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most important driver of changes in GDP growth for both the US and other advanced economies. When applied to real-time data …
Persistent link: https://www.econbiz.de/10011145426
employment growth within Europe. We document this trade-off in the raw data, in regressions that control for the two …
Persistent link: https://www.econbiz.de/10005124319
occupational choice within this framework. We fully calibrate our model to data from India for the early 2000's. We find that …
Persistent link: https://www.econbiz.de/10008854474
This paper assesses the strength of productivity spillovers non-parametrically in a data-set of 12 industries and 231 …
Persistent link: https://www.econbiz.de/10011083265
The EU-US total factor productivity (TFP) growth gap since the mid-1990's is concentrated in a handful of market service industries (most notably retail trade) and in ICT-producing manufacturing, whilst the EU exhibits a stronger performance in a number of the network utilities. This paper...
Persistent link: https://www.econbiz.de/10004990849
The Paper considers the accuracy of traditional TFP growth estimates using an econometric methodology which takes account of scale economies, fixed factors of production and adjustment costs to reveal underlying ‘pure technological change’. The results suggest that these biases vary...
Persistent link: https://www.econbiz.de/10005067403
Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....
Persistent link: https://www.econbiz.de/10005662236
We analyse productivity growth in UK manufacturing 1980-92 using the newly available ARD panel of establishments drawn from the Census of Production. We examine the relative importance of 'internal' restructuring (such as new technology and organizational change) and 'external' restructuring...
Persistent link: https://www.econbiz.de/10005666830
The paper surveys both the usefulness of endogenous innovation models of growth in economic history and the implications of historical research for new growth theorists. It is suggested that economic historians should take endogenous innovation models seriously and that this will help them to...
Persistent link: https://www.econbiz.de/10005667114
This paper surveys the extensive literature on European economic growth since 1950. It presents an overview of comparative growth performance together with benchmarked growth accounting estimates. The growth experience is considered in terms of three periods, the Golden Age of 1950-73, the...
Persistent link: https://www.econbiz.de/10005124329