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productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement … productivity of Canadian industries, the persistence of structural differences between the two countries has prevented convergence … of aggregate labor productivity. While these findings seem to weigh against moving toward a monetary union, they also …
Persistent link: https://www.econbiz.de/10005769318
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/10008545925
managerial technology shock, output, productivity and hours significantly increase in the short run, second, these types of …
Persistent link: https://www.econbiz.de/10008553220
volatility of the Total Factor Productivity (TFP) by investigating the linkage between energy price fluctuations and the … framework of a Dynamic Stochastic General Equilibrium (DSGE) model, the disappearance of this energy-productivity spillover …
Persistent link: https://www.econbiz.de/10005009769
For the 1990s, the basic neoclassical growth model predicts a depressed economy, when in fact the U.S. economy boomed. We extend the base model by introducing intangible investment and non-neutral technology change with respect to producing intangible investment goods and find that the 1990s are...
Persistent link: https://www.econbiz.de/10005009935
changes in telecommunications and computer technologies did significantly affect U.S. productivity and GDP growth in both the … productivity and capital all increase at the aggregate level. However, not all sectors of the economy respond in the same way … positive affect of the shock on Total Factor Productivity in the sector. Employment increases and capital increases appear to …
Persistent link: https://www.econbiz.de/10005069354
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