in … production is high, the lower cost firms are selected as suppliers more frequently. This raises aggregate productivity and also …
Persistent link: https://www.econbiz.de/10010292100
percent for total factor productivity. Overall, the distortions explain about 67 percent of the variation in income per worker …
Persistent link: https://www.econbiz.de/10010292236
We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …
Persistent link: https://www.econbiz.de/10010292361
The impact of international trade on firm productivity is tested by accounting for firms' import as well as export … Difference in Differences, are used to calculate productivity improvements from entering into international trade. These …
Persistent link: https://www.econbiz.de/10010292837
This paper analyses how international outsourcing affects plant productivity, with the major contribution lying in the …
Persistent link: https://www.econbiz.de/10010292890
It is standard in the literature on training to use wages as a sufficient statistic for productivity. This paper … examines the effects of work-related training on direct measures of productivity. Using a new panel of British industries 1983 … productivity. A one percentage point increase in training is associated with an increase in value added per hour of about 0.6% and …
Persistent link: https://www.econbiz.de/10010292946
establishments that are always foreign-owned have significantly higher labour productivity than those that remain under domestic … ownership. In addition, labour productivity improves faster over time and faster with age in foreign-owned establishments. The … difference in labour productivity is matched by an equivalent difference in levels of investment per employee. Establishments …
Persistent link: https://www.econbiz.de/10010292962