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This paper provides an introductory overview of the meaning and measurement of national accounts statistics. Attention is paid to the various uses of national accounts, the role of the international guidelines, the relationship with economic theoretic and administrative concepts and the...
Persistent link: https://www.econbiz.de/10013085380
applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual … Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the effect of optimal …
Persistent link: https://www.econbiz.de/10012782514
shippers and this, in turn, would have stimulated investments in productivity. However, we contend that a counter-effect would …
Persistent link: https://www.econbiz.de/10012957041
This paper draws lessons from post-World War II Western European economic performance for the current U.S. economy. We document that much of Western Europe grew very quickly from the end of World War II up to the mid-1970s, reflecting policies that incentivized technology adoption and investment...
Persistent link: https://www.econbiz.de/10012910785
We apply the tradable-nontradable framework (T-NT) to evaluate the lack of convergence in labor productivity among EU … Member States. Our results show that increases in overall productivity are primarily due to the tradable and not the … nontradable sectors of production. The low productivity growth in peripheral EU countries before the crisis was accompanied by a …
Persistent link: https://www.econbiz.de/10012890237
the 1980s. C-corporate form is subject to a time varying tax wedge, which offsets the productivity benefits. In a … (productivity), the share of total output generated by C-corporations, and the sensitivity of this share to the tax wedge. This … in the tax wedge since 1968 has expanded economy-wide productivity by about 4% …
Persistent link: https://www.econbiz.de/10012892096
Since the mid-1990s, Italy's economic growth faltered, primarily due to sluggish productivity growth. This article … growth-enhancing reforms in these areas. The simulations show that structural reforms could boost productivity and GDP growth …
Persistent link: https://www.econbiz.de/10012868091
I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and sector-specific, nonlinear … hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My … implemented in Germany in 2003-2005, is beneficial in the long-run as it raises growth of technology, labor productivity and real …
Persistent link: https://www.econbiz.de/10012870989
Governments in modern economies devote much policy attention to enhancing productivity and continue to emphasize its … drivers such as investment in R&D. This paper analyzes the relationship between productivity growth and levels of R …&D investments. The econometric analysis shows that more than 65 per cent of productivity growth variance is due to its dependence on …
Persistent link: https://www.econbiz.de/10013026326
Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized … our model with variable effort, greater labor market frictions are associated with procyclical labor productivity as well … data. By implication, labor market deregulation has a greater effect on the cyclicality of labor productivity and on the …
Persistent link: https://www.econbiz.de/10012547644