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as a whole. There is a steady excess of the productivity index over the Russian average, which can be regarded as a … through the activation and use of high labor productivity, creating high-performance jobs. The results of the study, its …
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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...
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Combining micro and macro data, we construct demand-side shocks, which we take to be exogenous for individual firms. We estimate a reduced-form model to describe how firms adjust their production, employment, capital stock, and inventories in response to such shocks. Then, we chose the...
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Based on the expectation that the intensified use of robots contributes to the growth of labour productivity, this …-ICT capital input contribute significantly to labour productivity growth in the period from 1995 to 2015. The results remain …, the model is used to assess the impact of an increase of robots use on the labour productivity in each of the 9 …
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