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offshoring. We find that from 1997 to 2007 average annual multifactor productivity growth in manufacturing was overstated by 0 …The rapid growth of offshoring has sparked a contentious debate over its impact on the U.S. manufacturing sector, which … has recorded steep employment declines yet strong output growth - a fact reconciled by the notable gains in manufacturing …
Persistent link: https://www.econbiz.de/10010287999
A two-sector real business cycle model, estimated with postwar U.S. data, identifies shocks to the levels and growth … rates of total factor productivity in distinct consumption- and investmentgoods- producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …
Persistent link: https://www.econbiz.de/10003347261
based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment …This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States …
Persistent link: https://www.econbiz.de/10012782678
This paper exploits the dual accounting technique to uncover multi-factor productivity growth patterns for goods and …, 1980-1997 and 1998-2007. Over both periods, states exhibit a wide range of productivity growth rates with the goods sector … wide variation in productivity growth are variations in both wage growth and real user cost growth. Since 1998, the real …
Persistent link: https://www.econbiz.de/10013112066
A two-sector real business cycle model, estimated with postwar U.S. data, identifies shocks to the levels and growth … rates of total factor productivity in distinct consumption- and investment-goods-producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …
Persistent link: https://www.econbiz.de/10014057018
outlook. An Algebraic Model of the author infers that Productivity of the assisted nations should be with reference to their …
Persistent link: https://www.econbiz.de/10005556940
. Following Baumol's cost disease hypothesis, (unexplained) productivity differentials between the industrial and service sectors … are often utilized to explain the recent dominance of the service sector. We hypothesize that the productivity … productivity and variables from our model representing the technological substitution conditions. Our findings support this …
Persistent link: https://www.econbiz.de/10010327363
Many applications in economics use multi-sector versions of the growth model. In this paper, we measure the income …
Persistent link: https://www.econbiz.de/10010494365
A two-sector real business cycle model, estimated with postwar U.S. data, identifies shocks to the levels and growth … rates of total factor productivity in distinct consumption- and investmentgoods- producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …
Persistent link: https://www.econbiz.de/10010280919
offshoring. We find that from 1997 to 2007 average annual multifactor productivity growth in manufacturing was overstated by 0 … ; manufacturing ; price measurement ; productivity ; output growth …The rapid growth of offshoring has sparked a contentious debate over its impact on the U.S. manufacturing sector, which …
Persistent link: https://www.econbiz.de/10008695825