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The recent productivity experience of the New Zealand economy is examined using a cyclically-adjusted or trend measure … of Total Factor Productivity (TFP). On the basis of this measure, the results of estimating a leader-follower convergence … relationship suggest that productivity in New Zealand has been converging to US levels through a process of technological diffusion …
Persistent link: https://www.econbiz.de/10014112599
Estimates for the U.S. suggest that at least in some sectors productivity enhancing reallocation is the dominant factor … in accounting for productivity growth. An open question, particularly relevant for developing countries, is whether … reallocation is always productivity enhancing. It may be that imperfect competition or other barriers to competitive environments …
Persistent link: https://www.econbiz.de/10014028170
We look into the relationship between business practices and enterprise productivity using panel data with matched … relations we find a positive and economically important association between business practices and productivity. The results are …-added functions and the Mincer regressions show that at least half of the productivity gain from improved business practices stems …
Persistent link: https://www.econbiz.de/10012437339
This study quantifies the impact of process and product innovation on employment growth in Bolivia by using microdata from a survey on innovation conducted in Bolivia in 2016. Following the model of Harrison, Jaumandreu, Mairesse, and Peters (2008) and the adaptations for Latin America of Crespi...
Persistent link: https://www.econbiz.de/10012670262
The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...
Persistent link: https://www.econbiz.de/10011646840
robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …
Persistent link: https://www.econbiz.de/10014339316
In this paper, we argue that fundamental reforms of the Swedish business sector can explain the remarkable productivity … firms substantially contributed to productivity and employment growth during this period, which suggests that the …
Persistent link: https://www.econbiz.de/10011343029
evidence for sequential sorting into different export-modes according to firm productivity: i) only the most productive firms …
Persistent link: https://www.econbiz.de/10010391833
This paper uses firm-level data for Mexican exporters to understand how firm-level export decisions shape a country's aggregate exports. The data allows for a characterization of both the crosssectional distribution of Mexican exports, across destinations and across exporting firms, and of the...
Persistent link: https://www.econbiz.de/10012166191
gives the opportunity to analyse the industry sector's productivity by minimizing the problem of endogeneity and therefore …
Persistent link: https://www.econbiz.de/10014420394