Showing 1 - 10 of 18,735
Structural change is an important driver of productivity growth at the aggregate level. While previous productivity … to another. We develop an improved productivity decomposition that accounts for both intra-industry and inter … productivity to the industry level. The proposed decomposition is applied to Finland's information and communication technology …
Persistent link: https://www.econbiz.de/10014286016
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10013314751
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10012391362
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …
Persistent link: https://www.econbiz.de/10003914097
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …
Persistent link: https://www.econbiz.de/10003925275
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
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431
This paper explores the contribution of knowledge capital to total factor productivity differences among regions within … empirically test the model, to measure both direct and indirect effects of knowledge capital on regional total factor productivity …
Persistent link: https://www.econbiz.de/10013137858
This paper proposes a new index of sectoral labor distortion using employment and valueaddedshares. We show that this index is highly correlated with growth both crosssectionallyand over time. We also use it to compare the degree of distortion amongcountries and identify sectors where the...
Persistent link: https://www.econbiz.de/10012945677