Multifactor Productivity Trends

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Multifactor Productivity Trends by :

Download or read book Multifactor Productivity Trends written by and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

New Developments in Productivity Analysis

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Publisher : University of Chicago Press
ISBN 13 : 0226360644
Total Pages : 648 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Full Industry Equilibrium

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Publisher : Cambridge University Press
ISBN 13 : 1107097797
Total Pages : 233 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Full Industry Equilibrium by : Arrigo Opocher

Download or read book Full Industry Equilibrium written by Arrigo Opocher and published by Cambridge University Press. This book was released on 2015-05-28 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original book develops a systematic zero-net-profit comparative statics theory to shed new light on the microeconomics of industry equilibrium.

Global Productivity

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Publisher : World Bank Publications
ISBN 13 : 1464816093
Total Pages : 552 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Productivity by : Alistair Dieppe

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

U.S. Total Factor Productivity Slowdown

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Publisher : International Monetary Fund
ISBN 13 : 1513520830
Total Pages : 24 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis U.S. Total Factor Productivity Slowdown by : Mr.Roberto Cardarelli

Download or read book U.S. Total Factor Productivity Slowdown written by Mr.Roberto Cardarelli and published by International Monetary Fund. This book was released on 2015-05-28 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Total factor productivity (TFP) growth began slowing in the United States in the mid-2000s, before the Great Recession. To many, the main culprit is the fading positive impact of the information technology (IT) revolution that took place in the 1990s. But our estimates of TFP growth across the U.S. states reveal that the slowdown in TFP was quite widespread and not particularly stronger in IT-producing states or in those with a relatively more intensive usage of IT. An alternative explanation offered in this paper is that the slowdown in U.S. TFP growth reflects a loss of efficiency or market dynamism over the last two decades. Indeed, there are large differences in production efficiency across U.S. states, with the states having better educational attainment and greater investment in R&D being closer to the production “frontier.”

Estimating Total Factor Productivity Growth in a Developing Country

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Estimating Total Factor Productivity Growth in a Developing Country by : Anne O. Krueger

Download or read book Estimating Total Factor Productivity Growth in a Developing Country written by Anne O. Krueger and published by . This book was released on 1980 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Long-Term Factors in American Economic Growth

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Publisher : University of Chicago Press
ISBN 13 : 9780226209289
Total Pages : 900 pages
Book Rating : 4.2/5 (92 download)

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Book Synopsis Long-Term Factors in American Economic Growth by : Stanley L. Engerman

Download or read book Long-Term Factors in American Economic Growth written by Stanley L. Engerman and published by University of Chicago Press. This book was released on 1986-12-01 with total page 900 pages. Available in PDF, EPUB and Kindle. Book excerpt: These classic studies of the history of economic change in 19th- and 20th-century United States, Canada, and British West Indies examine national product; capital stock and wealth; and fertility, health, and mortality. "A 'must have' in the library of the serious economic historian."—Samuel Bostaph, Southern Economic Journal

The Impact of Research and Development on Productivity Growth

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis The Impact of Research and Development on Productivity Growth by :

Download or read book The Impact of Research and Development on Productivity Growth written by and published by . This book was released on 1989 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Productivity Measurement and Analysis

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Publisher : OECD Publishing
ISBN 13 : 9264044612
Total Pages : 556 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Productivity Measurement and Analysis by : OECD

Download or read book Productivity Measurement and Analysis written by OECD and published by OECD Publishing. This book was released on 2009-04-28 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.

Multifactor Productivity Measures

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Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Multifactor Productivity Measures by :

Download or read book Multifactor Productivity Measures written by and published by . This book was released on 1983 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Productivity Revisited

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Publisher : World Bank Publications
ISBN 13 : 1464813620
Total Pages : 352 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Productivity Revisited by : Ana Paula Cusolito

Download or read book Productivity Revisited written by Ana Paula Cusolito and published by World Bank Publications. This book was released on 2018-12-21 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity has again moved to center stage in two critical academic and policy debates: the slowing of global growth amid spectacular technological advances, and developing countries’ frustratingly slow progress in catching up to the technological frontier. Productivity Revisited brings together the new conceptual advances of 'second-wave' productivity analysis that have revolutionized the study of productivity, calling much previous analysis into question while providing a new set of tools for approaching these debates. The book extends this analysis and, using unique data sets from multiple developing countries, grounds it in the developing-country context. It calls for rebalancing away from an exclusive focus on misallocation toward a greater focus on upgrading firms and facilitating the emergence of productive new establishments. Such an approach requires a supportive environment and various types of human capital--managerial, technical, and actuarial--necessary to cultivate new transformational firms. The book is the second volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.

