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This paper provides technical documentation to a database built up from firm-level sources titled Micro moments database(MMD) that is made available for researchers through Eurostat. The MMD is an internationally harmonized research database of statistical moments collected from linked...
Persistent link: https://www.econbiz.de/10011583471
Most economists expected that the “Great Recession” produced by the financial meltdown of 2008 would usher in a resurgence of traditional Keynesian economics and a decline of what has come to be called “market fundamentalism." By contrast, also due to the inadequate size of the 2009...
Persistent link: https://www.econbiz.de/10013125344
This contribution offers a comparison between the economic crises of the late-1920s and the first energy crisis of the 1970s through an inquiry into the changing balance between the transnational supply of capital and domestic aggregate demand for fixed capital formation and consumer goods. Its...
Persistent link: https://www.econbiz.de/10011613333
The US Great Depression was preceded by almost a decade of credit growth. This review paper suggests that the 1920s credit boom went through two phases: one, up to around 1927, when credit grew in concert with money; another one, from around 1928 to 1929, when credit grew faster than money....
Persistent link: https://www.econbiz.de/10012848726
role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief … direct contribution of factors of production. -- Development accounting ; total factor productivity ; technology …
Persistent link: https://www.econbiz.de/10009579408
An influential hypothesis explaining the persistence of global productivity differences is that frontier technologies … global diffusion, adoption, and productivity consequences of agricultural technology. Our empirical design uses differences … frontier reduces global productivity by 50% and increases cross-country dispersion in log productivity by 15% relative to a …
Persistent link: https://www.econbiz.de/10013219358
This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural … exports either of natural resources or of technological products, and compare their role in productivity growth by GMM …-up in productivity. Technological specialisation, especially in products typical of the Fourth Industrial Revolution …
Persistent link: https://www.econbiz.de/10013175560
The growth of agricultural productivity is widely believed to be low. But this study finds the productivity growth rate … may be an advantage.Martin and Mitra examine the growth and convergence of total factor productivity in agriculture and … rarely tested view that the rate of growth in agricultural productivity is invariably low. But Martin and Mitra find that the …
Persistent link: https://www.econbiz.de/10012749223
The emergence of global corporate networks that integrate dispersed production, engineering, product development and research activities across geographic borders poses new challenges and opportunities for global studies. The challenge is to trace down and decipher the increasingly complex forms...
Persistent link: https://www.econbiz.de/10012997394
This paper provides technical documentation to a database built up from firm-level sources titled Micro moments database (MMD) that is made available for researchers through Eurostat. The MMD is an internationally harmonized research database of statistical moments collected from linked...
Persistent link: https://www.econbiz.de/10012965553