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Persistent link: https://www.econbiz.de/10008667487
the important structure of the age-productivity relation of Human Capital. The study is fundamentally based on the theory … of Fingleton's model which analyses the spatial process of productivity growth on the on the foundations of the theory of …This paper is an attempt to explain variations across EU regions in productivity growth and takes into consideration …
Persistent link: https://www.econbiz.de/10011479474
Persistent link: https://www.econbiz.de/10003274791
productivity growth. This paper offers a quantitative study on the link between uncertainty and low productivity growth. Firstly … Recession. Secondly, to investigate the effect of uncertainty on productivity growth dynamics, I present a novel general … productivity growth when accounting for the empirical discrepancy between the realised and expected changes to the second-moment of …
Persistent link: https://www.econbiz.de/10012243292
The present study examines cross-national and sectoral differences in Total Factor Productivity (TFP) in fourteen …
Persistent link: https://www.econbiz.de/10013128077
I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and sector-specific, nonlinear … hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My … implemented in Germany in 2003-2005, is beneficial in the long-run as it raises growth of technology, labor productivity and real …
Persistent link: https://www.econbiz.de/10012870989
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using the standard neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a...
Persistent link: https://www.econbiz.de/10012546254
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using a neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction...
Persistent link: https://www.econbiz.de/10012546895
This paper examines the drivers of the long-run structural transformation in Japan. We use a dynamic input-output framework that decomposes the reallocation of the total output across sectors into two components: the Engel effect (demand side) and the Baumol effect (supply side). To perform this...
Persistent link: https://www.econbiz.de/10012130126
We analyze the behavior of plant-level real wages and productivity in Turkish manufacturing after the transition to … democracy in 1987 and test whether wages under democracy causes productivity. The Turkish experience provides almost an …, together with unprecedented total factor productivity and labor productivity growth. While these observations provide support …
Persistent link: https://www.econbiz.de/10012597043