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Persistent link: https://www.econbiz.de/10013342548
the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage …
Persistent link: https://www.econbiz.de/10010295797
,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
theoretical as well as the quantitative analysis, recommendations are derived for a better allocation of the reduction burden …
Persistent link: https://www.econbiz.de/10010273116
true for non-exporters. Models with firm heterogeneity in total factor productivity (TFP) predict the opposite. To solve …
Persistent link: https://www.econbiz.de/10010325700
Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how … to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix …
Persistent link: https://www.econbiz.de/10010270460
productivity. Thisformulation gives us a semiparametric smooth coefficient model. Empirically, we findthat estimates of unobserved … and indirectlyvia all factors of production, i.e., the productivity effect of management is non-neutral.Finally, we find …
Persistent link: https://www.econbiz.de/10010312060
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
political representation in the Lower House across regions, and it accordingly changed the allocation of public capital across … regions as well. The productivity of public capital based on this natural experimental identification strategy indicates … higher productivity due to public capital than indicated by the OLS estimation. …
Persistent link: https://www.econbiz.de/10010332456
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …
Persistent link: https://www.econbiz.de/10010261809