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reduces national output per worker, so if diversity induces integration, it indirectly augments productivity as well. Finally …
Persistent link: https://www.econbiz.de/10014209523
This paper measures plant-level productivity gains associated with learning curves across the entire manufacturing … investment. 2) This implicit investment is large; many plants invest as much in learning-by-doing as they invest in physical … capital and much more than they invest in formal job training. 3) This investment differs persistently over industries and is …
Persistent link: https://www.econbiz.de/10014073865
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
Persistent link: https://www.econbiz.de/10009619095
and older/more experienced workforces; and also better-quality capital proxied by its ICT content. Economic theory … predicts that these trends should raise TFP. To assess these predictions, we use EU-KLEMS data, with information on the age …/education mix of the workforce, as well as the importance on ICT in total capital, for 34 industries within 16 OECD countries …
Persistent link: https://www.econbiz.de/10012871865
important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R …&D enhances technology transfer by improving the ability of firms to learn about advances in the leading edge ('absorptive …
Persistent link: https://www.econbiz.de/10014038646
reflects differences in individual skills and other non-skill shocks. We consider heterogeneity in both initial skills and … within generations to identify and estimate the intergenerational correlation structure for initial skills and skill growth … elasticities (IGEs) for earnings in Canada (less than 0.2, even when based on 5-year and 9-year average earnings); however, skill …
Persistent link: https://www.econbiz.de/10012307642
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
Persistent link: https://www.econbiz.de/10009764443
unbalanced panel comprising a cross-section of 8 manufacturing industries over a time span of 26 years The results provide … 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 …
Persistent link: https://www.econbiz.de/10013104325
productivity and its determinants in the manufacturing and service sectors in Kenya. As the largest economy in East Africa, it is … communication had a positive but insignificant impact on firms' labour productivity. On the basis of these observations we make a …Labour productivity reflects a firm's ability to generate higher production or value-added. This paper analyses labour …
Persistent link: https://www.econbiz.de/10012992728
between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental …Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … improvements and modifications made upon the existing technology. This paper shows that distinguishing between these two types of …
Persistent link: https://www.econbiz.de/10013316746