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We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970 … productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric …
Persistent link: https://www.econbiz.de/10005796123
This paper sets out a general algorithm for calculating true cost-of-living indices or true producer price indices when demand is not homothetic, i.e. when not all expenditure elasticities are equal to one. In principle, economic theory tells us how we should calculate a true cost-of-living...
Persistent link: https://www.econbiz.de/10008476317
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers' convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10005256474
labour productivity fell in the UK. And we consider the evolution of the aggregate depreciation rate and of capital …
Persistent link: https://www.econbiz.de/10011213430
firms with different levels of productivity. A common problem is that most firm level dataset do not contain information on … output prices of firms which makes it difficult to distinguish between productivity differences and differences in market … power between firms. This paper develops a new econometric framework that allows estimating both firm specific productivity …
Persistent link: https://www.econbiz.de/10008646242
A startling fact of firm level productivity analysis is the large and persistent differences in both labour … productivity and total factor productivity (TFP) between firms in narrowly defined sectoral classes. The competitiveness of an … industry is potentially an important factor explaining this productivity dispersion. The degree of competition has also …
Persistent link: https://www.econbiz.de/10005017047
three questions (a) What is the source of knowledge flows? (b) To what extent do such flows contribute to productivity …
Persistent link: https://www.econbiz.de/10005796134
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10009643553
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro …
Persistent link: https://www.econbiz.de/10009649751
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro …
Persistent link: https://www.econbiz.de/10010549054