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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
Over the past decade, research explaining cross country income differences has increasingly pointed to the dominant role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief that a country's ability to absorb and implement...
Persistent link: https://www.econbiz.de/10009579408
Recent development and growth accounting studies have established that total factor productivity is an important source of cross-country differences in income levels and growth rates. This paper makes two contributions. First, it examines the sensitivity of the development accounting results to...
Persistent link: https://www.econbiz.de/10012777854
Many industrialized countries in Europe and North America have experienced a steady decline in the manufacturing sector over the last few decades. Amid growing concerns that outsourcing and offshoring have destabilized European economies, policymakers have suggested that a large manufacturing...
Persistent link: https://www.econbiz.de/10011989292
The paper addresses the relevancy of networking activities and R&D as main drivers of productivity performance and … performance. The complementarity with networking is a consequential step. Networking by itself cannot thus play a role in … networking are to be sustained and favoured. our evidence suggests that R&D may be a single main driver of performance. Since R …
Persistent link: https://www.econbiz.de/10014050846
This paper provides empirical evidence on the impact the EU Single Market Program has exerted on market power and total factor productivity in a large sample of Italian firms. By splitting the full sample on the basis of the ex-ante likelihood of being affected by the removal of non-tariff...
Persistent link: https://www.econbiz.de/10011608385
shares and the relation to their respective relative technological performance and to their or innovative performance are … investigated with productivity levels as a proxy for technological performance and productivity changes as proxy for innovative … performance. …
Persistent link: https://www.econbiz.de/10010263832
performance. The magnitude of the effect is large: a one percent increase in spending on technology increases exports by 30 …
Persistent link: https://www.econbiz.de/10003956230
Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly due to the importance of red tape and the level...
Persistent link: https://www.econbiz.de/10010375394