Showing 1 - 10 of 122
neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …
Persistent link: https://www.econbiz.de/10012462256
productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of … productivity using three proxies for capital services. We find that adjusting for cyclical movements in capital utilization alters … many of the empirical characteristics of productivity, both within and across countries …
Persistent link: https://www.econbiz.de/10012470243
west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of …
Persistent link: https://www.econbiz.de/10012471183
wages and productivity across establishments. The second is that the increased dispersion in wages and productivity across … productivity dispersion have increased substantially over the last few decades, and (4) a substantial fraction of the rising … dispersion in wages and productivity is accounted for by increasing wage and productivity differentials across high and low …
Persistent link: https://www.econbiz.de/10012471311
We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and … it ignores the additional capital formation made possible by an increase in productivity and therefore understates … productivity's true importance. Our estimates suggest that the understatement may be quite large, and that one might better ask if …
Persistent link: https://www.econbiz.de/10012471341
efficiency-based productivity growth rates to exceed observed productivity growth in the slowdown period of 1974 - 1995 …
Persistent link: https://www.econbiz.de/10012471934
model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …
Persistent link: https://www.econbiz.de/10012472274
inefficient firms to exit. As a result, low cost entry and exit may help improve aggregate productivity by allowing for the rapid … the Taiwanese Census of Manufactures for 1981, 1986, and 1991, we measure differences in total factor productivity among … entering, exiting, and continuing firms, and quantify the contribution of firm turnover to industry productivity improvements …
Persistent link: https://www.econbiz.de/10012472577
sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
Persistent link: https://www.econbiz.de/10012473353
productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity … and R&D capital contribute to productivity growth. However, the magnitudes of their contribution vary considerably across …
Persistent link: https://www.econbiz.de/10012474070