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Structural change is an important driver of productivity growth at the aggregate level. While previous productivity … to another. We develop an improved productivity decomposition that accounts for both intra-industry and inter … productivity to the industry level. The proposed decomposition is applied to Finland's information and communication technology …
Persistent link: https://www.econbiz.de/10014286016
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10013314751
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10012391362
We revisit UK's poor productivity performance since the Great Recession by means of both a suitable theoretical … over time, and distinguish between quantity total factor productivity (TFP-Q), i.e., the capacity to turn inputs into more … physical output (number of shirts, liters of beer), and what we call revenue total factor productivity (TFP-R), i …
Persistent link: https://www.econbiz.de/10012387534
Review of Stephen Broadberry, Market Services and the Productivity Race 1850-2000: British Performance in International …
Persistent link: https://www.econbiz.de/10014218445
Technologies (ICTs) in productivity growth, but this research has focused primarily on North America. In the fourth article … ICT capital is a primary driver of labour productivity growth in all UK sectors except mining and quarrying. He concludes … that the weaker productivity performance of the United Kingdom relative to the United States can be attributed mainly to …
Persistent link: https://www.econbiz.de/10005650240
The third issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards … contains six articles that deal with a wide range of issues in the productivity area. Topics covered are the contribution of … the information and communications technology sector to productivity growth in Canada and the United States; the Irish …
Persistent link: https://www.econbiz.de/10005650233
Measures of institutional quality are strong predictors of cross-country differences in income and productivity. The …
Persistent link: https://www.econbiz.de/10012900823
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10012923225