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total factor productivity relationship. Static externalities refer to current period scale or industry-size effects which …
Persistent link: https://www.econbiz.de/10011555818
This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … aims, this paper employs a cross-country growth accounting econometric estimation approach using the largest, up … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining 56 …
Persistent link: https://www.econbiz.de/10012060685
This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … aims, this paper employs a cross-country growth accounting econometric estimation approach using the largest, up … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining up to …
Persistent link: https://www.econbiz.de/10012145830
economic and price level convergence, respectively, refer to the narrowing of the income (productivity) and the price level gap … helps us understand, why net real wages are relatively low in these countries (as compared to their relative level of income/productivity …
Persistent link: https://www.econbiz.de/10011333487
Using a large firm level dataset, that covers 18 European countries in the 2006-2014 period, I develop an empirical approach in the spirit of Rajan and Zingales (1998) in order to study whether and to what extent the credit cycle influences the efficient allocation of resources across firms. I...
Persistent link: https://www.econbiz.de/10012925009
This paper concentrates on the central link between productivity and knowledge capital, and shifts attention from firms … estimate the effects over the period 1997-2002. The dependent variable is total factor productivity (TFP). We use a region … panel data spatial error model is advocated and implemented for analyzing the productivity effects. The findings provide a …
Persistent link: https://www.econbiz.de/10012706493
This paper examines progressive changes in productivity of the European stock exchange industry using non …-parametric frontier techniques. Within the framework of Malmquist indices, total factor productivity growth is decomposed into … 1993-1999. The principal findings indicate an overall rise in productivity over the sample period, which is driven more by …
Persistent link: https://www.econbiz.de/10014111167
Persistent link: https://www.econbiz.de/10010246953
Persistent link: https://www.econbiz.de/10010422516
sector, it is their initial productivity advantage on the local firm to determine the positive effect on domestic … productivity growth. We test this hypothesis using firm level data for German and Italian companies during the 90's and we find …
Persistent link: https://www.econbiz.de/10014103737