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Why did European productivity growth slow down while American growth accelerated since the 1990s? In this article we … Economic Growth in Europe. We argue that Europe’s falling behind is the combined result of a severe productivity slowdown in …
Persistent link: https://www.econbiz.de/10010833346
productivity that is difficult to interpret. In this article, we explore some possible explanations for recent economic growth and … labour productivity outcomes, with a focus on developments in the composition of growth. We also examine whether recent … productivity outcomes hold any implications for the Australian economy's potential growth rate. We find that recent weak growth in …
Persistent link: https://www.econbiz.de/10010784704
countries and manufacturing industries over the period 2006-2012. In summary, patterns of measured revenue productivity have …-stressed countries (Belgium, Finland, France and Germany). In particular, measured revenue productivity drops for both groups by about 6 … productivity was accompanied by a substantial dip in the proxy we use for TFP in quantity terms, as well as by a strong reduction …
Persistent link: https://www.econbiz.de/10011606059
-down approach of Diewert and Yu (2012). Inputs and outputs are measured and used to estimate the quarterly total factor productivity …
Persistent link: https://www.econbiz.de/10011396680
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431
total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …
Persistent link: https://www.econbiz.de/10010541274
This paper relates firm level input changes and productivity to aggregate growth of the Hungarian economy for the … the role of firm productivity in growth was not stable over time. It played important role in early transition and in the …
Persistent link: https://www.econbiz.de/10009399620
Dirk Pilat and Paul Schreyer of the OECD discuss the new OECD Productivity Database. The database covers 26 OECD … countries for labour productivity estimates, as well as 14 countries for multifactor productivity estimates. While the database … represents the most comparable productivity estimates that are currently available for cross-OECD comparisons, the authors also …
Persistent link: https://www.econbiz.de/10005292742
This paper determines the relative importance of technical efficiency and reallocation for aggregate productivity … of productivity differences across firms. More precisely, we have information on human capital such as the level of … productivity growth by applying the decomposition introduced by Petrin and Levinsohn (2012). The outcome of this exercise will not …
Persistent link: https://www.econbiz.de/10011272796
profitability and productivity that can outweigh the costs of the policy. This paper reviews the empirical evidence on the link … between environmental policy stringency and productivity growth, and the various channels through which such effects can take …
Persistent link: https://www.econbiz.de/10011276877