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, automation capital, and population growth. In the empirical analysis, we find indications for cointegrating equations for the … step, we present a standard neoclassical growth model augmented by automation capital and capital adjustment costs that is …
Persistent link: https://www.econbiz.de/10012426258
We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ … a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the …
Persistent link: https://www.econbiz.de/10012307830
I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and nonlinear hiring costs to … analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest … raises growth of technology, labor productivity and real wages. I show, however, that a slowdown in productivity and …
Persistent link: https://www.econbiz.de/10012307862
This paper examines the impact of ICT network on productivity contribution of transportation infrastructure. Using …
Persistent link: https://www.econbiz.de/10011526304
economic growth and the labour productivity. The application has been made to compare the responsibility of the embodied … technical progress on the economic growth and productivity during the period (1993-2009) in the most representative economies of …The productivity generated by capital goods is not uniform along the time. When there exist conventional physical …
Persistent link: https://www.econbiz.de/10011527365
externalities (mainly specialisation and diversity externalities) on total factor productivity dynamics. We also analyse the …
Persistent link: https://www.econbiz.de/10011550848
tendencies in aggregate productivity growth. Moreover, this paper would be useful to determine the main determinants of labour …The first aim of this paper is to analyse the main tendencies in employment and regional labour productivity in the … productivity. The estimation of an augmented production function is used to this end. This function includes, in addition to the …
Persistent link: https://www.econbiz.de/10011553492
productivity differences among regions within a regression framework in general and the impact of their spillovers on regional … total factor productivity in particular. The focus is laid on interregional spillovers between the Western and Eastern EU … conventional reservoirs of knowledge - patent stocks - falls. Vienna appears to be the largest contributor to the productivity …
Persistent link: https://www.econbiz.de/10011486611
total factor productivity relationship. Static externalities refer to current period scale or industry-size effects which …
Persistent link: https://www.econbiz.de/10011555818
obtaining fast growth in TFP is not simple, it appears to be a key factor in achieving fast GDP per capita growth. They also …
Persistent link: https://www.econbiz.de/10012581708