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This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their growth over time and relative counterparts are defined as...
Persistent link: https://www.econbiz.de/10014024949
Deutschland ist größter Brutto- und Nettoexporteur von forschungsintensiven Waren, noch vor den USA und Japan. Auch pro Kopf weist Deutschland mit rund 3 900 US-Dollar den größten Exportüberschuss bei forschungsintensiven Waren auf. Zudem profitiert Deutschland als Importeur und somit als...
Persistent link: https://www.econbiz.de/10011602138
The development of production, prices and employment in the EU electrical industry between the mid-1970s and the mid-1990s is analysed in order to test the hypothesis that the competitive pressure from low-income countries has led to the observed decline of the employment share of low-skilled...
Persistent link: https://www.econbiz.de/10011472495
The development of production, prices and employment in the EU electrical industry between the mid-1970s and the mid-1990s is analysed in order to test the hypothesis that the competitive pressure from low-income countries has led to the observed decline of the employment share of low-skilled...
Persistent link: https://www.econbiz.de/10010260441
Global merchandise trade expanded rapidly over the last 6 1/2 decades and its relationship with global income has seen ebbs and flows. This paper examines the shifts in this relationship using time series data over 1950-2014 and situates it in the current and longer term context. The...
Persistent link: https://www.econbiz.de/10012977826
Trade in technology goods has increased rapidly. The twelve-year-old Information Technology Agreement (ITA) in the WTO has facilitated this process and has contributed to the dissemination of technology across the world. Yet the ITA needs to be improved to provide for further trade...
Persistent link: https://www.econbiz.de/10011618870
In a world where poor countries provide weak protection for intellectual property rights, market integration shifts technical change in favor of rich nations. Through this channel, free trade may amplify international income differences. At the same time, integration with countries where...
Persistent link: https://www.econbiz.de/10012729668
In a world where poor countries provide weak protection for intellectual property rights, market integration shifts technical change in favor of rich nations. Through this channel, free trade may amplify international income differences. At the same time, integration with countries where...
Persistent link: https://www.econbiz.de/10012735885
The COVID-19 pandemic has accelerated the shift toward digital services. Meanwhile, the race for technological and economic leadership has heated up, with risks of decoupling that could set back trade and growth and hinder the recovery from the worst global recession since the Great Depression....
Persistent link: https://www.econbiz.de/10013252019
We use a computable general equilibrium model in an explanation of the recent rapid growth in Australia's trade, particularly intra-industry trade. Relative to previous studies of trade growth based on multiple regression analysis, our approach allows us to: (i) work at a detailed industry...
Persistent link: https://www.econbiz.de/10014154342