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This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of …
Persistent link: https://www.econbiz.de/10011595871
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of …
Persistent link: https://www.econbiz.de/10012098960
Persistent link: https://www.econbiz.de/10010199472
To what extent has input reallocation contributed to aggregate productivity growth in the banking sectors of Europe and … productivity has grown by reallocating inputs through the first half of the sample period, at the same time when reallocation … reallocation is an important driver of increases in productivity. …
Persistent link: https://www.econbiz.de/10010486867
Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years. Recent micro studies and anecdotal evidence points to industrialized countries as the sources of knowledge in EMEs. In this context, we examine ideas production and international...
Persistent link: https://www.econbiz.de/10011752254
economic growth into capital-deepening and productivity components, to a more complex account of the growth process. In the … more complex account, capital and productivity interact, both are endogenous, and quality change in inputs and output … matters. New developments in micro-level productivity analysis are also reviewed, and the long-standing question of net versus …
Persistent link: https://www.econbiz.de/10014025148
Persistent link: https://www.econbiz.de/10014513079
. Following Baumol's cost disease hypothesis, (unexplained) productivity differentials between the industrial and service sectors … are often utilized to explain the recent dominance of the service sector. We hypothesize that the productivity … productivity and variables from our model representing the technological substitution conditions. Our findings support this …
Persistent link: https://www.econbiz.de/10010327363
productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic …
Persistent link: https://www.econbiz.de/10010267745
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10010269407