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Allocative efficiency and aggregate productivity growth in Canada and the United States
Shao, Lin; Tang, Rongsheng - 2021 - Last updated: January 7, 2021
This paper evaluates the contribution of allocative efficiency to the aggregate productivity growth in Canada and the US. In particular, we are interested in explaining two puzzling facts: 1) the slowdown in productivity growth during the 1970s and the 2000s in the US, and 2) the widening...
Persistent link: https://www.econbiz.de/10012404492
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Nested stochastic possibility frontiers with heterogeneous capital inputs
Erber, Georg; Madlener, Reinhard - 2007
to the introduction and estimation of two-stage nested translog possibility production frontiers, the otherwise huge …
Persistent link: https://www.econbiz.de/10010264965
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Looking Ahead : Opportunities and Challenges for U.S. Manufacturers
Moutray, Chad M. - 2013
Manufacturing has received increased attention in recent years, as it has enhanced its importance in the economy with output and employment gains and as a driving force of U.S. exports. Nonetheless, the sector faces serious challenges as well as opportunities. The challenges are weak global...
Persistent link: https://www.econbiz.de/10013072766
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Why Did US Firms Change Since the Early-2000s? The Mass-Multinationalization Implication of Aggregate Fluctuation
Im, Jay - 2021
Multiple dimensional shifts related to firm-level multinationalization spill over to the aggregate realm as an unusually large mass of US firms multinationalized in the late-1990s. Firms become considerably different in many aspects as they transform into multinational enterprises (MNEs),...
Persistent link: https://www.econbiz.de/10013212071
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Think again : higher elasticity of substitution increases economic resilience
Dumas, Patrice; Hallegatte, S. - 2009
This paper shows that, counter-intuitively, a higher elasticity of substitution in model production function can lead … to reduced economic resilience and larger vulnerability to shocks in production factor prices. This result is due to the … fact that assuming a higher elasticity of substitution requires a recalibration of the production function parameters to …
Persistent link: https://www.econbiz.de/10008821866
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Growth in the 'New Economy' : U.S. Bandwidth Use and Pricing Across the 1990s
Galbi, Douglas A. - 2015
The U.S. growth experience in the 1990s and the perceptions of a new economy contrast sharply with trends in bandwidth use and pricing across the 1990s. Dramatic increases in bandwidth use and dramatic reductions in bandwidth prices that were predicted to occur in the second half the 1990s did...
Persistent link: https://www.econbiz.de/10014145696
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A Consistent Accounting of U.S. Productivity Growth
Beaulieu, Joe; Bartelsman, Eric J. - 2015
This paper is an exploration in the relative performance and sources of productivity growth of U.S. private businesses across industries and legal structure. In order to assemble the disparate data from various sources to develop a coherent productivity database, we developed a general system to...
Persistent link: https://www.econbiz.de/10014028573
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New Insights into Rental Housing Markets Across the United States : Web Scraping and Analyzing Craigslist Rental Listings
Boeing, Geoff; Waddell, Paul - 2016
single-digit percentages of listings below fair market rent. Nontraditional sources of volunteered geographic information … offer planners real-time, local-scale estimates of rent and housing characteristics currently lacking in alternative sources …
Persistent link: https://www.econbiz.de/10014127379
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Nicht zu früh bremsen!: Der Einfluss der Geldpolitik auf die langfristige Wirtschaftsentwicklung in Deutschland und den USA
Schettkat, Ronald; Sun, Rongrong - 2009
Nahezu alle Institutionen -Kündigungsschutz, Gewerkschaften, Lohnspreizung, Arbeitslosenversicherung etc.- wurde verdächtigt und schuldig gesprochen die tragische Entwicklung der Arbeitslosigkeit in Europa verursacht zu haben. US-amerikanische Arbeitsmarktinstitutionen wurden zum Benchmark...
Persistent link: https://www.econbiz.de/10010291094
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Technological change and earnings inequality in the U.S. : implications for optimal taxation
Brinca, Pedro; Duarte, João; Holter, Hans A.; … - 2023
choice. We estimate an aggregate production function with capital-occupation complementarity and four occupations that differ … redistributive gains from progressive taxation. …
Persistent link: https://www.econbiz.de/10013548732