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In this paper I analyse the effect of Brexit on UK labour productivity and its components using a synthetic control … methodology. My results show that the Brexit vote had a negative impact on labour productivity, causing GDP per hour worked to … decrease by 2.4% by 2019 in comparison to the absence of Brexit. The two components of labour productivity are GDP and hours …
Persistent link: https://www.econbiz.de/10015219512
In this paper I analyse the effect of Brexit on UK labour productivity and its components using a synthetic control … methodology. My results show that the Brexit vote had a negative impact on labour productivity, causing GDP per hour worked to … decrease by 2.4% by 2019 in comparison to the absence of Brexit. The two components of labour productivity are GDP and hours …
Persistent link: https://www.econbiz.de/10015219513
Young people account for one fifth of the world’s population and according to the population projections of Planning Commission of India, they contribute to 22.8% of the Indian population. Majority of these young people constitute student population acquiring higher education who may...
Persistent link: https://www.econbiz.de/10015228371
In the U.S. and in other OECD countries, government debt levels as compared to GDP have soared since 2007. According to statistics from the Federal Reserve, the U.S. government debt level reached 62.86% of GDP by Q4 2007 and the debt level has increased to 127.52% by Q1 2021. Q4 2007 was, of...
Persistent link: https://www.econbiz.de/10015251334
This paper discusses Japanese motor vehicle manufacturing investment and state intervention measures in the Australian market. Australia’s auto industry is an extension of global motor vehicle manufacturers with a small number of domestic manufacturing firms that form a part of the global...
Persistent link: https://www.econbiz.de/10015212823
Savings, in a financial sense, can be defined as postponed consumption. This definition implies that a household has to have an income first, before contemplating whether to spend such income in the current or in a future period. In the U.S., the two largest accumulations of savings are in...
Persistent link: https://www.econbiz.de/10015212855
rigidity. The third essay analyses how different unionisation structures affect firm productivity and firm performance in a … among heterogeneous producers and increases average productivity and profit levels, firm-level bargaining allows less … productive entrants to remain in the market. The positive effect of centralised bargaining on average productivity can, however …
Persistent link: https://www.econbiz.de/10009467258
Rationale The last year has seen growing demand for healthcare services, but the causes of this increase, and how persistent it will be, are as yet uncertain. Should these dynamics prove to be long-lasting and associated with a prolonged deterioration in the general health of the Spanish...
Persistent link: https://www.econbiz.de/10014283509
After more than 20 years of European Monetary Union (EMU), surprisingly few scientific studies exist which study the growth effects of introducing a common currency in large parts of the European Union. I do so using a large panel (NUTS3 data) of regional data for the EU-15. Some 800 (treated)...
Persistent link: https://www.econbiz.de/10015213349
This paper investigates the global economic consequence of the Russia-Ukraine war over a four-month period from December 2021 to March 2022. Russia invaded Ukraine on the 24th of February 2022. The study used the Pearson correlation and two-stage least square regression methods to assess the...
Persistent link: https://www.econbiz.de/10015213391