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rate of growth of the Total Factor Productivity (TFP)using the Divisia-Tornqvist index and we find that it is independent … its main implication that in the long run growth is only drived by technological progress which is exogenous.We estimate a … evidence against the other basic prediction of the Solow model that the long run growth rate is only determined by …
Persistent link: https://www.econbiz.de/10010992111
eight articles on a wide range of productivity topics. There are the new economy and trend productivity growth in Canada … living, the postwar productivity convergence experience among OECD countries, price cap regulation and productivity growth …This the inaugural issue of the International Productivity Monitor, a new publication produced by the Ottawa …
Persistent link: https://www.econbiz.de/10005650237
This paper models total factor productivity (TFP) in space and proposes an empirical model for TFP interdependence …-parametric spatial vector autoregressive framework is suggested for modeling spatial TFP dynamics where the role of demographic state and … technological change are explicitly incorporated in the model to influence their spatial TFP co-movements. Empirical scrutiny in …
Persistent link: https://www.econbiz.de/10009735350
The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … employment has not kept pace with the share of the sector in gross domestic product and has not produced the number or quality of … jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect …
Persistent link: https://www.econbiz.de/10009781184
theoretical framework is presented wherein productivity growth is modelled through knowledge acquisition with respect to labour …This paper addresses the link between productivity and labour mobility. The hypothesis tested in the paper is that … knowledge is then diffused within the new environment creating spillovers and leading to productivity improvements. A …
Persistent link: https://www.econbiz.de/10012099887
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276725
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276784
We estimate the contribution of FDI to the efficiency and productivity growth in a cross-region regression framework …, utilising China¡¯s provincial data from 1984 to 1997. We find a bidirectional causal linkage between FDI and productivity growth … development becomes increasingly important to the labour productivity growth, and FDI has certain effects on labour productivity …
Persistent link: https://www.econbiz.de/10009351220
theoretical framework is presented wherein productivity growth is modelled through knowledge acquisition with respect to labour …This paper addresses the link between productivity and labour mobility. The hypothesis tested in the paper is that … knowledge is then diffused within the new environment creating spillovers and leading to productivity improvements. A …
Persistent link: https://www.econbiz.de/10008513087
Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark … total population. Labour productivity is determined by within-industry productivity growth rates and inter-sectoral shifts … in employment shares. The former is affected by the efficiency in factor use, that is total factor productivity …
Persistent link: https://www.econbiz.de/10005650205