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/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10012990873
This paper introduces new estimates of recent productivity developments in the United States, using an appropriate … continued strong performance of U.S. productivity since 2000. We find that the major sectoral players in the late 1990s pickup … were not contributors to the more recent surge in productivity. Rather, striking gains in MFP in the finance and business …
Persistent link: https://www.econbiz.de/10012709388
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery … industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital … inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The …
Persistent link: https://www.econbiz.de/10013218546
Persistent link: https://www.econbiz.de/10013257702
. We use the theory to compare current accounting measures for labor productivity and investment with the corresponding … understate the boom in productivity and investment … 1990s, provided that variations in population growth, depreciation rates, total factor productivity, and taxes are …
Persistent link: https://www.econbiz.de/10012750319
Persistent link: https://www.econbiz.de/10012813788
Persistent link: https://www.econbiz.de/10009634303
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model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is … robust investment which translates directly into productivity gains …
Persistent link: https://www.econbiz.de/10013322112