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Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that the literature … input, and productivity performance. Second, we examine the extent to which information technology producing and information … technology-using industries have contributed to the aggregate multifactor productivity revival. Our results suggest that while …
Persistent link: https://www.econbiz.de/10012718101
Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of … Knowledge-Based Capital (KBC), despite having a positive effect on productivity at the micro level, is a driver of the weak … productivity performance at the aggregate level, by accentuating divergence between a group of "frontier" firms and the rest of the …
Persistent link: https://www.econbiz.de/10012215260
declining share of manufacturing employment in the United States, and second that recent productivity growth in manufacturing … has actually been quite rapid but is not accurately measured. The paper shows that for many decades, faster productivity … reversed and slower productivity growth in manufacturing has been associated with more robust performance in manufacturing …
Persistent link: https://www.econbiz.de/10011803568
-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …
Persistent link: https://www.econbiz.de/10011578753
Rice is the world's most important food commodity and also the most protected and subsidized. The U.S. rice program is no exception. The U.S. government supports domestic rice production through tariffs on imported rice and direct taxpayer subsidies based on production, prices, and historical...
Persistent link: https://www.econbiz.de/10014052017
This study intends to understand how disaster is related to countries' production efficiency using a sample of 137 …. This finding suggests that the effect on countries' production efficiency is positive for lower number of disaster events …
Persistent link: https://www.econbiz.de/10011386771
The paper examines efficiency, productivity and scale economies in the U.S. property-liability insurance industry … significant gains in total factor productivity, and there is an upward trend in scale and allocative efficiency. More diversified …. Productivity change is analyzed using Malmquist indices, and efficiency is estimated using data envelopment analysis (DEA). The …
Persistent link: https://www.econbiz.de/10011892982
The spot price of crude oil declined from $106.07 per barrel on June 30, 2014 to $53.45 per barrel on December 31, 2014, representing a 50% decline within six months. By December 31, 2015, the spot price had declined further, to $37.13, and it remains substantially below its level during 2011...
Persistent link: https://www.econbiz.de/10012985911
changes in labour services and the composition thereof, as drivers of value added and labour productivity growth. Significant … into account. The data are used to study total factor productivity, labour and capital productivity developments in a … comparative cross-country and cross-industry dimension with an emphasis on the role of capital investments. Inter alia, the …
Persistent link: https://www.econbiz.de/10012154247