Showing 1 - 10 of 10,386
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
We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R …
Persistent link: https://www.econbiz.de/10011422057
This paper revisits the role of the manufacturing sector during the middle-income stage. By exploiting a large dataset that covers internationally comparable sectoral information, we prove that the manufacturing sector is imbued with three important characteristics. First, for middle-income...
Persistent link: https://www.econbiz.de/10011476359
technological progress is much more evenly distributed across sectors than TFP. -- Total Factor Productivity ; Generalized Malmquist … Productivity Index ; sectoral technical change …
Persistent link: https://www.econbiz.de/10009579300
Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon coun-tries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...
Persistent link: https://www.econbiz.de/10010343753
This paper employs a nonparametric approach to investigate the sources of growth in labor productivity for 77 countries … and to decompose it in the following three components: (1) total factor productivity; (2) capital deepening; and (3 …
Persistent link: https://www.econbiz.de/10013130925
For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non-­neutral technology proposed by McGrattan & Prescott (2010)...
Persistent link: https://www.econbiz.de/10012961605
This paper introduces new estimates of recent productivity developments in the United States, using an appropriate … continued strong performance of U.S. productivity since 2000. We find that the major sectoral players in the late 1990s pickup … were not contributors to the more recent surge in productivity. Rather, striking gains in MFP in the finance and business …
Persistent link: https://www.econbiz.de/10012709388
This paper investigates the impact of structural reforms on productivity growth. A panel analysis of 20 OECD countries … finds that the impact of structural reforms on productivity growth may be weak or negative in the short run, possibly due to … run, however, structural reforms are found to have significantly positive effects on productivity growth …
Persistent link: https://www.econbiz.de/10013317962
For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non-neutral technology proposed by McGrattan & Prescott (2010) to...
Persistent link: https://www.econbiz.de/10012950924