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time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
Persistent link: https://www.econbiz.de/10011337988
We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … manufacturing sectors across 64 countries. A robust finding is that bureaucratic and costly entry regulations tend to hamper … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are …
Persistent link: https://www.econbiz.de/10012918554
missed. Looking at the relationship between FDI growth on one hand and labour productivity, capital productivity and …
Persistent link: https://www.econbiz.de/10011392225
labour productivity. The service intensities in the sectoral production mix are lower in countries with higher manufacturing … shares. This holds for both catching up and developed economies. However, servitization is largely unrelated to productivity …
Persistent link: https://www.econbiz.de/10012598433
: computers and electronic products. In most of manufacturing, real GDP growth has been weak or negative and productivity growth … that, when adjusted for product quality improvements, are falling rapidly. Productivity growth in these industries, in turn …
Persistent link: https://www.econbiz.de/10010259993
spillovers are always found to be effective in increasing innovative productivity. The paper then uses self-citations to …
Persistent link: https://www.econbiz.de/10012771360
factor productivity (TFP). Using detailed firm-level production data from nearly two million observations in the Chinese …
Persistent link: https://www.econbiz.de/10013016478
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 50 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10013183835
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … industries leads to a sizable drop of the productivity effects, halving the effect size for labor productivity and insignificant … controlling for demographic workforce characteristics is essential for obtaining significant labor productivity effects and leads …
Persistent link: https://www.econbiz.de/10012695996