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, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures …
Persistent link: https://www.econbiz.de/10011984282
Productivity growth and structural change are generally considered to be important determinants of economic growth …. However recent research revealed that they do not necessarily lead to higher growth and employment rates. Recent studies …, drawing on data from developing countries, showed that only the "right" kind of productivity growth resulted in higher …
Persistent link: https://www.econbiz.de/10010378036
In this paper, we investigate the role of labor productivity growth and whether the determinants of labor productivity …–2005 period. We decompose labor productivity growth into "within sector" productivity improvements, "static structural change …" productivity progress and "dynamic structural change" gains. Moreover, we study sectoral contributions to within sector …
Persistent link: https://www.econbiz.de/10012217541
sector now accounting for the largest share of employment indeveloped countries. In his seminal model of the so-called cost …,tend to rise faster than the prices of material goods. Central to his model is the disparityin labour productivity growth … disease of services retains its explanatory power and relevance today. It refutescriticisms that productivity growth in …
Persistent link: https://www.econbiz.de/10014459453
growth in pre-crisis years. While this led to productivity-enhancing structural change in Greece and Portugal, overcapacities …-crisis years albeit to a highly different extent in the considered countries. Despite employment being still on the decline in …
Persistent link: https://www.econbiz.de/10010464602
related health benefits. But they impose additional production costs on firms and may reduce productivity, earnings, and … employment, especially in sectors exposed to trade and intensive in labor. The limited empirical evidence suggests that the …
Persistent link: https://www.econbiz.de/10011404845
There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
Persistent link: https://www.econbiz.de/10011404871
Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven by large reallocations of inputs and outputs across firms (churning) within industries and markets. These differences in firm-level outcomes and the associated turnover of firms...
Persistent link: https://www.econbiz.de/10011404873
employment, wages, and productivity. Evidence generally shows these forces to be offsetting, usually resulting in small … employment and earnings effects and sometimes in large, positive effects on productivity and scale. Foreign ownership usually has …
Persistent link: https://www.econbiz.de/10011404917
on a firm’s productivity and what the consequences are for a firm's profits. …
Persistent link: https://www.econbiz.de/10011404960