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Persistent link: https://www.econbiz.de/10011787040
James A. Schmitz (2005) documents, in a well-known case study, a dramatic rise in productivity in the U.S. and Canadian … not competitive. Surplus in profits was divided between business and unions. Schmitz attributes the increase in … productivity to a change in work practices in the industry, as old negotiated union work rules were abandoned or modified. This …
Persistent link: https://www.econbiz.de/10010822007
We study the role of productivity convergence and financial conditions in the recent growth experience of Hungary. We … build a stochastic, small-open economy growth model with productivity convergence, capital accumulation and external … borrowing. Using empirically identified processes for productivity and the external interest premium, we simulate the effects of …
Persistent link: https://www.econbiz.de/10012107277
productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10010273013
impact on the ROW. The opening-up of China is beneficial to the ROW if it led to significant productivity growth in China …
Persistent link: https://www.econbiz.de/10010277832
We study the role of productivity convergence and financial conditions in the recent growth experience of Hungary. We … build a stochastic, small-open economy growth model with productivity convergence, capital accumulation and external … borrowing. Using empirically identified processes for productivity and the external interest premium, we simulate the effects of …
Persistent link: https://www.econbiz.de/10012290297
productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10003692312
impact on the ROW. The opening-up of China is beneficial to the ROW if it led to significant productivity growth in China … perspective. -- Chinese Growth ; Reform and Opening-up ; Productivity ; Terms of Trade …
Persistent link: https://www.econbiz.de/10009161992
that slow growth in agricultural productivity can substantially delay the development process and result in significant … differences in per capita incomes. Some of our results indicate that low agricultural productivity delayed the beginning of the … can be accelerated, however, by increasing productivity in the non-agricultural sector. In fact, in the long run, it is …
Persistent link: https://www.econbiz.de/10009515831
-37. In this time period, real wages were countercyclical, and productivity and fiscal policy was procyclical. We use the … in productivity and fiscal policy were also important for the decline and recovery. Even though our analysis is limited …
Persistent link: https://www.econbiz.de/10013097364