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We analyze the behavior of plant-level real wages and productivity in Turkish manufacturing after the transition to … democratic transition forced firms to increase productivity to stay competitive. The findings also help explain why countries … that undergo an orderly transition from autocracy to democracy may achieve rapid productivity gains. …
Persistent link: https://www.econbiz.de/10012597043
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011869248
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across … reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and … payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term …
Persistent link: https://www.econbiz.de/10012996099
Chile has exhibited sharp cyclical and trend variation in its GDP and TFP growth rates during the last half century. This paper presents new estimates of the sources of Chile's growth and new measures for factor inputs and TFP during 1960-2005. Capital series are adjusted by utilization and...
Persistent link: https://www.econbiz.de/10012947260
Total factor productivity (TFP) is an important component of growth for most countries. This article assesses the role …
Persistent link: https://www.econbiz.de/10012915163
-level productivity growth in three Turkish manufacturing industries. The results are somewhat supportive of the Schumpeterian hypothesis … given that the productivity effects within plants contributed the most to the aggregate level productivity growth. However …, the results generally contradict the insight that plants entering the market have higher productivity than plants that …
Persistent link: https://www.econbiz.de/10012845865
, which in turn feeds back to slower productivity growth. During the decade ending in 2014:Q4, U.S. real GDP grew at only 1 … productivity growth combine diminishing returns that have set in following the ICT revolution of the 1996-2004 "dot.com" era with a … activity among youth. While future productivity growth will be slower than before 2004, it will still continue as in the past …
Persistent link: https://www.econbiz.de/10012982246
performance of entire economies: 1) a productivity effect through the ICT-producing sector, 2) an investment effect from ICT …-using industries through capital deepening, and 3) a productivity effect from an efficiency rise through the use of ICT which goes … beyond the direct capital deepening effect. The study finds that the slowing of the total factor productivity growth rate in …
Persistent link: https://www.econbiz.de/10012982248
the technological frontier of computing had on the productivity of firms?This paper focuses on the surprise change in chip ….5-0.7pp in yearly total factor productivity growth. These losses are permanent, and without adaptation would reflect a lower … long-term growth rate for these firms. These findings may help explain larger observed declines in the productivity growth …
Persistent link: https://www.econbiz.de/10012965518
trend in labour productivity and total factor productivity growth. This paper looks into growth accounting and structural …
Persistent link: https://www.econbiz.de/10014202991