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We offer a macroeconomic assessment of China’s Reform Period, highlighting several neglected channels underlining its great expansion. Estimating the supply side of the post-Reform economy reveals the relatively high (above unity) value of the elasticity of factor substitution and the...
Persistent link: https://www.econbiz.de/10011904381
efficiency units, as well as government expenditure reflecting total factor productivity(TFP), we analyze CES production …
Persistent link: https://www.econbiz.de/10010345185
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
Persistent link: https://www.econbiz.de/10012239797
Using data from CHIPS 1995-2013, we find polarization of employment from middle-income Skilled jobs to work in the Unskilled and Self-Employment job categories. This redistribution of employment is consistent with the automation of routine noncognitive tasks in the skilled sector as analyzed in...
Persistent link: https://www.econbiz.de/10011871361
, several existing growth-accounting studies reveal that impressively high rates of productivity growth have been at the heart … of China's performance. This study investigates to what extent these productivity increases can be explained by …-adoption framework. It can account for roughly 80% of China's productivity gains. -- technological progress ; technology adoption ; TFP …
Persistent link: https://www.econbiz.de/10003774716
The paper aims to investigate relationships between technology and innovation management, total factor productivity and … economic growth in China. By comparing the trends in total factor productivity growth of industrialized economies (i.e. OECD …), this study intends to showcase the importance of total factor productivity progress in the Chinese economy. The study …
Persistent link: https://www.econbiz.de/10013296140
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical …
Persistent link: https://www.econbiz.de/10012179650
that capital deepening made China's production and exports more capital-intensive, although labor-biased productivity …
Persistent link: https://www.econbiz.de/10014544694
) econometric model, as revisited by Mele (2010) enriched by Kalman's filter, our objective is to verify if the Eurozone crisis has …
Persistent link: https://www.econbiz.de/10012956085
Persistent link: https://www.econbiz.de/10009688097