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We here consider how Chinese firms adjust to higher minimum wages and how these affect aggregate productivity, exploiting the 2004 minimum-wage reform in China. We find that higher city-level minimum wages reduced the survival probability of firms which were the most exposed to the reform. For...
Persistent link: https://www.econbiz.de/10011246327
The work considers perspective ways of technology borrowing on industry-regional level in Russia and offers preliminary methodology for identification of suitable technologies for particular region. Methodology is based on labor productivity comparisons. For this purposes productivity levels for...
Persistent link: https://www.econbiz.de/10011259521
The article considers perspective ways of technology borrowing in industry-regional level in Russia and offers preliminary methodology for identification of suitable technology for particular region. Methodology is based on labor productivity comparisons. For this purposes productivity levels...
Persistent link: https://www.econbiz.de/10011260257
In this paper I consider 28 developed and developing countries, in the period 1980- 1995, and I employ the Within Group and the Generalized Method of Moments estimators to test, respectively, for Total Factor Productivity determinants and labor productivity convergence driving forces...
Persistent link: https://www.econbiz.de/10009651040
This article reconsiders the growth of Italian industry from the First World War to the eve of the economic miracle, with the aid of sector-specific new value-added series, at three different price-bases. The new estimates reduce growth during the First World War, making the Italian case...
Persistent link: https://www.econbiz.de/10010548107
The article provides multifaceted evidence on the shape of the aggregate country-level production function, derived from the World Technology Frontier, estimated on the basis of annual data on inputs and output in 19 highly developed OECD countries in the period 1970–2004. A comparison of its...
Persistent link: https://www.econbiz.de/10009386574
India's growth and poverty performance over the last three decades has been a subject of great curiosity. Unlike the East Asian countries, India's growth spurt is not associated with exceptionally high domestic savings or foreign capital inflows or manufacturing exports. So what triggered the...
Persistent link: https://www.econbiz.de/10009395423
We conduct a comprehensive study of macroeconomic modeling methods, new theories of economic growth and the impact of technology and institutions on economic growth, in order to formulate the basic characteristics that are critical for efficient technological and institutional effects modeling....
Persistent link: https://www.econbiz.de/10009402054
In this paper we ask how technological differences in manufacturing across countries can best be modeled when using a standard production function approach. We show that it is important to allow for differences in technology as measured by differences in parameters. Of similar importance are...
Persistent link: https://www.econbiz.de/10009642391
This paper attempts to establish a formal relationship between innovation and productivity using Colombian firm-level data. It is found that the production of goods and services new to the firm and to the domestic market enhances firms` sales per worker, and innovation that results in...
Persistent link: https://www.econbiz.de/10009643438