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In this paper, we present international comparisons of potential output growth among several economies - Canada, the Euro area, France, Germany, Italy, Japan, the Netherlands, the United Kingdom, and the United States - for the period 1991-2004. The main estimates rely on a structural approach...
Persistent link: https://www.econbiz.de/10013316775
total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …
Persistent link: https://www.econbiz.de/10009535843
Two different approaches are used in this article to study productivity per employee: the determinants of its growth … shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent … paper, the employment rate and productivity exhibit a significant negative relationship, arising from the concentration of …
Persistent link: https://www.econbiz.de/10014188048
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
Persistent link: https://www.econbiz.de/10010466017
&D has positive long-run regression coefficients for direct effects on productivity and indirect ones via private R&D. Here …
Persistent link: https://www.econbiz.de/10015071017
Persistent link: https://www.econbiz.de/10013366690
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productivity growth ; technology indicator ; technology shifter ; OECD countries …
Persistent link: https://www.econbiz.de/10009425734
In this paper we add to the debate on the public capital - productivity link by exploiting very recent developments in … controlling for other productivity determinants like human capital, the stock of patents and R&D capital. …
Persistent link: https://www.econbiz.de/10010343855
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012829322