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productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock …. -- Total factor productivity ; Solow esidual ; generalized differences ; measurement error ; Malmquist index …
Persistent link: https://www.econbiz.de/10003770644
Empirical data indicate that firms tend to have below-average productivity upon entry and that they tend to experience … post-entry productivity growth. I present a New Keynesian model with growth in firm-specific productivity and firm turnover … growth in firm-specific productivity. When linearized at positive optimal inflation, the model is observationally equivalent …
Persistent link: https://www.econbiz.de/10008904605
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 …. This study finds empirical support for complementarity between green technology adoption (either CO2-reducing or resources …
Persistent link: https://www.econbiz.de/10011411433
The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast to the rapid declines reported from the mid-1980s to the early 2000s. This slowdown in the rate of decline is puzzling in light of evidence that...
Persistent link: https://www.econbiz.de/10011708124
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based …
Persistent link: https://www.econbiz.de/10012098960
productivity growth ; technology indicator ; technology shifter ; OECD countries … call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are …
Persistent link: https://www.econbiz.de/10009425734
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based …
Persistent link: https://www.econbiz.de/10011595871
.S. quarterly data on GDP and GDI, obtaining an improved aggregate output measure. …
Persistent link: https://www.econbiz.de/10012498150
This article discusses the aggregation problem and its implications for ecological economics. The aggregation problem consists of a simple dilemma: when adding heterogeneous phenomena together, the observer must choose the unit of analysis. The dilemma is that this choice affects the resulting...
Persistent link: https://www.econbiz.de/10012053632
The starting point of our research is Piketty (2014) who follows Marx by asserting that rents are merely one of the forms of profits, therefore they do not require separate conceptual analysis and statistical separation. Speaking of the generation of rents (as a distinctly different mechanism...
Persistent link: https://www.econbiz.de/10011538527