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Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity … procyclical productivity as an essential feature of business cycles because each explanation has important implications for … utilization and resource reallocations are particularly important in explaining procyclical productivity. We also argue that the …
Persistent link: https://www.econbiz.de/10014141533
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …
Persistent link: https://www.econbiz.de/10012726102
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
Persistent link: https://www.econbiz.de/10012239797
championed on grounds of improving productivity, efficiency, and competitiveness. In a developing economy this is a costly … proposition due to capital scarcity, and the effect of technological changes on productivity and efficiency levels have to be … estimated before taking such policies. This paper seeks to estimate trends in Factor Productivity, Technological Progress, and …
Persistent link: https://www.econbiz.de/10014206891
A dynamic model featuring a stochastic technology frontier shows significant impact of technology adoption for asset prices. In equilibrium, firms operating with old capital are riskier because costly technology adoption restricts their flexibilities in upgrading to the latest technology, making...
Persistent link: https://www.econbiz.de/10010531879
How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
Persistent link: https://www.econbiz.de/10012428917
investments, only a small growth in productivity was observed. This observations has been coined the productivity paradox. This … reveals strong presence of publication bias within ICT productivity literature and using mixed effect multilevel model …
Persistent link: https://www.econbiz.de/10010429935
This study investigates induced productivity effects of firms introducing new environmental technologies. The … literature on within-firm organisational change and productivity suggests that firms can achieve higher productivity gains from … associated with lower productivity, the simultaneous implementation of green technologies and organisational innovations is not. …
Persistent link: https://www.econbiz.de/10011411433
Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to …
Persistent link: https://www.econbiz.de/10011906240
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …
Persistent link: https://www.econbiz.de/10010264965