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Most empirical investigations of the effects of cognitive skills assume that they are produced by schooling. Drawing on … control for endogeneity; and (4) point to limitations in using adult school attainment alone to represent human capital. …
Persistent link: https://www.econbiz.de/10010254285
In this study we investigate the performance of Brazilian industry based on productivity and efficiency indicators. We associate productivity with the concept of total factor productivity (TFP) while efficiency is measured based on the stochastic frontier production model that indicates how far...
Persistent link: https://www.econbiz.de/10013256937
Persistent link: https://www.econbiz.de/10000997500
The Brazilian economy was characterized in the 1990s by marked changes from previous decades, many of which induced by economic policy: trade and financial liberalization, privatization, other State reform measures and the beginnings of economic stabilization with the implementation of the Real...
Persistent link: https://www.econbiz.de/10014106041
others. This manipulation holds constant wages and piece rates, as well as human and physical capital. On cash-rich days …
Persistent link: https://www.econbiz.de/10013250320
respect to ICT capital deepening, explores the nature of long-run causality among productivity growth and ICT and non …-ICT capital deepening. The estimates of long-run elasticities are derived by employing both time-series and panel data econometric … techniques. The empirical results provide strong confirmatory evidence of the long-run impact of ICT capital deepening on labour …
Persistent link: https://www.econbiz.de/10013023724
This paper investigates firm-level dynamics of labour productivity in China's manufacturing sector over the 1998-2007. Underlying the aggregate evidence of dramatic growth of labour productivity, one observes a large, even if shrinking, intra-sectoral heterogeneity. A major process of both...
Persistent link: https://www.econbiz.de/10009721461
This paper examines the aggregate implications of size-dependent distortions. These regulations misallocate labor across firms and hence reduce aggregate productivity. It then considers a case-study of labor laws in France where firms that have 50 employees or more face substantially more...
Persistent link: https://www.econbiz.de/10011585845
preferences but in addition on the technological possibilities to enhance human capital due to productive consumption, (d) a …
Persistent link: https://www.econbiz.de/10011615526
exports improve productivity, but imports hurt it. Regarding domestic variables, we find that human capital is the most …
Persistent link: https://www.econbiz.de/10013155963