Showing 1 - 10 of 510
Multivariate unobserved components (structural) time series models are fitted to annual post-war observations on real income per capita in countries in the euro zone. The aim is to establish stylized facts about convergence as it relates both to long-run income levels and to cycles. The analysis...
Persistent link: https://www.econbiz.de/10005067405
This paper proposes an empirical growth model which is consistent with a stochastic steady-state labour productivity …
Persistent link: https://www.econbiz.de/10005123970
Paper quantifies the effects of rural-urban wage differentials and urban unemployment on aggregate productivity, wages and …
Persistent link: https://www.econbiz.de/10005067428
productivity. …
Persistent link: https://www.econbiz.de/10005661674
We estimate the effect of international trade on average labour productivity across countries. Our empirical approach … empirical grounds. In contrast to the marginally significant and non-robust effects of trade on productivity found previously … productivity. Our finding is that trade works through labour efficiency, while institutional quality works through physical and …
Persistent link: https://www.econbiz.de/10005661691
labour productivity. We control for different regional and firm characteristics, and we instrument enforcement with the … it is likely to contribute to an improvement in productivity. …
Persistent link: https://www.econbiz.de/10005661940
accompanying revival of productivity growth, directly contributed both to faster output growth and to holding down the inflation … the United States, they did not prevent the US from experiencing a dismal period of slow productivity growth between 1972 … and 1995 nor from falling behind in numerous industries outside the IT sector. The 1995-2000 productivity growth revival …
Persistent link: https://www.econbiz.de/10005666412
knowledge' from its cumulative R&D activities, a developing country can boost its productivity by importing a larger variety of …
Persistent link: https://www.econbiz.de/10005667027
Germany overtook Britain in comparative productivity levels for the whole economy primarily as a result of trends in … services rather than trends in industry. Britain’s productivity lead in services before World War II reflected external … economies of scale in a highly urbanised economy with an international orientation. Low productivity in Germany reflected the …
Persistent link: https://www.econbiz.de/10005788930
and productivity. We decompose the spatial variation of earnings into a productivity effect and an occupational … that doubling the population of working age proximate to an area is associated with a 3.5% increase in productivity in the …
Persistent link: https://www.econbiz.de/10005792018