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technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices in not due to … a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity … differentials could be levelled out, substantial gains thorough improvements in allocative efficiency would be possible. …
Persistent link: https://www.econbiz.de/10005118707
The labour productivity differentials between manufacturing firms in Ghana and South Korea exceed those implied by … and South Korea. There is no significant difference in total factor productivity across the countries once we allow for … the shape of the relationship between productivity and human capital across countries is crucial for understanding the …
Persistent link: https://www.econbiz.de/10009642316
technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices is not due to … a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity … distortions could be removed substantial gains thorough improvements in allocative efficiency would be possible. …
Persistent link: https://www.econbiz.de/10009642647
technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices in not due to … a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity … differentials could be levelled out, substantial gains thorough improvements in allocative efficiency would be possible. …
Persistent link: https://www.econbiz.de/10009642650
, can be based on creation of an innovation-friendly environment. As our research has shown, it is important to consider …
Persistent link: https://www.econbiz.de/10012503408
dramatically during the same period. We examine the sources of Germany's productivity demise using the ifo industry growth …While the US experienced two successive labor productivity surges in 1995 and 2000, Germany's productivity declined … accounting database that provides detailed industry-level investment information. While much attention has focused on the …
Persistent link: https://www.econbiz.de/10010264056
for economic growth and convergence in the international economy. Although some studies show that industry has been … the contrary, most jobs are generated in low-productivity activities in the service sector. …
Persistent link: https://www.econbiz.de/10005732002
that of services has been growing. This study focuses on the "Hirschmanian" channels through which sectoral growth can lead … African economy. Manufacturing is found to be especially important as a source of demand for the services sector and the rest … in manufacturing on the South African economy. -- growth ; manufacturing ; services ; multipliers ; input-output tables …
Persistent link: https://www.econbiz.de/10003793474
" exits. Moreover, the derived dataset allows to monitor the innovation activities of the firms and also to capture …
Persistent link: https://www.econbiz.de/10011674392
The importance of services inputs in enhancing manufacturing productivity and competitiveness has been well documented … strength of the interlinkage between the services and manufacturing sectors in India and China, using value-added and exports … when we use the value-added approach. Second, China's services value-added contribution is concentrated in traditional …
Persistent link: https://www.econbiz.de/10012857723