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decomposition of output growth. The results imply that while the neoclassical convergence mechanism occurred, the technological one …
Persistent link: https://www.econbiz.de/10003027882
a relatively robust growth of high-skill-specific productivity. Their GDP growth failed to reflect that because they … and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as … imperfect substitutes. However, under this approach, it has been challenging to compute skill-specific productivity levels for a …
Persistent link: https://www.econbiz.de/10012869262
productivity is both an input of the growth process, influencing macroeconomic dynamics, and a consequence of growth, because …-Keynesian cumulative growth model driven by the dynamic interaction between the demand regime and the productivity regime. The model …In the Structuralist-Keynesian approach, economic growth is a cumulative causation process driven by a continuous …
Persistent link: https://www.econbiz.de/10012930486
; Distance to Frontier ; Inappropriate Technologies ; Skill-biased Technical Change ; Productivity ; TFP differences …
Persistent link: https://www.econbiz.de/10009739171
The present paper analyzes the impacts of total labor productivity and efficiency in Oman State. As a Gulf state it has … industries relative to abundant fishing potentials, labor productivity and technical changes in addition to available capital are …
Persistent link: https://www.econbiz.de/10014172608
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10014184424
of production and correlations with technical changes are measured by Total Factor Productivity as an expression of … Technical Efficiency to assess Total Factor Productivity …
Persistent link: https://www.econbiz.de/10013110272
We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas … states: one stagnant where energy is fully derived from the alternative energy source, and one with balanced growth where …
Persistent link: https://www.econbiz.de/10010529424
This paper proposes to explain the productivity growth slowdown with the poaching of disruptive inventors by firms … these inventors threaten with their research. I build an endogenous growth model with incremental and disruptive innovation … disruptive innovations to confirm the main features of the model: Disruptions increase future research productivity, hurt …
Persistent link: https://www.econbiz.de/10014541610
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