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Are production factors allocated efficiently across countries? To differentiate misallocation from factor intensity differences, we provide a new methodology to estimate output shares of natural resources based solely on current rent flows data. With this methodology, we construct a new dataset...
Persistent link: https://www.econbiz.de/10012903849
How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
Persistent link: https://www.econbiz.de/10011416403
Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...
Persistent link: https://www.econbiz.de/10013016365
Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...
Persistent link: https://www.econbiz.de/10013019852
skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences …
Persistent link: https://www.econbiz.de/10014520525
skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences …
Persistent link: https://www.econbiz.de/10014528414
An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10014025660
; income ; aggregate productivity ; efficiency …
Persistent link: https://www.econbiz.de/10009747058
decompositions, simulations and counter-factual analyses are performed. We find that, although total factor productivity has a … present- for different reasons. Even after correcting for productivity differences, some nations remain poor mostly because of …
Persistent link: https://www.econbiz.de/10012770617
and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as … imperfect substitutes. However, under this approach, it has been challenging to compute skill-specific productivity levels for a … data set on labor force composition to construct measures of productivity for workers in three distinct skill categories …
Persistent link: https://www.econbiz.de/10012869262