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Deep dynamics
Gottfries, Nils; Mickelsson, Glenn; Stadin, Karolina - 2021
How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
Persistent link: https://www.econbiz.de/10012428917
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Allocation and industry productivity: Accounting for firm turnover
Maliranta, Mika; Määttänen, Niku - 2013
productivity. An important issue, therefore, is how to measure allocative efficiency. We compare popular indicators of allocative … productivity and to the Olley-Pakes (OP) covariance component, which is currently the most popular measure of allocative efficiency …
Persistent link: https://www.econbiz.de/10012037564
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Embodied Technology Diffusionand Sectoral Productivity: Evidence for 12 OECD Countries
Strobel, Thomas - 2013
International specialization is a strong driver of sectoral productivity. This specialization is not only characterized … productivity effects stemming from embodied technologydiffusion on sectoral level. Therefore, based on the idea of Romer's model of … productivity via use of high-tech inputs. For a sample of 12 OECD countries over the 1995-2007period, the empirical evidence of …
Persistent link: https://www.econbiz.de/10010312205
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Relative price movements and labour productivity in Canada: A VAR analysis
Dolega, Michael; Dupuis, David; Pichette, Lise - 2010
productivity growth in Canada. Results suggest that the impact of a positive relative price shock will - in the adjustment process … - lower productivity growth in the primary and the non-tradable sectors, and increase it somewhat in the manufacturing sector …. The overall impact appears to be slightly negative on aggregate labour productivity growth, but this effect is only …
Persistent link: https://www.econbiz.de/10010289727
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Innovation, Firm Risk and Industry Productivity
Maliranta, Mika; Määttänen, Niku - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2014
cover essentially all firms in the Finnish business sector, we first document that labor productivity dispersion is very … market equilibrium and whether innovation subsidies can improve industry productivity by mitigating such a tax distortion. …
Persistent link: https://www.econbiz.de/10010987122
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Allocation and industry productivity: Accounting for firm turnover
Maliranta, Mika; Määttänen, Niku - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2013
productivity. An important issue, therefore, is how to measure allocative efficiency. We compare popular indicators of allocative … productivity and to the Olley-Pakes (OP) covariance component, which is currently the most popular measure of allocative efficiency …
Persistent link: https://www.econbiz.de/10010987367
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Embodied Technology Diffusionand Sectoral ProductivityEvidence for 12 OECD Countries
Strobel, Thomas - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2013
International specialization is a strong driver of sectoral productivity. This specialization is not only characterized … productivity effects stemming from embodied technologydiffusion on sectoral level. Therefore, based on the idea of Romer’s model of … productivity via use of high-tech inputs. For a sample of 12 OECD countries over the 1995–2007period, the empirical evidence of …
Persistent link: https://www.econbiz.de/10010877597
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Long term implications of the ICT revolution: applying the lessons of growth theory and growth accounting
Oulton, Nicholas - London School of Economics (LSE) - 2010
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10010884516
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The performance of industrial productivity across regions of China: Structural differences, institutional shocks and dynamic characteristics
Zheng, WANG; Jinghai, ZHENG; Jinchuan, SHI - In: Frontiers of Economics in China 2 (2007) 3, pp. 324-345
This paper is dedicated to probing into the dynamic performances of industrial productivity across regions of … productivity) growth is decomposed into four components. The main results are as follows. First, since 1988, the industrial TFP … common shock to the industrial productivity, the eastern area with relatively few SOEs suffers the least from this policy …
Persistent link: https://www.econbiz.de/10010934935
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005