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process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … results show the presence of lagged effects product innovation on productivity two years after innovation. Compared with the …
Persistent link: https://www.econbiz.de/10013068168
This paper estimates the impact of relative price volatility on sector-level investment allocation using a panel of 65 … efficient investment allocation in that investment is not necessarily devoted to relatively more productive sectors, especially …
Persistent link: https://www.econbiz.de/10013126312
This paper studies equity price volatility in general equilibrium with news shocks about future productivity and …
Persistent link: https://www.econbiz.de/10013121553
This paper attempts to establish a formal relationship between innovation and productivity using Colombian firm … sales and Total Factor Productivity (TFP). Innovation in processes likewise improves firms' productivity and sales. Finally …, innovation in marketing and management increases sales per worker and enhances TFP when investment is made in Research and …
Persistent link: https://www.econbiz.de/10013124199
prevailing institutional setting or the level of human capital accumulation. Instead, low investment in knowledge capital stands … innovation were found to be significant, promoting a non-negligible acceleration of labor productivity gains. However, the … respect to products on labor productivity. However, the degree of novelty of process innovation is significantly inferior to …
Persistent link: https://www.econbiz.de/10013068167
There is a common perception that low productivity or low growth is due to what can be called an innovation shortfall …, usually identified as a low rate of investment in research and development (RD) compared with some high-innovation countries …. The usual reaction to this perceived problem is to call for increases in RD investment rates, usually specifying a target …
Persistent link: https://www.econbiz.de/10013126271
below trend—and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10013126103
This paper analyzes total factor productivity growth in agriculture in Latin America and the Caribbean between 1961 and … results show that among developing regions, Latin America and the Caribbean shows the highest agricultural productivity growth … policies and external shocks on agricultural productivity; policies that do not discriminate against agricultural sectors and …
Persistent link: https://www.econbiz.de/10013068177
importance of total factor productivity and the accumulation of factors of production in the economic development performance of … advanced countries and peer countries in other regions. The paper finds that total factor productivity is the predominant … factor: low productivity and slow productivity growth, as opposed to impediments to factor accumulation, are the key to …
Persistent link: https://www.econbiz.de/10013126413
A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. Summing …
Persistent link: https://www.econbiz.de/10012958083