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, research and development, innovations, backward and forward linkages, redundancy, sales, capital, etc.; finds that there is no …
Persistent link: https://www.econbiz.de/10010966891
the consequence of the occurrence of credit rationing on farmer's capital accumulation, investment and supply. The method … discount rate. Finally, if the uncertainty is introduced, then the level of investment spending and capital accumulation is …
Persistent link: https://www.econbiz.de/10008597176
This paper quantifies the effect of reallocation dynamics on aggregate productivity developments in the banking sectors of Europe and the United States. We document an increase in productivity over the period 1995-2009, on the order of 11 in the US and 19 in Europe. At an annual frequency,...
Persistent link: https://www.econbiz.de/10010856537
Motivated by the dominant role of cross-country heterogeneity in private saving in the creation of Eurozone imbalances over the past decade, we empirically investigate the determinants of private saving for a sample of 30 OECD countries over the period 1990-2010. In addition to standard...
Persistent link: https://www.econbiz.de/10010856565
Capital-embodied technological change is incorporated into a real business cycle (RBC) model, and some macroeconomic …
Persistent link: https://www.econbiz.de/10005776775
quality of capital) and neutral technological change (related to the organization of productive activities). It concludes that …
Persistent link: https://www.econbiz.de/10008497610
benefit from capital deepening arising from falling prices of ICT equipment. Adapting established growth accounting approaches … that ICT-related capital deepening contributed 0.2 percentage points to growth in low-income countries, and 0.3 percentage …
Persistent link: https://www.econbiz.de/10008470403
Persistent link: https://www.econbiz.de/10005687403
Capital-embodied technological change is incorporated into a real business cycle (RBC) model, and some macroeconomic …
Persistent link: https://www.econbiz.de/10005636393
We analyze a series of macroeconometric models developed in the years of high theory by Marschak, Frisch and Leontief … circulation of capital goods among producers. They disaggregate the macroeconomic production function so as to introduce multiple … producers and capital goods. We show that these models offer two main explanations of economic change: one is based on the …
Persistent link: https://www.econbiz.de/10011122330