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Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...
Persistent link: https://www.econbiz.de/10010294574
Quantitative studies estimate that potential two way trade between India and Pakistan can be about 10 times than its rather unsatisfactory current level of $ 613 million. Moving towards realizing this trade potential is clearly in the interest of both countries and the region. In this context...
Persistent link: https://www.econbiz.de/10011807589
India has undertaken extensive reforms in its manufacturing sector in the last two decades. However, an acceleration of growth in manufacturing, and a concomitant increase in employment, has eluded India. What might be holding the sector back? Using Annual Survey of Industries data at the...
Persistent link: https://www.econbiz.de/10011807617
Productivity growth in Indian manufacturing is an important driver of overall growth, yet the issues related to its measurement have still not been resolved. The issue of how to compute an aggregate productivity measure holds significance for two reasons: one, the productivity of a firm should...
Persistent link: https://www.econbiz.de/10011807645
This safety-procurement tradeoff can be addressed by setting safety standards and then exempting selected activities and/or contractors. Or this tradeoff can be balanced by an informal or formal best-value point system that weighs, in each case, the relative value of contractor safety...
Persistent link: https://www.econbiz.de/10010369474
The present paper offers new knowledge of historical national accounting in Norway in several ways. Firstly, a new and novel set of annual gross domestic product series by industry are presented for the period 1830-1930. Secondly, the new estimates suggest revision of the historical national...
Persistent link: https://www.econbiz.de/10012143875
Persistent link: https://www.econbiz.de/10011564677
Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines …
Persistent link: https://www.econbiz.de/10011282467
destruction leading to the obsolescence of existing technologies. We quantify the innovation gains from collaborations, and show … economy. Our efficiency analysis further allows us to study the effect of competition on innovation in R&D intensive …
Persistent link: https://www.econbiz.de/10011282510
innovation output as measured by patent applications. We first estimate a long-run cointegration relation using recently … analyze the impulse response of new ideas to a shock to R&D or to a shock to innovation by estimating an error correction … mechanism. We find that internationally generated ideas have a very significant impact in helping innovation in a country. As a …
Persistent link: https://www.econbiz.de/10010263236