Productivity growth in British manufacturing: spatial variation in the role of scale economies, technological growth and industrial structure

2001 ◽  
Vol 33 (6) ◽  
pp. 811-821 ◽  
Author(s):  
Daniel J. Graham
2013 ◽  
Vol 18 (6) ◽  
pp. 1234-1270 ◽  
Author(s):  
Tatsuma Wada

We study a two-country model with changes in the technological growth rate. Such changes are attributed to transitory and persistent shocks in the growth rate of technology. Cases are considered in which agents in two countries do not have enough information to distinguish between the two types of shocks; gradually, however, the persistence of the shock is recognized through the learning process. Utilizing a set of parameters obtained from U.S. and European productivity growth rates, it is then shown that (i) when persistent shocks affect the two countries identically, there is no consumption-correlation puzzle, and the international comovement puzzle becomes imperceptible; and (ii) even when persistent shocks affect the two countries differently, imperfect information plays an important role in explaining both the consumption-correlation puzzle and the international comovement puzzle (provided transitory shocks are strongly internationally correlated and are relatively larger than persistent shocks).


2020 ◽  
pp. 6-12
Author(s):  
S. V. Savina

Today, a difficult situation has developed in the field of wages and incomes of the population, associated with the need to increase the level of wages and real incomes of the population, since low effective demand in the domestic market can become the main constraint on economic growth in the near future. The main goal of wage reform in modern conditions is to restore the role of wages as the main incentive for productivity growth and labor efficiency, which will have a positive impact on the functioning of production and will give an impetus to its further development.


2017 ◽  
Vol 24 (4) ◽  
pp. 590-616 ◽  
Author(s):  
Shaomin Li ◽  
Seung Ho Park ◽  
David Duden Selover

Purpose The purpose of this paper is to develop the theoretical linkage between culture and economic growth and empirically test the relationship by measuring culture and how it affects labor productivity. Design/methodology/approach This study uses a cross-section study of developing countries and regresses economic productivity growth on a set of control variables and cultural factors. Findings It is found that three cultural factors, economic attitudes, political attitudes, and attitudes towards the family, affect economic productivity growth. Originality/value Many economists ignore culture as a factor in economic growth, either because they discount the value of culture or because they have no simple way to quantify culture, resulting in the role of culture being under-researched. The study is the first to extensively examine the role of culture in productivity growth using large-scale data sources. The authors show that culture plays an important role in productivity gains across countries, contributing to the study of the effects of culture on economic development, and that culture can be empirically measured and linked to an activity that directly affects the economic growth – labor productivity.


2013 ◽  
Vol 7 (2) ◽  
pp. 341 ◽  
Author(s):  
Ricardo J. Soares Magalhães ◽  
Antonio Langa ◽  
João Mário Pedro ◽  
José Carlos Sousa-Figueiredo ◽  
Archie C.A. Clements ◽  
...  

2019 ◽  
Vol 7 (4) ◽  
pp. 1-8
Author(s):  
Fang Zheng ◽  
Youngho Chang

This study emphasizes a role of human capital in the measurement of productivity growth and highlights the importance of sample selections in analyzing productivity change of ASEAN countries, especially from 2000 to 2010. The productivity growth in ASEAN countries appears to deteriorate, mainly due to efficiency losses in the first half of the decade and the lack of technological improvement in the second half of the decade.


2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.


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