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Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark … develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita … into two basic drivers: labour supply and labour productivity. Labour supply is in turn determined by the hours worked per …
Persistent link: https://www.econbiz.de/10005650205
This article, by Ian A. Stewart, is a review of the recently released Industry Canada research volume Productivity … the volume represents an important contribution to the productivity literature in Canada. He points out that data and … the macroeconomic perspective in the analysis of productivity growth. He believes that the golden age of productivity …
Persistent link: https://www.econbiz.de/10005518975
investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the … theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and … understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy …
Persistent link: https://www.econbiz.de/10011115766
Persistent link: https://www.econbiz.de/10005037410
productivity growth in the tradable goods sector in Australia, New Zealand, and their major trading partners accounts for a …
Persistent link: https://www.econbiz.de/10005248284
The fundamental importance of skills for productivity advance is being increasingly recognized. In this article … detailed examination of the dynamics of innovation and determinants of productivity at the firm and industry level in Canadian … inter-industry differences in productivity levels among manufacturing industries. The authors conclude that Canada could …
Persistent link: https://www.econbiz.de/10005650236
Die Weltkonjunktur zeigt sich im Frühsommer 2003 leicht aufwärtsgerichtet. Zu einer durchgreifenden Erholung ist es bisher noch nicht gekommen. Belastend wirkten insbesondere die Irak-Krise, der zwischenzeitliche Höhenflug des Erdölpreises, der Ausbruch der Lungenkrankheit SARS sowie die...
Persistent link: https://www.econbiz.de/10005013285
The fourth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards … contains five articles. Topics covered are: recent productivity developments in the United States and Canada and implications … for the Canada-U.S. productivity and income gaps; the importance of skills for innovation and productivity; the diffusion …
Persistent link: https://www.econbiz.de/10005650247
Both ICT-producing and ICT-using industries have contributed disproportionately to labour productivity growth in the …-using industries to productivity growth. In the 1995-2000 period, the contribution of ICT-producing industries to labour productivity …
Persistent link: https://www.econbiz.de/10005518955
The subprime crisis raised some fundamental questions about the usefulness of mainstream economics. This paper considers the shortcomings of the new neoclassical synthesis and the new macroeconomic consensus in analysing the causes and consequences of the crisis. It demonstrates that the major...
Persistent link: https://www.econbiz.de/10010817033