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productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10012391362
We revisit UK's poor productivity performance since the Great Recession by means of both a suitable theoretical … over time, and distinguish between quantity total factor productivity (TFP-Q), i.e., the capacity to turn inputs into more … physical output (number of shirts, liters of beer), and what we call revenue total factor productivity (TFP-R), i …
Persistent link: https://www.econbiz.de/10012387534
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011815929
-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …
Persistent link: https://www.econbiz.de/10011755500
This article uses a non-linear time-varying model to test productivity convergence in 10 emerging countries within … for all countries in most of the sectors. Also, we found evidence that the productivity clusters for total economy and … other sectors are very different in terms of number and countries. Additionally, even if the productivity gaps in the region …
Persistent link: https://www.econbiz.de/10011890898
potential candidate countries. The analysis reveals that total factor productivity growth has been the main driver of … negative link between the initial level of GDP and subsequent growth. Labour productivity has improved in most countries, while … are needed in terms of labour productivity and utilisation, as well as in terms of physical and human capital accumulation. …
Persistent link: https://www.econbiz.de/10011641211
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011869248
the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage …
Persistent link: https://www.econbiz.de/10005083112
-2002. We compute the contribution to output and labour productivity growth of employment, non-ICT and ICT capital, labour … qualification and Total Factor Productivity. Results are given for 29 different branches; individually and grouped into four … that although the ICT intensive group appears to be the most dynamic cluster, most of the impact on productivity is still …
Persistent link: https://www.econbiz.de/10005020487
The paper presents a quantification of Spanish productivity performance over the last two decades –with a special … notable inefficiencies, as identified by negative Total Factor Productivity (TFP) contributions to productivity growth during … resurgence of labour productivity in Spain over the 2000-2004 period. …
Persistent link: https://www.econbiz.de/10005020490