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in these tasks are designed to be used by skilled workers, productivity in the LDCs will be low. Even when all countries … factor productivity and output per worker. Our theory also suggests that productivity differences should be highest in medium … effect on the direction of technical change and on productivity differences …
Persistent link: https://www.econbiz.de/10014207563
productivity growth ; technology indicator ; technology shifter ; OECD countries …
Persistent link: https://www.econbiz.de/10009425734
This note identifies profit shifting in response to cross-countrydifferences in corporate tax rates as a source of productivitymismeasurement. To quantify the magnitude of mismeasurement, theprofit-shifting effect is isolated from other possible effects ofcorporatetax rates changes on real...
Persistent link: https://www.econbiz.de/10011304391
measured as the Solow residual reflects the true productivity growth. In addition, it also suggests empirical evidence for the …
Persistent link: https://www.econbiz.de/10013144938
private physical capital per worker. We use a semiparametric analysis, computing Malmquist productivity indexes, and we also …
Persistent link: https://www.econbiz.de/10013316261
Quantifying productivity is a conditio sine qua non for empirical analysis in a number of research fields. The …-to-date overview of issues and relevant solutions associated with this choice. Methods of productivity measurement are surveyed and …
Persistent link: https://www.econbiz.de/10014208142
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
This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with … in the aggregate propagation of sectoral productivity shocks with variable elasticities than with constant elasticities …. The results of sectoral productivity shocks on cross-country income convergence between 2005 and 2011 are robust across …
Persistent link: https://www.econbiz.de/10014429881
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
From an engineering perspective, a capital good’s service is energy conversion - e.g., the physical 'work' done by a machine - and can thus be measured directly by the energy consumed in production. We show important empirical advantages of our concept over traditional measures. The empirical...
Persistent link: https://www.econbiz.de/10009733475