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GDP, employ the framework in calculations for twenty OECD countries, and derive the rates of productivity growth required … productivity. …
Persistent link: https://www.econbiz.de/10011688109
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
Persistent link: https://www.econbiz.de/10014165523
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Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
Persistent link: https://www.econbiz.de/10009619095
time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …
Persistent link: https://www.econbiz.de/10012604751
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Persistent link: https://www.econbiz.de/10012649589
This paper considers how increasing longevity and declining birth rates affect market entry and endogenous productivity … generates productivity growth, and with imperfect knowledge diffusion the country with the larger labor force has a greater … share of firms with higher productivity levels. In this framework, population aging reduces a country’s labor supply, share …
Persistent link: https://www.econbiz.de/10012404477
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on the savings rate, capital accumulation, productivity and the labour supply. These effects must be taken into account …
Persistent link: https://www.econbiz.de/10012207196