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Aggregate productivity under an energy-based approach

Arora, Vipin - 2016

Obtaining reliable data on capital is a recurring challenge when estimating economy-wide productivity growth, especially for developing countries. In this paper I construct energy-based productivity series which use energy consumption instead of capital when making such estimates. I first show...

Persistent link: https://www.econbiz.de/10011427933

Labor productivity growth in EU28 : spatial panel analysis

Olejnik, Alicja; Olejnik, Jakub - 2015

the important structure of the age-productivity relation of Human Capital. The study is fundamentally based on the theory … of Fingleton's model which analyses the spatial process of productivity growth on the on the foundations of the theory of …

Persistent link: https://www.econbiz.de/10011479474

Baumol versus Engel: accounting for 100 years (1885-1985) of structural transformation in Japan

Fukao, Kyōji; Paul, Saumik - 2019

This paper examines the drivers of the long-run structural transformation in Japan. We use a dynamic input-output framework that decomposes the reallocation of the total output across sectors into two components: the Engel effect (demand side) and the Baumol effect (supply side). To perform this...

Persistent link: https://www.econbiz.de/10012130126

Modeling economic growth : Domar on moving equilibrium

Boianovsky, Mauro - 2015 - Sixth draft (November 2016)

economy was supposed to be stable, although the model itself was not perfectly consistent with that. The estimation of the …

Persistent link: https://www.econbiz.de/10011600630

Why does the productivity of investment vary across countries?

Nell, Kevin S.; Thirlwall, Anthony P. - 2017

investment. In "new" growth theory regressions, which include the investment ratio, all other included variables pick up why the … productivity of investment differs between countries. This paper converts a "new" growth theory regression equation into … neoclassical growth theory, and to identify the major determinants of differences in the productivity of investment using the …

Persistent link: https://www.econbiz.de/10011617404

Mapping the Two Faces of R&D : Productivity Growth in a Panel of OECD Industries

Griffith, Rachel; Redding, Stephen J.; Van Reenen, John - 2015

Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer by improving the ability of firms to learn about advances in the leading edge ('absorptive capacity'). In this paper we document that there has...

Persistent link: https://www.econbiz.de/10014038646

International resource tax policies beyond rent extraction

Bretschger, Lucas; Valente, Simone - 2013

We study the incentives of selfish governments to tax tradable primary inputs un- der asymmetric trade. Using an empirically-consistent model of endogenous growth, we obtain explicit links between persistent gaps in productivity growth and the observed tendency of resource-exporting (importing)...

Persistent link: https://www.econbiz.de/10010221090

Unemployment and productivity growth : an empirical analysis within the augmented Solow model

Bräuninger, Michael; Pannenberg, Markus - 2016

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on the growth rate and the level of productivity....

Persistent link: https://www.econbiz.de/10011440805

Debt and productivity : evidence from firm-level data

Gomis, Roger M.; Khatiwada, Sameer - 2017

There are relatively few studies that use micro data to shed light on the relationship between finance and economic growth - the few that exists show that there is a positive relationship between debt and future productivity growth. Meanwhile, several new macro-econometric studies have shown...

Persistent link: https://www.econbiz.de/10011582310

A framework to study the role of structural transformation in productivity growth and regional convergence

Fukao, Kyōji; Paul, Saumik - 2018

We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese prefecture-level data from 1874 to 2008, we find support...

Persistent link: https://www.econbiz.de/10011843800

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