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Two different approaches are used in this article to study productivity per employee: the determinants of its growth … shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent … paper, the employment rate and productivity exhibit a significant negative relationship, arising from the concentration of …
Persistent link: https://www.econbiz.de/10014188048
, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …
Persistent link: https://www.econbiz.de/10012966051
finding is that manufacturing shows little evidence of either labor productivity or multifactor productivity convergence … convergence results, the paper introduces a new measure of multifactor productivity which avoids many problems inherent to … traditional measures of total factor productivity when comparing productivity levels. The lack of convergence in manufacturing is …
Persistent link: https://www.econbiz.de/10014031250
proximate sources of labour productivity growth in 41 nations between 1929 and 1950 by decomposing productivity growth into four … capital accumulation. We show that efficiency catch-up generally explains productivity growth, whereas technological change …
Persistent link: https://www.econbiz.de/10014225260
productivity (TFP) using newly organized data on 145 countries that span more than one hundred years for twenty-four of these …. Keywords: economic growth, capital, human capital, total factor productivity, growth accounting …
Persistent link: https://www.econbiz.de/10014048894
This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth. A detailed account of growth performance based on historical national accounts data is given and...
Persistent link: https://www.econbiz.de/10014025605
This paper analyzes the impact of information and communication technologies (ICT) on economic growth in developing, emerging and developed countries. It is based on a sample of 59 countries for the period 1995 to 2010. Various panel data regressions confirm the positive relationship between ICT...
Persistent link: https://www.econbiz.de/10010458249
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …
Persistent link: https://www.econbiz.de/10012232879
productivity improvements not within sectors but within value chains. It allows judging in a better way to what extent more or … result is that more than half of the productivity gains related to ICT capital deepening for manufactured goods are … sectoral growth in total factor productivity (TFP) in the ICT sector contributes only moderately to TFP growth in non-ICT value …
Persistent link: https://www.econbiz.de/10012146257
The theoretical literature has predicted that inequality affects long-run growth by reducing human and physical capital, particularly in the presence of imperfect credit markets and other contractual frictions. We test these four mechanisms using measures of inequality at the country-level,...
Persistent link: https://www.econbiz.de/10012835129