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productivity growth. The two major methods used in measuring productivity growth -- index number and econometric estimation …, infrastructure capital, allocative distortions, nature of the market structure and technological advancement on productivity growth … estimate the contribution of different inputs to productivity growth are described and the evaluation of the production process …
Persistent link: https://www.econbiz.de/10013230977
factor productivity growth in countries where the capital-labour ratio has risen rapidly, e.g. the East Asian NICS, will … understate true productivity growth if the elasticity of substitution is less than one and there is labour augmenting technical … change. This note shows that this argument increases a Paasche measure of productivity, at the expense of lowering a …
Persistent link: https://www.econbiz.de/10013212578
Explanations of procyclical productivity play a key role in a variety of business-cycle models. Most of these models … aggregate productivity changes into several terms, each of which has an economic interpretation. However, many of these terms …
Persistent link: https://www.econbiz.de/10013212585
Since 1995, growth in productivity in the United States appears to have accelerated dramatically. In this paper, we … cause conventionally measured growth in real output and productivity to be overstated. Building on the GDP function approach … year, or about 20%, of the 1995-2006 apparent increase in productivity growth for the U.S. economy. Bias in the price …
Persistent link: https://www.econbiz.de/10013149702
productivity slowdown that go beyond measurement errors. First, some industries (e.g. electric utilities and airlines) reached a …Not only has U.S. productivity been poor by international standards but it is highly heterogeneous at the disaggregated … services, apparel retailing has done well while food retailing has done badly; railroad productivity has accelerated while …
Persistent link: https://www.econbiz.de/10013249225
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10013222892
decomposition of total factor productivity growth …
Persistent link: https://www.econbiz.de/10013223350
prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …
Persistent link: https://www.econbiz.de/10013225845
efficiency-based productivity growth rates to exceed observed productivity growth in the slowdown period of 1974 - 1995 …
Persistent link: https://www.econbiz.de/10013232898
regulation, rather than changes in productivity and trade, account for most of the emissions reductions …
Persistent link: https://www.econbiz.de/10013029557