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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
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
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
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
productivity. Our aim is to test the hypothesis that subjective well-being contributes to productivity using a two step approach …: first, we establish whether subjective well-being can be a candidate variable to study Total Factor Productivity; second, we … assess how much subjective well-being contributes to productivity at aggregate level through efficiency gains. We adopt Data …
Persistent link: https://www.econbiz.de/10011109923
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
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
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
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
productivity. Our aim is to test the hypothesis that subjective well-being contributes to productivity using a two step approach …: first, we establish whether subjectivewell-being can be a candidate variable to study Total Factor Productivity; second, we … assess how much subjective well-being contributes to productivity at aggregate level through efficiency gains. We adopt Data …
Persistent link: https://www.econbiz.de/10010961424