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In this paper we add new results to the investigation of productivity levels rather than productivity changes, as proposed by Hall/Jones (1996, 1997, 1999). To obtain measures of relative productivity levels we depart from traditional growth accounting and calculate the Malmquist index of total...
Persistent link: https://www.econbiz.de/10008533720
The twin-peaked (bimodal) shape of the distribution of per capita income is an intensively discussed topic in economic growth research. The data show that the world income distribution starts with an unimodal structure in 1960 and evolves subsequently towards a bimodal or twin-peaked structure....
Persistent link: https://www.econbiz.de/10008578999
Only recently a new stylised fact of economic growth has been introduced, the bimodal shape of the distribution of per capita income or the twin-peaked nature of that distribution. Drawing on the Summers/Hestons Penn World Table 5.6 (1991) we determine kernel density distributions which are able...
Persistent link: https://www.econbiz.de/10004983473
The present article examines one of the central elements of evolutionary thinking--competition formalized by the replicator dynamics mechanism. Using data on product characteristics of automobiles sold on the German domestic market over the period 2001--2006, we construct a competitiveness or...
Persistent link: https://www.econbiz.de/10010969847
Paul Geroski has established two stylized facts with respect to the prevalence of differential changes (mobility) of indicators of economic and technological performance indicators: technological indicators show a larger amount of mobility than do economic indicators. We assess the two stylized...
Persistent link: https://www.econbiz.de/10005786079
Paul Geroski has established two stylized facts with respect to the prevalence of differential changes (mobility) of indicators of economic and technological performance: technological indicators show a larger amount of mobility than do economic indicators. We assess the two stylized facts for a...
Persistent link: https://www.econbiz.de/10005705010
Persistent link: https://www.econbiz.de/10005719045
The present paper examines one of the central elements of evolutionary thinking - competition formalized by the replicator dynamics mechanism. Using data on product characteristics of automobiles sold on the German domestic market over the period 2001-2006, we construct a competitiveness or...
Persistent link: https://www.econbiz.de/10008478715
In this paper different formulae for the decomposition of aggregate productivity levels and changes are applied to a sample of German manufacturing firms that pertain to 11 different industries at a roughly two-digit level observed over the period 1981-1998. Productivity is measured by a...
Persistent link: https://www.econbiz.de/10005105642
Persistent link: https://www.econbiz.de/10005105643