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This paper provides industry-of-origin comparative estimates of real output and labour productivity in the Indonesian and Australian manufacturing sectors. It makes binary comparisons for the benchmark year 1987, and extrapolates the 1987 benchmark backward and forward using national time...
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This article focuses on the measurement of embodied technological change. It develops the core-machinery approach to capital measurement, which is based on an engineering perspective on technological change. Using technical characteristics of different types of machinery, technical progress in...
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This paper compares and analyses the East and West German levels of labour productivity in industries in 1936. For this purpose archive-data on the industrial census of 1936 were used. In comparison with earlier studies, which rely directly or indirectly on the official publication of the...
Persistent link: https://www.econbiz.de/10005207545
The Non-Accelerating Inflation Rate of Unemployment (NAIRU) is an appealing theoretical concept with strong macroeconomic policy implications. In practice, NAIRU's can be computed from estimated wage and price equations running in growth rates or in levels. In this paper we specify and estimate...
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