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Abstract In this paper we examine productivity differences between trading and non-trading firms in the services sector …
Persistent link: https://www.econbiz.de/10010699844
We develop a neoclassical trade model with heterogeneous factors of production. We consider a world with two factors, labor and ?managers?, each with a distribution of ability levels. Production combines a manager of some type with a group of workers. The output of a unit depends on the types of...
Persistent link: https://www.econbiz.de/10010699917
The intangible capital represents the knowledge incorporated in the processes of the creation of the economic value. The function of the intangible resources consists in sustaining the long-term growth by assuring some increasing efficiencies of the entire capital. The comparison of the growing...
Persistent link: https://www.econbiz.de/10010700202
James A. Schmitz (2005) documents, in a well-known case study, a dramatic rise in productivity in the U.S. and Canadian … productivity to a change in work practices in the industry, as old negotiated union work rules were abandoned or modified. This … research formalizes a mechanism through which a rise in competition can lead to increased productivity in the iron-ore industry. …
Persistent link: https://www.econbiz.de/10010700340
“capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first … undervaluation of the currency boost the overall productivity level in the economy? If so, does this “undervaluation …-induced” productivity improvement significantly enhance growth? And finally, what is the magnitude of the TFP growth channel compared to the …
Persistent link: https://www.econbiz.de/10010700465
The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data … discuss a wide range of hypotheses which seek to explain the productivity collapse, including the impact of austerity. Most of … financial crises, particularly banking crises, on productivity, capital, TFP and employment. Based on a cross-country panel …
Persistent link: https://www.econbiz.de/10010700733
Persistent link: https://www.econbiz.de/10010700933
This paper analyzes the causal relations between firms' productivity, factor intensity and export participation. Using … strong evidence of domestic firms self-selecting into export markets with higher productivity ex ante, and enhanced … productivity ex post. No such pattern is observed among foreign-invested ?rms. We also find that both domestic and foreign new …
Persistent link: https://www.econbiz.de/10010700992
This work proposes to analyse learning opportunities in North-South trade. Without a direct measure of knowledge transmission, we use export and import sophistications in order to evaluate learning effects for Sub-Saharan African (SSA) and Developing Asian (DA) countries with regard to their...
Persistent link: https://www.econbiz.de/10010701071
It is widely believed that in the US wage growth has fallen massively behind productivity growth. Recently, it has also … track real labour productivity growth (value added per hour), so net decoupling should only occur if labour's share falls as …
Persistent link: https://www.econbiz.de/10010702081