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scale effect and a residual productivity effect, each of which explains about half of overall MFP change. The scale effect … points to the importance of the demand side and market size for productivity growth. We also compute mark-up rates of prices …
Persistent link: https://www.econbiz.de/10011991907
.6 percentage points in 2015 – large enough to improve the picture of GDP and productivity growth in advanced economies. However …, this would not overturn the conclusion that productivity growth has slowed substantially compared over the past decades. …
Persistent link: https://www.econbiz.de/10011991922
This paper presents a range of policies to enhance adoption of digital technologies and firm productivity. It … adoption and their productivity benefits. Increasing access to high-speed internet, upgrading technical and managerial skills … have benefitted relatively more from digitalisation in the past, contributing to a widening productivity gap with less …
Persistent link: https://www.econbiz.de/10011991961
problematic development, both from the point of view of immigrants’ well-being and increasing productivity, is that their initial …
Persistent link: https://www.econbiz.de/10011995769
This paper investigates the effects of spending the European Regional Development Fund (ERDF) on productivity … increases firms’ employment, turnover and capital stock per employee immediately, while it raises their productivity only three … intensive and more financially leveraged enjoy larger productivity gains. Also, financing capital investment through the ERDF …
Persistent link: https://www.econbiz.de/10011995792
growing role of intangible assets. Services are very diverse, but overall tend to have weaker productivity levels and growth … rates than manufacturing. As a result, the shift to services entails a moderate but persistent drag on productivity growth …. Still, there are reasons to hope for a pick-up in service productivity in the future, including thanks to new technologies …
Persistent link: https://www.econbiz.de/10011995802
This paper assesses how the adoption of a range of digital technologies affects firm productivity. It combines cross …-country firm-level data on productivity and industry-level data on digital technology adoption in an empirical framework that … productivity gains at the firm level. Effects are relatively stronger in manufacturing and routine-intensive activities. They also …
Persistent link: https://www.econbiz.de/10011995804
productivity (with respect to sector-level agreements). Relying on a recent approach developed by Bartolucci (2014), they also … indicate that firm agreements exert a stronger impact on wages than on productivity, so that on average profitability is … mainly found to raise wages beyond labour productivity when the rents to be shared between workers and firms are relatively …
Persistent link: https://www.econbiz.de/10011975634
Productivity growth is slowing down among OECD countries, coupled with increased misallocation of resources. A recent … productivity down. Moreover, while we find evidence of positive selection within zombies, with the most productive restructuring … and the least productive exiting, we also show that the zombies' productivity threshold for exit is much lower than that …
Persistent link: https://www.econbiz.de/10011975694
Current weak labour productivity growth in many OECD countries reflects historically weak contributions from both total … factor productivity (TFP) growth and capital deepening. The slowdown in trend productivity growth in the pre-crisis period is …
Persistent link: https://www.econbiz.de/10011914168