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Labor productivity (LP) in the United States has gone from being procyclical to acyclical since the mid-1980s. Using … industry-level data, this paper first shows that total factor productivity (TFP), which is LP net of capital deepening, has … reasons for the change in the cyclicality of productivity. By decomposing TFP into technical change and input utilization, it …
Persistent link: https://www.econbiz.de/10010490366
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values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …-level (EU-KLEMS) and firm-level (Amadeus) data. After adding further assumptions about technology and market structure (firms …
Persistent link: https://www.econbiz.de/10010269431
productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic … compared with the western region. Foreign direct investment (FDI) and information and communication technology (ICT) investment …
Persistent link: https://www.econbiz.de/10003323158
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technical change and TFP growth of provinces. -- Technical change ; total factor productivity growth ; technology indicator … trend (purely external non-economic) as well as other exogenous (external economic) factors (technology shifters). We define … technology index based on the external economic factors which are indicators of ‘technology’. Thus our definition of production …
Persistent link: https://www.econbiz.de/10003941555
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productivity growth ; technology indicator ; technology shifter ; OECD countries … call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are …
Persistent link: https://www.econbiz.de/10009425734
and wages in Vietnamese manufacturing? Second, what determines productivity in Vietnamese manufacturing: the roles of … technology and institutions? Third, what are the constraints of the investment climate on Vietnamese manufacturing technical …
Persistent link: https://www.econbiz.de/10009691692
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