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; Distance to Frontier ; Inappropriate Technologies ; Skill-biased Technical Change ; Productivity ; TFP differences …
Persistent link: https://www.econbiz.de/10009739171
As it takes time and effort to learn how to fully utilise new technology and realise its maximum potential productivity … gain, adoption of new technology tends to reduce productivity temporarily, even though the potential productivity gain in … potential explanation of the following two “productivity puzzles” reported in the Information Technology (IT) literature and in …
Persistent link: https://www.econbiz.de/10012445893
We show that an increase in aggregate uncertainty - measured by stock market volatility - reduces productivity growth … uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment … difference-in-difference approach using productivity growth of 25 industries from 18 advanced economies over the period 1985 …
Persistent link: https://www.econbiz.de/10011634332
potential candidate countries. The analysis reveals that total factor productivity growth has been the main driver of … negative link between the initial level of GDP and subsequent growth. Labour productivity has improved in most countries, while … are needed in terms of labour productivity and utilisation, as well as in terms of physical and human capital accumulation. …
Persistent link: https://www.econbiz.de/10011641211
Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. Recent statistical advances suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) — articulating supply and demand chains...
Persistent link: https://www.econbiz.de/10012996189
productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012846170
We examine the link between trade liberalization and aggregate productivity, with a focus on improved market selection … closely on productivity. Using a dynamic simulation, we find that enhanced selection increases aggregate productivity … substantially. Trade liberalization also increases productivity of incumbent plants and improves the allocation of activity. We find …
Persistent link: https://www.econbiz.de/10012863528
Labour productivity growth in the Canadian business sector slowed substantially after 2000. Most of the slowdown … and a slowdown in export growth. The paper finds that at least half of the slowdown in aggregate productivity growth is … because of the pro-cyclical nature of productivity growth arising from capacity utilization. Almost all of the aggregate …
Persistent link: https://www.econbiz.de/10014172482
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10014184424
The study investigates the causal impact of trade openness and technology transfers on productivity growth in … technology diffusion affecting productivity growth in developing countries. On the contrary technologically non-intensive imports … (imports from the less innovative countries) tend to have petty or even negative effect on productivity growth. The findings …
Persistent link: https://www.econbiz.de/10014217389