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productivity (TFP) growth. Our method accounts for profits and adjustment costs, and uses firm surveys to proxy for changes in … crisis. In the United States, our method indicates higher TFP growth overall and a more gradual productivity slowdown. …
Persistent link: https://www.econbiz.de/10012794766
The main aim of this paper is to analyse sectoral contributions to dynamics productivity and output development in … labour productivity and capital productivity. The analysis has showed, that dynamics changes in growth rate of productivity … has clear link to business cycle. Dynamic changes of growth rate labour and capital productivity in the context of …
Persistent link: https://www.econbiz.de/10011315945
The main aim of this paper is to compare development of sectoral productivity in context of economic output. Period … under consideration is last 15 years. The theoretic basis is theory real business cycle and the neo-classical growth model …. The productivity was measured by labour productivity, capital productivity and total factor productivity (TFP) in sectors …
Persistent link: https://www.econbiz.de/10011316124
Cointegration techniques are applied to a model of induced innovation based on the two-stage Constant Elasticity of Substitution (CES) production function. This approach results in direct tests of the inducement hypothesis, which are applied to agricultural data for the United Kingdom from 1953...
Persistent link: https://www.econbiz.de/10009480501
accounting and, subsequently to the estimation of the parameters of this function. The growth accounting results show that the … contribution of total factor productivity (TFP) to growth in GDP averaged about 32 percent over the period, and this contribution …
Persistent link: https://www.econbiz.de/10009444529
next best deposits. This tendency to exploit poorer quality ores tends to push productivity down and the prices of mineral … wide range of cost-reducing innovations. These efforts, in turn, helped double labor productivity in copper mining during … their labor productivity and standard of living. In particular, it highlights the stimulating influence of global …
Persistent link: https://www.econbiz.de/10009445507
Large estimates of the benefits of microeconomic reform have been put forward in official studies. By contrast, Quiggin (1997) concludes that benefits of microeconomic reforms have been modest. A key area of disagreement relates to the claim that increased competition leads to increases in...
Persistent link: https://www.econbiz.de/10009447973
between infrastructure and private productivity. The second subject is the determinants of regional infrastructure investment … infrastructure to private production; the essays three to five study besides the productivity effects also the determinants of …
Persistent link: https://www.econbiz.de/10009467016
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