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positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of …We focus on human capital measured by education outcomes (skills) and establish the relationship between human capital …, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the …
Persistent link: https://www.econbiz.de/10011595984
In economic development, structural change among the three main sectors of an economy accompanies with aggregate economic growth. Nevertheless the question whether economic growth causes structural change or change in the economic structure causes aggregate growth is still unanswered. To shed...
Persistent link: https://www.econbiz.de/10003833147
This paper attempts to enhance empirical understanding of the effects of structural-change variables on economic outcomes. The relationships between sectoral shares and (1) the speed of structural change and (2) economic growth were examined for a large panel of 111 economies over the period of...
Persistent link: https://www.econbiz.de/10014343679
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in … impact as against alternative channels of investments in other forms of intangible capital such as improvements in skills …, management and organization. For this, we specify an extended production function relating productivity explicitly to R&D and ICT …
Persistent link: https://www.econbiz.de/10014154788
The objective of this study is to test empirically the relationship between structural changes (changes in gross value added and employment) and economic growth. We used a panel Granger-causality analysis based on annual data for eight transition countries, covering the period 1995-2011. The...
Persistent link: https://www.econbiz.de/10012174882
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 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
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
The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We …
Persistent link: https://www.econbiz.de/10010466016
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
Persistent link: https://www.econbiz.de/10010466017