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The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as … been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in …
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This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … experienced contrasting advances in productivity, in particular as a result of unequal investment in information and communication … technology (ICT). The past 120 years have been characterized by: (i) rapid economic growth and large productivity gains in all …
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Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...
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