Showing 41 - 50 of 1,773
our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …
Persistent link: https://www.econbiz.de/10013219298
We examine the role of the ICT revolution in driving productivity growth behavior for the United States and an …. Using industry-level data from EU KLEMS, we find that most of the 1995-2005 U.S. productivity growth revival was driven by … rather than providing a new permanent era of faster productivity growth. This joint transatlantic post-2005 slowdown is …
Persistent link: https://www.econbiz.de/10013312125
The paper analyzes the production structure and the demand for inputs in three major industrialized countries, the U ….S., Japan and Germany. A dynamic factor demand model with two variable inputs (labor and energy)and two quasi-fixed inputs … differences in factor demand schedules; we also find that for all countries the speed of adjustment for capital is higher than …
Persistent link: https://www.econbiz.de/10013223350
This paper presents capital utilization corrected measures of technology shocks for aggregate and disaggregated (two digit Standard Industrial Classification code) industries. We correct for variations in capital utilization by employing industrial electrical use as a measure of capital...
Persistent link: https://www.econbiz.de/10013223882
position variables and the potential spilover pool in explaining R&D intensity, patent productivity and TFP growth is explored … effects are significant in explaining patent productivity. I cannot distinguish between the two effects in explaining TFP … firms do more R&D themselves, they produce more patents per R&D dollar, and their productivity grows faster, even …
Persistent link: https://www.econbiz.de/10013225580
of capital, and various factor demand functions for the Bell system during the post-war period. Each vintage of capital … is assumed to differ in productivity according to a parametric function of R&D effort embodied in that vintage of capital …&D expenditures at Bell Laboratories and the improvements in the productivity of specific capital inputs which are due to those R …
Persistent link: https://www.econbiz.de/10013226942
In this paper we discuss recent advances in modeling and estimating dynamic factor demand models, and review the use of … such models in analyzing the production structure, the determinants of variable and quasi-fixed factors, and productivity … growth. The paper also discusses the traditional approach to productivity analysis based on the Divisia index number …
Persistent link: https://www.econbiz.de/10013229343
, investment, average productivity and output up. This evidence contrasts sharply with the results reported in a large and growing …
Persistent link: https://www.econbiz.de/10013230364
We introduce a growth model of technology diffusion and endogenous Total Factor Productivity (TFP) levels both at the … disparities in sectoral productivity levels as well as aggregate TFP that can be attributed to the differences in the range of …
Persistent link: https://www.econbiz.de/10013230620
In this paper, we examine the sources of the productivity growth in the U.S. computer industry from 1978 to 1999. We … and product innovations. Based on the estimation results, we decompose total factor productivity (TFP) growth rate into …
Persistent link: https://www.econbiz.de/10013230964