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must give priority to both nominal and real convergence in order to eventually succeed to adopt the single currency …
Persistent link: https://www.econbiz.de/10010747982
In order to examine innovation diffusion and convergence processes, we study productivity trends, trend breaks and … levels for 13 advanced countries over 1890-2012. We highlight two productivity waves, a big one following the second … could be implemented, emphasizing a long diffusion process. The productivity leader changed during the period under study …
Persistent link: https://www.econbiz.de/10010815951
This paper brings together the latest data and OECD productivity indicators in different areas with the aim of … reviewing the main productivity trends over the past decade, comparing the United States, Europe and to some extent Japan …. Concerning economy wide indicators of productivity, the slowdown appears to be due to a significant slowdown in investment in …
Persistent link: https://www.econbiz.de/10010708744
This essay employs nonparametric and spatial techniques commonly used in the Spatial Economics literature to study the … labor productivity of the central region of Mexico at the municipio (county) level. In particular, we measure the spatial … autocorrelation of the labor productivity and use a spatial approach to study the intra-distributional changes of the productivity …
Persistent link: https://www.econbiz.de/10010992174
, explains Japan’s annual growth rates from 1969 to 2007 as conditional convergence to a steady-state rate of 1%/year. Each …
Persistent link: https://www.econbiz.de/10011123740
current state of provincial differences in twenty-five economic variables related to income, productivity, the labour market …, well-being and fiscal capacity, and to analyze trends toward or away from convergence for these economic variables. This …
Persistent link: https://www.econbiz.de/10011165240
experienced in aggregate productivity are due, almost entirely, to the sectors productivity growth effect; c) there is a beta-convergence …) the accounting decomposition of the aggregate productivity convergence process reveals the sectoral productivity growth …The aim of this paper is to analyse productivity at regional level in the EU between 1990 and 2011. By making use of …
Persistent link: https://www.econbiz.de/10011096887
wage convergence, defined this way, has no theoretical underpinnings. According to the experience of less developed EU … members that joined the union in the 1970s and 1980s, the so called cohesion countries, even after accession, wage convergence … competitiveness of Hungarian products. The article draws up possible convergence scenarios for the Hungarian wages. It turns out that …
Persistent link: https://www.econbiz.de/10011110057
The present work decomposes labour productivity growth in ICT (Information and Communication Technologies) sector in a … & Timmer, 2005) is the theoretical framework used. Decomposition of productivity growth is carried out from a non … convergence analysis, which allows comparing growth paces in countries under study. …
Persistent link: https://www.econbiz.de/10010627619
experience of the emerging countries of Asia and Latin America. Productivity improvement was immediate in the US, but Europe … hoarded labour and productivity improvements were in general delayed. Southern European countries have hardly adjusted so far …
Persistent link: https://www.econbiz.de/10010551504