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This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …
Persistent link: https://www.econbiz.de/10010264965
International specialization is a strong driver of sectoral productivity. This specialization is not only characterized … value products on later stages of assembly. At that, intermediate inputs encapsulate innovation efforts of upstream sectors … productivity effects stemming from embodied technologydiffusion on sectoral level. Therefore, based on the idea of Romer's model of …
Persistent link: https://www.econbiz.de/10010312205
productivity growth in Canada. Results suggest that the impact of a positive relative price shock will - in the adjustment process … - lower productivity growth in the primary and the non-tradable sectors, and increase it somewhat in the manufacturing sector …. The overall impact appears to be slightly negative on aggregate labour productivity growth, but this effect is only …
Persistent link: https://www.econbiz.de/10010289727
International specialization is a strong driver of sectoral productivity. This specialization is not only characterized … value products on later stages of assembly. At that, intermediate inputs encapsulate innovation efforts of upstream sectors … productivity effects stemming from embodied technologydiffusion on sectoral level. Therefore, based on the idea of Romer’s model of …
Persistent link: https://www.econbiz.de/10010877597
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10010884516
This paper is dedicated to probing into the dynamic performances of industrial productivity across regions of … productivity) growth is decomposed into four components. The main results are as follows. First, since 1988, the industrial TFP … common shock to the industrial productivity, the eastern area with relatively few SOEs suffers the least from this policy …
Persistent link: https://www.econbiz.de/10010934935
The behaviour of labour productivity in the United Kingdom since the onset of the recession in early 2008 constitutes a … puzzle. Over four years after the recession began labour productivity is still below its previous peak level. This paper … crisis to have both a short-run effect on the growth rate of labour productivity and a long-run effect on its level is …
Persistent link: https://www.econbiz.de/10005245768
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10009643553
The behaviour of labour productivity in the United Kingdom since the onset of the recession in early 2008 constitutes a … puzzle. Over four years after the recession began labour productivity is still below its previous peak level. This paper … crisis to have both a short-run effect on the growth rate of labour productivity and a long-run effect on its level is …
Persistent link: https://www.econbiz.de/10010604793
productivity. This framework is based on a multi-sector equilibrium model with sector-specific frictions in the form of taxes on …, this framework is consistent with that commonly used in productivity analysis. I apply this framework to measure the extent … to which resource misallocation explains the difference in aggregate productivity across developed countries. I find that …
Persistent link: https://www.econbiz.de/10010869506