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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
industrialization. In this paper, we propose a new methodology to structurally estimate productivity growth in service industries that … both a consequence-due to income effects-and a cause- due to productivity growth- of the development process. We estimate … the model using Indian household data. We find that productivity growth in non-tradable consumer services such as retail …
Persistent link: https://www.econbiz.de/10014474491
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
Countries differ in terms of technological capabilities and complexity of production structures. According to that, countries may follow different development strategies: one based on extracting rents from abundant endowments, such as labor or natural resources, and the other focused on creating...
Persistent link: https://www.econbiz.de/10010328590
The missing effect of investments of firms in information and communication technologies on productivity is studied by …) has a stronger effect on the quality of services than on the productivity of the IT-using firm. IT investment seems to be … especially the most recent generation of IT as indicated by the number of PCs used is the source of productivity growth whereas …
Persistent link: https://www.econbiz.de/10010297561
The purpose of the paper is to find out whether linkages between productivity and innovation are different among … Estonian service sector sub-sectors. In this paper productivity is measured as value added per employee. An original approach … toward measurement of productivity is used, decomposing it into three components: labour costs, depreciation and gross profit …
Persistent link: https://www.econbiz.de/10010308403
of foreign mergers and acquisitions on labour productivity and employment growth up to five years after acquisition. Our …
Persistent link: https://www.econbiz.de/10012037626
that slow growth in agricultural productivity can substantially delay the development process and result in signi cant di … erences in per capita incomes. Some of our results indicate that low agricultural productivity delayed the beginning of the …- cess can be accelerated, however, by increasing productivity in the non-agricultural sector. In fact, in the long run, it …
Persistent link: https://www.econbiz.de/10010326920
,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