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overall productivity growth accounting for changes in emissions of COD to water is higher than the growth in the productivity … measure including conventional inputs only. We find the opposite result when including emissions of acids and climate gases to … air. This is probably due to environmental regulations with opposing effects on different emissions. A decomposition of …
Persistent link: https://www.econbiz.de/10011968127
Productivity measures ignoring environmental effects may give misleading information on total productivity growth. Further, business cycles in the form of capacity utilization may also significantly influence productivity measures. In this paper, we develop an overall Malmquist productivity...
Persistent link: https://www.econbiz.de/10011968243
Productivity measures ignoring environmental effects may give misleading information on total productivity growth. Further, business cycles in the form of capacity utilization may also significantly influence productivity measures. In this paper, we develop an overall Malmquist productivity...
Persistent link: https://www.econbiz.de/10004980620
accordance with the best practice technology by reducing emissions only. Both interpretations reveal substantial potential for …
Persistent link: https://www.econbiz.de/10004980881
accordance with the best practice technology by reducing emissions only. Both interpretations reveal substantial potential for …
Persistent link: https://www.econbiz.de/10011968181
The year 2017 marks the 50th anniversary of William J. Baumol’s seminal model of "unbalanced growth", which predicts the so-called "Growth Disease", i.e., the tendency of aggregate productivity growth to slow down in the process of tertiarisation. In an important contribution published in...
Persistent link: https://www.econbiz.de/10011776981
Theory predicts that trade liberalization should raise average total factor productivity (TFP) among manufacturing firms. However, this is a generic prediction and depends on maintained assumptions about industries, factor markets, and trade patterns that may not fit well for developing...
Persistent link: https://www.econbiz.de/10014158855
In this work we characterise French firms using artificial intelligence (AI) and explore the link between AI use and productivity. We relevantly distinguish AI users that source AI from external providers (AI buyers) from those developing their own AI systems (AI developers). AI buyers tend to...
Persistent link: https://www.econbiz.de/10014393141
Artificial Intelligence (AI) is often regarded as the next general-purpose technology with a rapid, penetrating, and far-reaching use over a broad number of industrial sectors. A main feature of new general-purpose technology is to enable new ways of production that may increase productivity. So...
Persistent link: https://www.econbiz.de/10012819685
Recent contributions to the growth literature have argued that the structure of an economy, as measured by its productive capabilities, is a key determinant for inter-country differences in development. Productive capabilities have been shown to be highly predictive of future economic growth,...
Persistent link: https://www.econbiz.de/10010230700