Showing 1 - 10 of 27,918
This paper provides the first comprehensive review of the empirical and theoretical literature on the determinants of the elasticity of substitution between capital and labor. Our focus is on the two-input constant elasticity of substitution (CES) production function. By example of the U.S., we...
Persistent link: https://www.econbiz.de/10012850069
-specific distortions. The actual policy worsens allocative efficiency, decreasing aggregate total factor productivity (TFP) by 0.15%, but …
Persistent link: https://www.econbiz.de/10012846896
Productivity growth has flat-lined in most economies despite rapid advances in technology. Economists suggest competing … and increased productivity means a productivity surge is just around the corner. The paper explores the implications of … alternative productivity growth scenarios for the global economy, particularly for growth, labor markets and the flows of trade …
Persistent link: https://www.econbiz.de/10012890306
Persistent link: https://www.econbiz.de/10000593146
Persistent link: https://www.econbiz.de/10001493720
Persistent link: https://www.econbiz.de/10001327862
It has recently been shown that government ownership of banks has a significant role in addressing market failures, improving social welfare and economic development. This study explores and identifies the potential products and factors in agriculture that public banks should subsidize. In this...
Persistent link: https://www.econbiz.de/10013218237
This paper explore the role of institutions to enhance the productivity growth across countries using a two stage … Double Bootstrap Data Envelopment Analysis (DEA). The productivity growth is calculated on the basis of Malmquist … productivity index. It also explores the sources of productivity growth and the influence of different types of institutions …
Persistent link: https://www.econbiz.de/10014109998
The method that Canada and other developed countries use to measure productivity growth generally ignores the … of production processes, are excluded from the productivity accounting framework. This study proposes an extended … productivity measure that takes pollutants into account. It illustrates how it can be applied using carbon dioxide emissions. The …
Persistent link: https://www.econbiz.de/10013095940
variables are included as explanatory variables. Estimates found using quantitative theory depend in critical ways on values of …
Persistent link: https://www.econbiz.de/10014024240