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financial integration on the two main determinants of economic performance: productivity (TFP) and investments. I provide … has a positive direct effect on productivity, while it spurs capital accumulation only with some delay and indirectly …, since capital follows the rise in productivity. I control for indirect effects of financial globalization through banking …
Persistent link: https://www.econbiz.de/10005572150
The objective of this report is to provide an overview of the main drivers of economic growth and productivity … explain value added and labour productivity growth for total economy, manufacturing and market services. This decomposition …
Persistent link: https://www.econbiz.de/10005572337
find links between technological change, output and productivity, our results suggest that the slowdown in technological …
Persistent link: https://www.econbiz.de/10005572536
expenditures, innovation counts, and productivity figures. We find, among other things, the following: the pattern and nature of … in some sub-groups have had a greater impact on output and productivity than others and, moreover, the key players have … between technology shocks and employment, the role of technology in cross-country productivity differences, and the part …
Persistent link: https://www.econbiz.de/10005572559
this investment has not lead to a general increase intotal factor productivity. This is known as the "productivity paradox … productivity. Wepresent a simple economic model of IT innovation. We find that in the model,measured productivity gains depends on … rnarket structure. In fact the"productivity paradox" is most likely to emerge in markets dominated by asmall number of firms …
Persistent link: https://www.econbiz.de/10008557131
performance. This paper studies this link at the micro level by looking at the productivity impacts of land rights. Whereas … endogeneity of land titles. Results indicate that de jure rights (i.e., titles) have no impact on productivity and de facto rights … have heterogeneous productivity impacts. Productivity is higher for plots on which landowners report having the right to …
Persistent link: https://www.econbiz.de/10008557272
1.44%. The remaining 0.35 pp represent growth in multi-factor productivity, which is calculated as a residual. The … estimate of growth in multi-factor productivity is lower than in previous studies because our measure of labour input takes …
Persistent link: https://www.econbiz.de/10008642182
In this paper, we make an analysis of productivity’s gaps in WAEMU’s banks; the intra-organizational strategy is … privileged. For that purpose, we study the progression of the global factors productivity using the Data Envelopment Analysis …. We find that the global productivity of the factors remained relatively unchanged but that globally the X efficiency of …
Persistent link: https://www.econbiz.de/10008642710
The principal argument for subsidizing foreign investment is the assumed spillover of technology to local firms. Yet researchers report mixed results on spillovers. To examine the phenomenon in a systematic way, we collected 3,626 estimates from 57 empirical studies on between-sector spillovers...
Persistent link: https://www.econbiz.de/10008642750
proceeds to evaluate the hypotheses of a productivity slowdown and of a productivity bonus as postulated by many existing GPT …
Persistent link: https://www.econbiz.de/10008642853