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manufacturing sector to decompose total factor productivity growth into technical efficiency change and technical progress for … industries and firm sizes, leading to total factor productivity growth. The analysis identifies the industries and firm sizes … that lag the most in productivity, and thus have the greatest scope for policies that facilitate productivity growth …
Persistent link: https://www.econbiz.de/10013142888
exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970 … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly … manufacturing labour-productivity developments. Furthermore, we find labour-productivity growth to be higher on average than energy-productivity …
Persistent link: https://www.econbiz.de/10011334858
Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. The present essay builds on recent statistical advances to suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) -...
Persistent link: https://www.econbiz.de/10011435987
This study is a first contribution to prioritization across productivity determinant capabilities that attempts to …
Persistent link: https://www.econbiz.de/10011457783
This study compares the sources of growth in East Asia with the rest of the world, using a methodology that allows one … to decompose total factor productivity (TFP) growth into technical efficiency changes (catching up) and technological … technical efficiency of the high-performing East Asian economies was not out of line with the rest of the world. …
Persistent link: https://www.econbiz.de/10011521452
breaks in economic growth with nonparametric growth accounting that enables the decomposition of productivity changes into … productivity changes whereas factor accumulation plays only a minor role. Except for high income countries productivity changes …
Persistent link: https://www.econbiz.de/10003654951
The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …
Persistent link: https://www.econbiz.de/10011477079
This paper employs a nonparametric approach to investigate the sources of growth in labor productivity for 77 countries … and to decompose it in the following three components: (1) total factor productivity; (2) capital deepening; and (3 …
Persistent link: https://www.econbiz.de/10013130925
decompositions, simulations and counter-factual analyses are performed. We find that, although total factor productivity has a … present- for different reasons. Even after correcting for productivity differences, some nations remain poor mostly because of …
Persistent link: https://www.econbiz.de/10012770617
I estimate a Solow model augmented with human capital in 42 countries for 1910-2000. Estimated TFP growth is 0.3%/year, and the steady-state rate for GDP/capita is 1.0% year. Implicitly for high-income countries maintaining growth above this rate will be increasingly difficult
Persistent link: https://www.econbiz.de/10013047293