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The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as … been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in …
Persistent link: https://www.econbiz.de/10009541118
We suggest a theoretical basis for the comparative evaluation of forecasts. Instead of the general assumption that the data is generated from a stochastic model, we classify three stages of prediction experiments: pure non-stochastic prediction of given data, stochastic prediction of given data,...
Persistent link: https://www.econbiz.de/10009728977
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their association with productivity growth across 19 sectors in UK manufacturing between 1970 and 1992. Using the … in 1970. Sectors classified as relatively open enjoyed significantly higher rates of total factor productivity (TFP … productivity and lagged values of each of the observed measures of openness. This relationship was explained by a strong …
Persistent link: https://www.econbiz.de/10014171718
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … experienced contrasting advances in productivity, in particular as a result of unequal investment in information and communication … technology (ICT). The past 120 years have been characterized by: (i) rapid economic growth and large productivity gains in all …
Persistent link: https://www.econbiz.de/10013142701
from the EUKLEMS database. Our main findings are as follows. Over 2000-2005, market sector labour productivity grew at 2 … innovation contributed 61% (=(1.24+0.45)/2.74)of labour productivity growth over the period. -- Innovation ; productivity growth …
Persistent link: https://www.econbiz.de/10003811075
Persistent link: https://www.econbiz.de/10011972841
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10013118044
Understanding productivity performance is important to informing policy advice on how to improve productivity and … therefore New Zealand's overall economic performance. Given data limitations inherent in international productivity comparisons … evidence on the performance of the New Zealand economy. Previous international productivity comparisons involving New Zealand …
Persistent link: https://www.econbiz.de/10012115600
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