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There have been sharp movements in productivity growth in the euro area and in the United States recently, upwards in …
Persistent link: https://www.econbiz.de/10009283339
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10009643553
This paper considers the issue of competitiveness of national economy, making specific reference to the economic situation of Romania in the year 2010. The diversity of views on approaches to competitiveness in the literature requires consultation of reports prepared by prestigious international...
Persistent link: https://www.econbiz.de/10009366112
Recent research has emphasised the role of trade in productivity growth. The purpose of the present paper is to … imports and productivity growth. We focus on the European Union and find intra-union imports to have more of an effect on … total factor productivity growth than imports from the outside of the EU, even if only developed nonmember countries are …
Persistent link: https://www.econbiz.de/10010840746
In this paper we (1) estimate the effects of international R&D spillovers on total factor productivity growth of the …
Persistent link: https://www.econbiz.de/10005826835
productivity growth, and production efficiency improvement. In addition, this paper incorporates the quality of inputs in analyzing … output growth, where the productivity of capital depends on its average age, while the productivity of labor depends on its … the improved quality of factors or total factor productivity growth in explaining output growth. The quality of capital …
Persistent link: https://www.econbiz.de/10005800308
Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity … products. The countries that import the higher productivity intermediate products and capital equipments produced in the richer … productivity level associated with a country's imports. Using instrumental variable method (to address the endogeneity problems …
Persistent link: https://www.econbiz.de/10005537294
production technology. Then we estimate the total factor productivity series for each classification. Using determinants of total … factor productivity that include, among many others, human capital, openness, and distortion of domestic prices relative to … productivity. …
Persistent link: https://www.econbiz.de/10005746071
Recent trade theory suggests that the relationship between trade and productivity is fundamentally ambiguous. This … study investigates the cointegration and causal relationship between productivity growth and export growth for a number of … productivity and exports are causally related in the long run for each economy. The results suggest that export growth contributes …
Persistent link: https://www.econbiz.de/10005641843
How big a boost to long run growth can countries expect from the ICT revolution? I use the results of growth accounting and the insights from a two-sector growth model to answer this question. A two-sector rather than a one-sector model is required because of the very rapid rate at which the...
Persistent link: https://www.econbiz.de/10010597532