Showing 1 - 10 of 4,440
This study examines how aging affects labor productivity using industry-level data of Japan and Korea. The analysis … shows that, for both Japan and Korea, aging has positive effects on labor productivity when older workers are working in … average, older workers exert positive effects on labor productivity across all industries when they are low-educated in Japan …
Persistent link: https://www.econbiz.de/10014102316
Misallocation of human capital across sectors can have substantial negative implications for aggregate output. So far, the literature examining this type of labor misallocation has assumed a Cobb-Douglas production function. Our paper departs from this assumption and instead considers more...
Persistent link: https://www.econbiz.de/10014429346
studies have found that this result is brought about by relatively few service industries, where productivity growth has …'s Disease", according to which imbalances in productivity growth between a "progressive" (manufacturing) and a "nonprogressive …Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. Several recent …
Persistent link: https://www.econbiz.de/10003387432
We ask whether a weaker contribution of information and communication technologies (ICT) to productivity growth could … methods capturing channels through which ICT could affect aggregate productivity growth. This includes an approach "à la Cette … continues to contribute to productivity growth, but that this contribution has declined and accounts for part of the …
Persistent link: https://www.econbiz.de/10011954562
the so-called "Growth Disease", i.e., the tendency of aggregate productivity growth to slow down in the process of … service sector may raise rather than lower aggregate productivity growth if the service industries produce intermediate rather … raised or lowered aggregate productivity growth in the G7 countries. …
Persistent link: https://www.econbiz.de/10011776981
sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data …, we document the size of the negative effect that structural change has exerted onto productivity growth over long time … structural change may have on future productivity growth. This model generates structural change through both price and income …
Persistent link: https://www.econbiz.de/10012670165
based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment …This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States …
Persistent link: https://www.econbiz.de/10012782678
We explain labor productivity differences of the service sector between Europe and the U.S. through the labor … allocation taking place within the service sector. We measure labor productivity using a multisector structural transformation … trade as well as business services to be the two sectors responsible for most of the lack of catch-up in labor productivity …
Persistent link: https://www.econbiz.de/10012959912
studies have found that this result is brought about by relatively few service industries, where productivity growth has …'s Disease', according to which imbalances in productivity growth between a 'progressive' (manufacturing) and a 'nonprogressive …Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. Several recent …
Persistent link: https://www.econbiz.de/10014054099
This paper proposes to explain the productivity growth slowdown with the poaching of disruptive inventors by firms … these inventors threaten with their research. I build an endogenous growth model with incremental and disruptive innovation … disruptive innovations to confirm the main features of the model: Disruptions increase future research productivity, hurt …
Persistent link: https://www.econbiz.de/10014541610