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We propose a model of production where technical change is both time and management induced. We define a general management index in addition to the general time index of Baltagi and Griffin (1988) and use them as arguments in the translog productionfunction. Time and management induced...
Persistent link: https://www.econbiz.de/10010312081
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
productivity growth ; technology indicator ; technology shifter ; OECD countries …
Persistent link: https://www.econbiz.de/10009425734
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …
Persistent link: https://www.econbiz.de/10011595871
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …
Persistent link: https://www.econbiz.de/10012098960
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …
Persistent link: https://www.econbiz.de/10012966058
We study the impact of techies--engineers and other technically trained workers--on firm-level productivity. We first report new facts on the role of techies in the firm by using French administrative data and unique surveys. Techies are STEM-skill intensive and are associated with innovation,...
Persistent link: https://www.econbiz.de/10014322729
Recent years have brought growing evidence for an increasing labour demand for high skilled and a deterioration of the labour position of less skilled employees. The two most common explanations for this finding are an increasing international trade and a skill biased technological change....
Persistent link: https://www.econbiz.de/10010276294
This paper is concerned with measuring and influencing the direction of technological change. First, it provides a comprehensive assessment of the factor bias of technological change using panel data from the World Input-Output Database (WIOD) for 25 EU countries from 1995 to 2009. We measure...
Persistent link: https://www.econbiz.de/10011340224
Recent years have brought growing evidence for an increasing labour demand for high skilled and a deterioration of the labour position of less skilled employees. The two most common explanations for this finding are an increasing international trade and a skill biased technological change....
Persistent link: https://www.econbiz.de/10011412865