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This staff working paper (by Paula Barnes) examines multifactor productivity growth cycles at the industry level in … cycles chosen to examine industry MFP growth can have a considerable effect on the interpretation of industry productivity … performance over time. Growth in productivity is a key determinant of long-term economic growth and hence income growth. As …
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decades its productivity growth has stagnated. As a result, the productivity gap of Trentino widened by over 20% compared to … regions with the same productivity level in 2000. The benchmarking of productivity drivers in Trentino with those of “peer …” regions points to several policy priorities, including: reviving productivity in tradeable sectors, also through increased …
Persistent link: https://www.econbiz.de/10014568099
optimize the labor productivity of nations. Statistical evidence, based on OECD data, reveals that high rates of R&D intensity … and tax on corporate profits do not maximize the labor productivity of nations. In particular, the models here suggest … productivity of nations. Beyond these optimal thresholds, the labor productivity begins to decrease. These results can be explained …
Persistent link: https://www.econbiz.de/10012957910
technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over … considerably to macroeconomic energy-productivity growth while in other countries they partly offset energy-efficiency improvements …. In contrast, structural changes only play a minor role in explaining macroeconomic labour-productivity developments. We …
Persistent link: https://www.econbiz.de/10011334856
This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence … catch up with technological leaders, in particular in terms of energy productivity. Moreover, the results show that …
Persistent link: https://www.econbiz.de/10011334860
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10013119734
productivity growth ; technology indicator ; technology shifter ; OECD countries …
Persistent link: https://www.econbiz.de/10009425734
on the channels through which tighter environmental regulation affects productivity and innovation. Our findings suggest … particular, market based environmental stringency measures seem to be the most suitable to stimulate innovation and productivity … targets, especially through the channels of innovation and productivity enhancement …
Persistent link: https://www.econbiz.de/10013002877