Trends in Multifactor Productivity, 1948-81

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Trends in Multifactor Productivity, 1948-81 by :

Download or read book Trends in Multifactor Productivity, 1948-81 written by and published by . This book was released on 1983 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Shifting Patterns of Agricultural Production and Productivity Worldwide

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Publisher :
ISBN 13 : 9780962412189
Total Pages : 482 pages
Book Rating : 4.4/5 (121 download)

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Book Synopsis The Shifting Patterns of Agricultural Production and Productivity Worldwide by : Julian M. Alston

Download or read book The Shifting Patterns of Agricultural Production and Productivity Worldwide written by Julian M. Alston and published by . This book was released on 2010 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book we assemble a range of evidence from a range of sources with a view to developing an improved understanding of recent trends in agricultural productivity around the world. The fundamental purpose is to better understand the nature of the long-term growth in the supply of food and its principal determinants. We pursue this purpose from two perspectives. One is from a general interest in the world food situation in the long run. The other is from an interest in the implications of U.S. and global productivity patterns for U.S. agriculture.

Productivity Growth in Agriculture

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Publisher : CABI
ISBN 13 : 1845939212
Total Pages : 390 pages
Book Rating : 4.8/5 (459 download)

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Book Synopsis Productivity Growth in Agriculture by : Keith Owen Fuglie

Download or read book Productivity Growth in Agriculture written by Keith Owen Fuglie and published by CABI. This book was released on 2012 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is written primarily for agricultural economists doing research on productivity. It includes discussions of the theoretical underpinnings of productivity measurement as well as the many practical considerations that go into translating this theory into actual measures of aggregated outputs and inputs. The unifying concept of agricultural productivity used across the chapters of this volume is aggregate total factor productivity (TFP) of the sector. The volume also contains detailed analysis of the underlying causes of agricultural productivity growth. Part I (chapters 2-6) examines agricultural productivity in high-income and transition countries. Part II (chapters 7-11) examines agricultural productivity growth and its driving forces in five important agricultural producers in Asia and Latin America. Part III (chapters 12-14) focuses on measuring and identifying constraints to agricultural productivity growth in sub-Saharan Africa. Part IV (chapters 15-16) gives a global perspective on agricultural productivity.

Inflation Crises and Long-run Growth

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Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Inflation Crises and Long-run Growth by : Michael Bruno

Download or read book Inflation Crises and Long-run Growth written by Michael Bruno and published by . This book was released on 1995 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent literature suggests that long-run averages of growth and inflation are only weakly correlated and such correlation is not robust to exclusion of extreme inflation observations; inclusion of time series panel data has improved matters, but an aggregate parametric approach remains inconclusive. We propose a nonparametric definition of high inflation crises as periods when inflation is above 40 percent annually. Excluding countries with high inflation crises, we find no evidence of any consistent relationship between growth and inflation at any frequency. However, we find that growth falls sharply during discrete high inflation crises, then recovers surprisingly strongly after inflation falls. The fall in growth during crisis and recovery of growth after crisis tend to average out to close to zero (even slightly above zero), hence the lack of a robust cross-section correlation. Our findings could be consistent either with trend stationarity of output, in which inflation crises are purely cyclical phenomena, or with models in which crises have a favorable long-run purgative effect. Our findings do not support the view that reduction of high inflation carries heavy short-to-medium run output costs.

Firm Productivity in Bangladesh Manufacturing Industries

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4./5 ( download)

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Book Synopsis Firm Productivity in Bangladesh Manufacturing Industries by : Ana Margarida Fernandes

Download or read book Firm Productivity in Bangladesh Manufacturing Industries written by Ana Margarida Fernandes and published by World Bank Publications. This book was released on 2006 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The author studies the determinants of total factor productivity (TFP) for manufacturing firms in Bangladesh using data from a recent survey. She obtains TFP measures by making use of firm-specific deflators for output and inputs. Controlling for industry, location, and year fixed effects, she finds that: (1) firm size and TFP are negatively correlated; (2) firm age and TFP exhibit an inverse-U shaped relationship; (3) TFP improves with the quality of the firm's human capital; (4) global integration improves TFP; (5) firms with research and development activities and quality certifications have higher TFP, while more advanced technologies improve TFP only in the presence of significant absorptive capacity; (6) power supply problems cost firms heavily in terms of TFP losses; and (7) the presence of crime dampens TFP. "--World Bank web site.

Quantifying the Impact of Financial Development on Economic Development

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Publisher : DIANE Publishing
ISBN 13 : 1437933971
Total Pages : 46 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Quantifying the Impact of Financial Development on Economic Development by : Jeremy Greenwood

Download or read book Quantifying the Impact of Financial Development on Economic Development written by Jeremy Greenwood and published by DIANE Publishing. This book was released on 2010-10 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: How important is financial development for economic development? A costly state verification model of financial intermediation is presented to address this question. The model is calibrated to match facts about the U.S. economy, such as intermediation spreads and the firm-size distribution for the years 1974 and 2004. It is then used to study the international data, using cross-country interest-rate spreads and per-capita GDP. The analysis suggests that a country like Uganda could increase its output by 140 to 180 percent if it could adopt the world's best practice in the financial sector. Still, this amounts to only 34 to 40 percent of the gap between Uganda's potential and actual output. Charts and tables.