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Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …
Persistent link: https://www.econbiz.de/10010340544
firms productivity levels within the industry. Less pronounced differences in productivity levels make it easier to design … collective wage contracts that are accepted by a wider range of firms within an industry. Higher dispersion in productivity … likely to decrease. We measure correlations between productivity variation and collective bargaining coverage in various …
Persistent link: https://www.econbiz.de/10010341121
empirical facts in a unified way. I study the role of firm heterogeneity in productivity for within-industry lobby formation …
Persistent link: https://www.econbiz.de/10010342185
Empirical data suggest that new firms tend to grow faster than incumbent firms in terms of their productivity. A sticky … firms to align their real price with their idiosyncratic productivity growth. In contrast, the standard sticky-price model …
Persistent link: https://www.econbiz.de/10010342838
Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon coun-tries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...
Persistent link: https://www.econbiz.de/10010343753
correlations of hours and productivity in response to technology shocks ('productivity-hours puzzle'). In this paper we show that … by just enhancing the standard frame- work with investment adjustment costs can resolve the 'productivity-hours puzzle'. …
Persistent link: https://www.econbiz.de/10010343821
In this paper we add to the debate on the public capital - productivity link by exploiting very recent developments in … controlling for other productivity determinants like human capital, the stock of patents and R&D capital. …
Persistent link: https://www.econbiz.de/10010343855
We develop a stochastic general equilibrium model in which maintenance endogenously affects the capital depreciation rate. The model performs well in generating maintenance series that match closely existing survey-based measures for Canada. Maintenance is procyclical and comoves almost always...
Persistent link: https://www.econbiz.de/10010343861
I adopt the distribution dynamics framework to study labor productivity convergence, in the period 1980-1995, among 28 …
Persistent link: https://www.econbiz.de/10010343888
and the Generalized Method of Moments estimators to test, respectively, for Total Factor Productivity determinants and … labor productivity convergence driving forces (i.e.capital accumulation and technological catch-up) in different … cross-country heterogeneity of labor productivity convergence tendencies. My results show that technology growth rate is …
Persistent link: https://www.econbiz.de/10010343896