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We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral … productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese …
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This paper constructs a dynamic stochastic general equilibrium model in which labor reallocations between production and organizational tasks generate endogenous TFP movements and also amplify and propagate the effects of exogenous shocks on macroeconomic activity. Organizational tasks in our...
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The 1980s have seen the emergence of a new perception of productivity and its relationship to quality, cost and … quality and high productivity and profitability are mutually exclusive has been seriously challenged by academics and managers … alike. While most company studies point to a positive relationship between quality and productivity, the results of the …
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productivity and convergence. The potential existence of geographical spillovers of human capital is also considered by applying … of human capital on regional productivity and convergence, but reveals no evidence of any positive geographical …
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-parametric productivity estimates. The methodology, robust to different techniques of TFP estimation, allows us to analyze the sources of …
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