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Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more human capital should have adopted more rapidly the skilled-labor augmenting technologies becoming available since the 1970's. High human capital levels should therefore have...
Persistent link: https://www.econbiz.de/10013317624
We develop a tractable growth model to study the dynamic macroeconomic effects of multinational production (MP) across countries. In this model, MP is the vehicle of international idea diffusion: when firms produce in a foreign country, they contribute to the local stock of knowledge. We...
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Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. The present essay builds on recent statistical advances to suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) -...
Persistent link: https://www.econbiz.de/10011435987
Productivity (TFP) growth in CEE countries. We show that due to their deep integration in GVCs, CEE countries have been exposed to …
Persistent link: https://www.econbiz.de/10011816163
structures. After providing a brief overview over comparative levels of economy-wide labour productivity between the EU-15 …, Hungary and Slovenia, a quantitative account of the sectoral content of the national productivity gap is calculated. The paper … develops a method to calculate the explanatory power of patterns of sectoral structures for the size of the productivity gap by …
Persistent link: https://www.econbiz.de/10013156566
productivity, we estimate efficiency measures for the East European, Baltic, and other former Soviet Union Countries using the … the average annual total factor productivity. These results suggest that, on average, chance in technical efficiency is …
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