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The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …
Persistent link: https://www.econbiz.de/10010466016
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The method is applied to 1-digit industries of 14 OECD...
Persistent link: https://www.econbiz.de/10010466017
industries, which account for 45% of all Spanish exports. Finally, granularity explains around one-third of the growth in Spanish …Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in … 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over …
Persistent link: https://www.econbiz.de/10011751409
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in …
Persistent link: https://www.econbiz.de/10010815995
legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …
Persistent link: https://www.econbiz.de/10004979467
effects. We find clear evidence that anticompetitive regulations in upstream sectors have curbed MFP growth downstream over … increase MFP growth by between 1 and 1.5 per cent per year in the OECD countries covered by our sample. Our results are robust …
Persistent link: https://www.econbiz.de/10008527524
The Canadian service sector has performed well in recent years in terms of labour and multifactor productivity growth … sector. Service sector labour productivity growth has also shown a marked acceleration in both Canada and the United States … Canadian success story. The sources of the acceleration in service sector labour productivity growth were different in the two …
Persistent link: https://www.econbiz.de/10005518937
The slower productivity growth in Canada relative to that experienced in the United States in the second half of the … development. A key issue is whether this slower productivity growth is broadly-based, which would imply a societal … productivity growth in Canada and the United States in the 1990s. They find that the productivity growth gap in the 1990s at both …
Persistent link: https://www.econbiz.de/10005518950
Both ICT-producing and ICT-using industries have contributed disproportionately to labour productivity growth in the …-using industries to productivity growth. In the 1995-2000 period, the contribution of ICT-producing industries to labour productivity … growth was similar in Canada and the Europe, but only half that in the United State. In terms of the contribution of ICT …
Persistent link: https://www.econbiz.de/10005518955
The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in … with the United States can be accounted for by our slower labour productivity growth. In the first half of the period our … of productivity growth in the United States after 1995 was responsible for our relative deterioration in living standards …
Persistent link: https://www.econbiz.de/10005518960