Showing 1 - 10 of 187
We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older … technology, called vertically integrated production, and this reallocation of output was responsible for a third of the increase …
Persistent link: https://www.econbiz.de/10011083447
This Paper first documents the comparative productivity performance of the United States and Britain since 1870 … management, as a key factor. A model of the interaction between technology, organization and economic performance is then … must be analysed if the major changes in comparative productivity performance among nations are to be understood fully; (2 …
Persistent link: https://www.econbiz.de/10005124451
Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995 …-2000. This ebullient productivity performance raises numerous questions about its interpretation and its implications for the … justified on the basis of data through the end of 1999 in their claim that part of the post-1995 productivity growth revival …
Persistent link: https://www.econbiz.de/10005123790
The U.K. skill premium fell from the 1950s to the late 1970s and then rose very sharply. This paper examines the contributions to these relative wage movements of international trade and technical change. We first measure trade as changes in product prices and technical change as TFP growth....
Persistent link: https://www.econbiz.de/10005789090
This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign … establishments with minority and majority ownership differ in terms of productivity levels? Second, does the degree of spillover … comparable high levels of labour productivity and that domestic establishments benefit from spillovers. The degree of foreign …
Persistent link: https://www.econbiz.de/10005791580
-intensive technology because a lowering of variable costs requires additional use of skilled labour. This way, we establish a link between … trade, technology and relative returns to skilled and unskilled labour. Moreover, we show that as market integration …
Persistent link: https://www.econbiz.de/10005791636
We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we...
Persistent link: https://www.econbiz.de/10005791747
To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...
Persistent link: https://www.econbiz.de/10005791875
This paper builds on earlier evidence showing that, while most countries exhibit little evidence of unconditional income convergence, countries that trade heavily with one another tend to exhibit a much higher incidence of convergence. Two alternative explanations for the trade-related...
Persistent link: https://www.econbiz.de/10005791990
of knowledge and technology in economic growth. …
Persistent link: https://www.econbiz.de/10005792232