Showing 1 - 10 of 10,858
fitting time series data using a Bayesian dynamical systems approach we identify non-linear interactions between GDP, child … mortality, fertility rate and female education. We show that reduction in child mortality is best predicted by the level of GDP … is weakly dependent on female education and economic growth. As fertility drops, GDP increases producing a cycle that …
Persistent link: https://www.econbiz.de/10010425735
interactions that increase productivity), possibly reinforced by localised natural advantage. To distinguish between them, we nest … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the … cannot explain spatial productivity differences. This result holds across sectors, city size thresholds, establishment …
Persistent link: https://www.econbiz.de/10010282439
efficiency units, as well as government expenditure reflecting total factor productivity(TFP), we analyze CES production …
Persistent link: https://www.econbiz.de/10010345185
interactions that increase productivity), possibly reinforced by localised natural advantage. To distinguish between them, we nest … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the … cannot explain spatial productivity differences. This result holds across sectors, city size thresholds, establishment …
Persistent link: https://www.econbiz.de/10009536429
Experience in one product market can potentially improve firm performance in a related product market in the future. Thus, entry into a market is determined not just by profits in that market but also by its future impact on profitability in other markets. We formulate and estimate a dynamic...
Persistent link: https://www.econbiz.de/10013138373
insights on the repercussions of the micro-economic reform policy agenda during the study period plagued by a productivity … slowdown and the productivity resurgence due to the emergence of the ‘new economy' and now the challenges to sharpen the … provide superior testable insights on productivity and technical inefficiency than the rival non-parametric Development (DEA …
Persistent link: https://www.econbiz.de/10013104325
Two main hypotheses are usually put forward to explain the productivity advantages of larger cities: agglomeration … find any impact of selection on local productivity differences. We theoretically show that selection effects do emerge when …
Persistent link: https://www.econbiz.de/10013082506
The mandate of the European Central Bank’s monetary policy is to ensure price stability. Interest rate changes by the ECB affect labor costs and the value added of firms. If both dimensions are not equally affected, monetary policy has a distributive effect between workers and shareholders....
Persistent link: https://www.econbiz.de/10012624800
translog cost functions as special or limiting cases. Total factor productivity is estimated parametrically rather than being …
Persistent link: https://www.econbiz.de/10014197864
Conditional on a contractionary monetary policy shock, the labor share of value added is expected to decrease in the basic New Keynesian model. By providing firm-level evidence, we are first to validate this proposition. Using local projections and high dimensional fixed effects, we show that a...
Persistent link: https://www.econbiz.de/10012607460