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The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as … been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in …
Persistent link: https://www.econbiz.de/10009541118
productivity (TFP). We continue this line of work by documenting the importance of TFP differences in explaining cross sectional …
Persistent link: https://www.econbiz.de/10014220382
and to estimate the contribution of aggregate input growth and total factor productivity (TFP) growth to income growth …
Persistent link: https://www.econbiz.de/10014225089
This paper compares the productivity growth of a set of Canadian and U.S. regulated industries. Using data from … Statistics Canada's KLEMS database and the U.S. Bureau of Economic Analysis, the paper examines productivity growth in … labour productivity growth and multifactor productivity growth than did the aggregate Canadian business sector and had …
Persistent link: https://www.econbiz.de/10013154078
This paper has three main objectives. First, it examines the level of multifactor productivity (MFP) in Canada relative … capital intensity and MFP in accounting for the labour productivity differences between the two countries. Third, it traces … considerably more engineering construction. Second, most of the differences in labour productivity between Canada and the United …
Persistent link: https://www.econbiz.de/10013154079
I propose a new decomposition of aggregate total factor productivity. I model productivity as an index of unmeasured … factors of production, and decompose the conditional factor demand for this index. With this model of productivity, changes in … the price of labor or capital cause substitution to or from productivity. I study whether such changes explain the …
Persistent link: https://www.econbiz.de/10012888982
Two alternative measures of demand adjusted capital input for the U.S. non-farm private business sector are derived and their differential impacts on the potential supply of output are compared to those obtained using the unadjusted index of capital input published by the Congressional Budget...
Persistent link: https://www.econbiz.de/10012869529
The objective in this paper is to highlight the complex linkages of capital input to potential output in the U.S. nonfarm private business sector. For this purpose the analytical framework used by the Congressional Budget Office (CBO) is adapted and re-estimated using data from the U.S. Bureau...
Persistent link: https://www.econbiz.de/10012869530
on output, inputs and total factor productivity. The analysis provides evidence on the diffusion of intangible investment … slowdown in labour productivity growth has been driven by a decline in TFP growth with relatively a minor role for tangible and …
Persistent link: https://www.econbiz.de/10011587816
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 … showing much larger variations. The variations are larger for the second time period with some states recording productivity …
Persistent link: https://www.econbiz.de/10013112066