Showing 1 - 10 of 64
India's dramatic trade liberalization starting from 1991 on market efficiency and productivity growth using Indian … from the shrinking of market size experienced no change or falling total factor productivity (TFP) growth; whereas leather …
Persistent link: https://www.econbiz.de/10011558469
Why did the country that borrowed the most industrialize first? Earlier research has viewed the explosion of debt in 18th century Britain as either detrimental, or as neutral for economic growth. In this paper, we argue instead that Britain's borrowing boom was beneficial. The massive issuance...
Persistent link: https://www.econbiz.de/10011282528
to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …
Persistent link: https://www.econbiz.de/10010263207
productivity growth in semi-industrialized economies. These effects are hypothesized to operate through the negative impact of firm … raise productivity in defense of profits, contributing to a low wage-low productivity trap. This paper presents empirical … link between increased firm mobility and lower wages, as well as slower productivity growth over the period 1970-2000. …
Persistent link: https://www.econbiz.de/10010266557
This essay assesses the relationship between farm size and productivity. Both parametric and nonparametric methods are …
Persistent link: https://www.econbiz.de/10010266601
paper also investigates the impact of land fragmentation on productivity and labor input per acre, and finds a positive …
Persistent link: https://www.econbiz.de/10010266606
of a technique depends on both the productivity embodied in the technique and the cost of the particular input; when … productivity depends on whether the lower cost firms are the important suppliers of inputs. When the share of intermediate goods in … production is high, the lower cost firms are selected as suppliers more frequently. This raises aggregate productivity and also …
Persistent link: https://www.econbiz.de/10010292100
percent for total factor productivity. Overall, the distortions explain about 67 percent of the variation in income per worker …
Persistent link: https://www.econbiz.de/10010292236
We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …
Persistent link: https://www.econbiz.de/10010292361
We use data on Austrian firms and employees to estimate the effects of employer-provided training on productivity … general, we find a robust positive elasticity of training on productivity of about 0.04. In-house training is more effective …
Persistent link: https://www.econbiz.de/10010294844