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This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the aggregate and sectoral levels by employing an econometric growth-accounting approach. First, our results show that intangible capital deepening accounts for around 40 percent of labor...
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the aggregate and sectoral levels by employing an econometric growth-accounting approach. First, our results show that intangible capital deepening accounts for around 50 percent of labor...
Persistent link: https://www.econbiz.de/10013183835
Real value-added per employee in U.S. manufacturing fell between 2010 and 2016. Manufacturing accounted for over half … aggregate value-added. While productivity growth fell in almost all three-digit manufacturing industries, almost 40% of the fall … in aggregate manufacturing productivity growth reflected a slower decline of the deflator for computers and electronic …
Persistent link: https://www.econbiz.de/10014116390
while the manufacturing sector contributed only 4 per cent to GDP in 2011. The economic transformation agenda, otherwise …
Persistent link: https://www.econbiz.de/10010233106
the Chinese manufacturing sector. We use a potential market size measure driven only by changes in the Chinese income …This paper investigates the effect of market size on innovation activities across different durable good industries in … distribution which is exogenous to changes in prices and qualities of durable goods to instrument for actual future market size …
Persistent link: https://www.econbiz.de/10010338977
We investigate structural change in the PR China during a period of particularly rapid growth 1998-2014. For this, we utilize sectoral data from the World Input-Output Database and firm-level data from the Chinese Industrial Enterprise Database. Starting with correlation laws known from the...
Persistent link: https://www.econbiz.de/10014497610
business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall … effects of firm size on TFP growth are negative …
Persistent link: https://www.econbiz.de/10013316793
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046
Norwegian growth has been strong over the past decade. This development has been supported by the off-shore sector, but depleting oil reserves implies that growth will have to rely increasingly on the mainland economy. Empirical work shows that competition is important for promoting economic...
Persistent link: https://www.econbiz.de/10012444401
Over the past decade, French economic growth has been insufficient to bring down high and persistent unemployment. Available cross-country evidence suggests that enhancing competition is an important means to improve economic performance. France is catching up with best practice in competition...
Persistent link: https://www.econbiz.de/10012445441