Showing 1 - 10 of 7,482
A typical (roughly) two-digit industry in the United States appears to have constant or slightly decreasing returns to scale. Three puzzles emerge, however. First, estimates often rise at higher levels of aggregation. Second, apparent decreasing returns contradicts evidence of only small...
Persistent link: https://www.econbiz.de/10014031071
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
literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …
Persistent link: https://www.econbiz.de/10012835343
literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …
Persistent link: https://www.econbiz.de/10012871740
literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …
Persistent link: https://www.econbiz.de/10012118296
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 contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 50 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10013183835
This paper investigates the evolution of aggregate productivity and markups among French manufacturing firms between … 1994 and 2016, by focusing on the role of reallocation with respect to both aggregate measures. Firm-level productivity and … aggregate productivity growth of about 34% over the whole period while aggregate markups are found to remain relatively stable …
Persistent link: https://www.econbiz.de/10014468964
-on empirical work, Bloom, Jones, Van Reenen and Webb (2020) document declining research productivity across a number of domains …, and interpret the decline as fishing out. However, it's possible productivity has declined for other reasons, e.g., that …
Persistent link: https://www.econbiz.de/10012824731