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We examine productivity growth since World War II in the five leading research economies: West Germany, France, the … data on productivity, research, and patenting, we simulate the growth of the five countries, given initial productivity … simulations capture the magnitude of the slowdown in German, French, and Japanese productivity growth and the relative constancy …
Persistent link: https://www.econbiz.de/10014076313
robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …
Persistent link: https://www.econbiz.de/10014339316
to increase by 0.11 percentage point. This paper - a product of the Global Knowledge and Learning Division, World Bank …
Persistent link: https://www.econbiz.de/10014068658
incentives and the world distribution of income. An endogenous product cycle arises in equilibrium, in which innovative countries …
Persistent link: https://www.econbiz.de/10013054532
incentives and the world distribution of income. An endogenous product cycle arises in equilibrium, in which innovative countries …
Persistent link: https://www.econbiz.de/10010775239
Persistent link: https://www.econbiz.de/10013369341
Persistent link: https://www.econbiz.de/10014249060
of openness on innovation incentives and productivity growth. Finally, our model predicts that a more globalized world … innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with …
Persistent link: https://www.econbiz.de/10012920544
manufacturing goods produced by a resource-poor economy. Productivity growth in both countries is driven by endogenous innovations …
Persistent link: https://www.econbiz.de/10013039158
countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including … the overtaking of individual countries and the replacement of the technologically leading country in the course of world …
Persistent link: https://www.econbiz.de/10012953297