Showing 1 - 10 of 314
As a result of debt enforcement problems, many high-productivity firms in emerging economies are unable to pledge … additional resources that flow to high-productivity firms after the reforms. We show that some of these resources do not come … from abroad, but instead from domestic low-productivity firms that are driven out of business as a result of the reforms …
Persistent link: https://www.econbiz.de/10011084650
. Examining the sources of labour productivity growth in Mexican manufacturing, however, does not provide support for this … conclusion. Although we find that labour productivity levels vary almost in direct relation to establishment size, labour … productivity growth shows no systematic variation by size class. In fact, small establishments have had the same rate of labour …
Persistent link: https://www.econbiz.de/10005656467
leading to poor productivity performance are the most plausible explanation of Britain's relative decline. It is argued both …
Persistent link: https://www.econbiz.de/10005791602
We examine the growth performance of Sweden in the post-World War II period, focusing on explaining the relative … productivity catch-up is rejected. A number of potential `ultimate' causes behind the slowdown are explored. An increasingly …
Persistent link: https://www.econbiz.de/10005791604
productivity growth in the US economy can be attributed to a technological acceleration within durable manufacturing and to …-factor productivity in the 88% of the economy outside of durable manufacturing. In comparison with the Great Inventions of 1860-1900, the …
Persistent link: https://www.econbiz.de/10005124176
This paper assesses the ‘one big wave’ in multi-factor productivity (MFP) growth for the United States since 1870. The … boosting productivity growth, followed by a reopening that contributed to the post-1972 productivity slowdown. …
Persistent link: https://www.econbiz.de/10005124204
capita income, whereas its labour productivity level -- notably in manufacturing -- remained relatively high. The Dutch …
Persistent link: https://www.econbiz.de/10005114219
This paper tries to assess how costly it would be for the CEECs to peg their exchange rates to the Euro. We use three types of criteria: institutional (the Maastricht criteria); some measure of real convergence; and the Optimal Currency Area criteria. The institutional criteria seem to be an...
Persistent link: https://www.econbiz.de/10005662339
westwards are to be avoided, there must be convergence in productivity levels. This paper analyses possible convergence paths …
Persistent link: https://www.econbiz.de/10005666815
attempts to examine this relationship, while recent trade theory suggests that the relationship between trade and productivity …The comovement between exports and productivity observed in many countries suggests a direct link between these two … suggest that exports, productivity and the terms of trade move together in the long run in all countries except the United …
Persistent link: https://www.econbiz.de/10005504339