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This paper examines the effect of inflation on productivity growth in Australia. Broad historical correlations suggest … a negative relationship between inflation and aggregate productivity growth. The low-frequency nature of the … significant results with industry-level inflation explaining industry productivity. We also find that the relationship varies by …
Persistent link: https://www.econbiz.de/10005423531
The impact of competition on productivty growth is investigated using a panel of observations for 2,000 enterprises in Dutch manufacturing (1978-1993).
Persistent link: https://www.econbiz.de/10005609530
For most indexes in the Consumer Price Index (CPI), the Bureau of Labor Statistics (BLS) uses a form of the matched-model approach. It has long been recognized that the matched-model method can underestimate quality improvement, and therefore overestimate price inflation, for products exhibiting...
Persistent link: https://www.econbiz.de/10010860713
This paper explores the dynamics of price-cost mark-ups using firm-level data, paying particular attention to the crisis period 2008-2011. To this end, we apply the econometric framework developed by Klette (1999) to a comprehensive sample of Spanish non-financial corporations in order to...
Persistent link: https://www.econbiz.de/10010862280
This paper empirically examines the impact of financial constraints on Japanese firms' pricing behavior. In spite of a large swing in demand in the bubble era and the lost decade, aggregate prices did not fluctuate much in these periods. Such price rigidity can be explained by customer market...
Persistent link: https://www.econbiz.de/10010907508
The initial estimates of August by industrial enterprises received by means of business surveys carried out by the Gaidar Institute1 showed improvement of the situation in industry. Actual changes in demand retained the previous dynamics; as a result, the achieved volumes of sales were rated...
Persistent link: https://www.econbiz.de/10010940054
Macroeconomists have traditionally ignored the behavior of temporary price markdowns (“sales”) by retailers. Although sales are common in the micro price data, they are assumed to be unrelated to macroeconomic phenomena and generally filtered out. We challenge this view. First, using the...
Persistent link: https://www.econbiz.de/10010960391
According to business surveys of the Gaidar Institute1 carried out in May, the situation in the Russian industry changed for the better. Forecasts of changes in demand, output and employment demonstrate positive dynamics. The stocks of finished products are successfully controlled by...
Persistent link: https://www.econbiz.de/10010925842
Апрельские данные конъюнктурных опросов Института Гайдара показывают явное ухудшение ситуации в российской промышленности. Сокращение спроса увеличивает...
Persistent link: https://www.econbiz.de/10011211461
Согласно данным конъюнктурных опросов Института Гайдара1 октябрь не внес никаких принципиальных изменений ни в динамику спроса, ни в динамику выпуска...
Persistent link: https://www.econbiz.de/10011211465