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Industry or services ? (Industry and services' integration in global knowledge economy)
Popescu, Radu; Sandu, Irina - In: Revista de Economie Industriala (Journal of Industrial … 6 (2008) 1, pp. 53-58
especially of production and distribution systems' integration. …
Persistent link: https://www.econbiz.de/10005797711
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Capital Redistribution and the Market Allocation of Firm-Ownership
Grüner, Hans Peter; Schils, Ruediger - C.E.P.R. Discussion Papers - 2002
production requires an unobservable input. The economy's wealth distribution affects the equilibrium interest rate and the …
Persistent link: https://www.econbiz.de/10005123568
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Information Technology and the Japanese Economy
Jorgenson, Dale; Motohashi, Kazuyuki - National Bureau of Economic Research (NBER) - 2005
In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The...
Persistent link: https://www.econbiz.de/10005084656
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INCOMPLETE PROPERTY RIGHTS, REDISTRIBUTION, AND EFFICIENCY
Amegashie, J. Atsu - Department of Economics and Finance, College of … - 2007
In a world where the private protection of property is costly, government redistribution can lead to an increase in aggregate output. I find that while redistribution increases aggregate output, it may make some members of the society worse off. The State may directly enhance economic rights...
Persistent link: https://www.econbiz.de/10005429833
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Ghostbusting; Which Output Gap Measure Really Matters?
Billmeier, Andreas - International Monetary Fund (IMF) - 2004
This paper investigates various output gap measures in a simple inflation forecasting framework. Reflecting the cyclical position of an economy, an (unobservable) output gap has important implications for economic analysis. I construct and compare common output gap measures for five European...
Persistent link: https://www.econbiz.de/10005826587
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Who is Still Haunted by the Specter of Communism? Explaining Relative Output Contractions Under Transition
Elborgh-Woytek, Katrin; Berengaut, Julian - International Monetary Fund (IMF) - 2005
The paper analyzes the initial output decline in transition economies by estimating a crosssection model stressing two major factors-conflicts and the legacies of the Soviet period. We link the Soviet legacies in place at the outset of the transition to the subsequent path for the development of...
Persistent link: https://www.econbiz.de/10005769029
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What Causes Firms to Hide Output? the Determinants of Informality
Inchauste, Gabriela; Gradstein, Mark; Dabla-Norris, Era - International Monetary Fund (IMF) - 2005
In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factors such as tax and regulation burden, financial market development, and the quality...
Persistent link: https://www.econbiz.de/10005769293
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Gdp Growth, Potential Output, and Output Gaps in Mexico
Faal, Ebrima - International Monetary Fund (IMF) - 2005
This paper analyzes the sources of Mexico's economic growth since the 1960s and compares various decompositions of historical growth into its trend and cyclical components. The role of the implied output gaps in the inflationary process is then assessed. Looking ahead, the paper presents...
Persistent link: https://www.econbiz.de/10005604901
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Did Output Recover From the Asian Crisis?
Cerra, Valerie; Saxena, Sweta Chaman - International Monetary Fund (IMF) - 2003
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10005604941
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Relating the Knowledge Production Function to total Factor Productivity; An Endogenous Growth Puzzle
Joutz, Frederick L.; Abdih, Yasser - International Monetary Fund (IMF) - 2005
The knowledge production function is central to R&D-based growth models. This paper empirically investigates the … knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests … there are two long-run cointegrating relationships. The first captures a long-run knowledge production function; the second …
Persistent link: https://www.econbiz.de/10005605296