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This report presents new estimates of the levels and growth rates of labour, capital and multifactor productivity for … industry levels. Also, estimates of the sources of labour productivity growth (capital intensity, labour quality, and … multifactor productivity) are presented. Furthermore, this report examines the labour productivity gap between the provinces and …
Persistent link: https://www.econbiz.de/10008690318
Persistent link: https://www.econbiz.de/10005547015
We introduce two new indexes of labour productivity growth. Both indexes are intended to capture the shift in the short … to the U.S. industry data of the years 1970–2005, we compare newly proposed index of labour productivity growth with the … growth of average labour productivity over periods and across industries. We revisit the hypothesis of Baumol’s disease …
Persistent link: https://www.econbiz.de/10009025266
This study empirically investigates the Kaldor-Verdoorn Law for the Agriculture, Constructions, Industry (narrowly-defined) and Marketable Services sectors of the Centre-North and Southern parts of Italy. Differently from previous studies about the Italian economy, this paper considers the...
Persistent link: https://www.econbiz.de/10008553202
Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. Several recent … studies have found that this result is brought about by relatively few service industries, where productivity growth has …’s Disease’, according to which imbalances in productivity growth between a ‘progressive’ (manufacturing) and a ‘nonprogressive …
Persistent link: https://www.econbiz.de/10005731482
From a neo-Kaldorian perspective, this paper seeks to establish the concepts of demand and productivity regimes in an … Keynesian multiplier is derived for an open economy, while the productivity regime is built in terms of disaggregated Kaldor … of demand patterns, while being affected by differential rates of productivity growth in different sectors of the economy …
Persistent link: https://www.econbiz.de/10011109338
approach, we assert that the social compromise between capital and labour is founded on the redistribution of the productivity … productivity growth. We think that describing the dynamics of productivity means understanding the main features of the …, increasing productivity - via knowledge and network externalities - output and employment). As a result, we first point out the …
Persistent link: https://www.econbiz.de/10008784955
An important indicator of the performance of any economy is the productivity and the connections between the labour … productivity, Kaldor and Verdoorn have undertaken a serious verification of some relationship between production, employment and … productivity, in an attempt to explain the dynamics of inter-regional and inter-sectoral economies, resulting in the designation of …
Persistent link: https://www.econbiz.de/10008558767
Zwischen 1980 und 2001 ist das Bruttoinlandsprodukt in Bayern um durchschnittlich 5,2% (nominal) pro Jahr gewachsen. Zur gesamten Zunahme des Bruttoinlandsprodukts trugen die Dienstleistungen 3,3% bei, doppelt so viel wie die Industrie. Das bedeutet aber nicht, dass in regionaler Betrachtung der...
Persistent link: https://www.econbiz.de/10008838944
Persistent link: https://www.econbiz.de/10011091136