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Using U.S. input-output data for the period 1958 to 1987, I find strong evidence that industry TFP growth is significantly related to the TFP performance of sypplying sectors, with an elasticity of almost 60 percent.
Persistent link: https://www.econbiz.de/10005826855
Whereas difficulties in measuring the output of service sectors have been well documented, input measures are reasonably accurate. Using U.S. input-output data for the period 1958-87 and a number of indices of skill and occupational change derived from the Dictionary of Occupational Titles and...
Persistent link: https://www.econbiz.de/10005605573
In this paper we (1) estimate the effects of international R&D spillovers on total factor productivity growth of the seven largest industrialized countries (G-7); (2) analyze the effect of spillovers on the structure of production , i.e. the effects on factor dema d such as labor and investment...
Persistent link: https://www.econbiz.de/10005826835
We model research as a signal on an unknown parameter of a technology.
Persistent link: https://www.econbiz.de/10005605590
In this paper we review a number of analytical mothods and issues related to identifying and estimating the source of productivy growth.
Persistent link: https://www.econbiz.de/10005264443