scholarly journals The transatlantic productivity gap: Is R&D the main culprit?

2014 ◽  
Vol 47 (4) ◽  
pp. 1342-1371 ◽  
Author(s):  
Raquel Ortega‐Argilés ◽  
Mariacristina Piva ◽  
Marco Vivarelli

2011 ◽  
Author(s):  
Raquel Ortega-Argilés ◽  
Mariacristina Piva ◽  
Marco Vivarelli


2016 ◽  
pp. 67-93 ◽  
Author(s):  
A. Zaytsev

Using level accounting methodology this article examines sources of per capita GDP and labor productivity differences between Russia and developed and developing countries. It considers the role played by the following determinants in per capita GDP gap: per hour labor productivity, number of hours worked per worker and labor-population ratio. It is shown that labor productivity difference is the main reason of Russia’s lagging behind. Factors of Russia’s low labor productivity are then estimated. It is found that 33-39% of 2.5-5-times labor productivity gap (estimated for non-oil sector) between Russia and developed countries (US, Canada, Germany, Norway) is explained by lower capital-to-labor ratio and the latter 58-65% of the gap is due to lower technological level (multifactor productivity). Human capital level in Russia is almost the same as in developed countries, so it explains only 2-4% of labor productivity gap.



This article presents the case of Chatterley and Clifford, the two main characters in Lady Chatterley’s Lover, to consider tenderness a basic working emotion to shape human relationships. The lack of tenderness causes emotional as well as physical distance in relation, especially that of male-female’s relation. The first part of the article reviews tenderness. The second part reviews how tenderness and lack of tenderness affect a male-female relationship in the selected novel, Lady Chatterley’s Lover. On the basis of a careful analysis of Lady Chatterley’s Lover, the present writer tries to prove that the lack of tenderness is the main culprit for the broken relationship between husband and wife: a major one of the relations between man and woman in human society and mutual tenderness elicits people awakening to a new way of living in an exterior world that is uncracking after the long winter hibernation. Lawrence, through a revelation of Connie’s gradual awakening from tenderness, has made his utmost effort to explore possible solutions to harmonious androgyny between men and women so as to revitalize the distorted human nature caused by the industrial civilization. Key words: relationship, husband and wife, tenderness, main culprit, Connie







2016 ◽  
Author(s):  
Eduardo Fernnndez-Arias ◽  
Sergio Rodrrguez-Apolinar


Author(s):  
Michele Loporcaro

The book addresses grammatical gender in Romance, and its development from Latin. It works with the toolbox of current linguistic typology, and asks the fundamental question of how the Latin grammatical gender system gradually changed into those of the Romance languages. To answer this question, the book capitalizes on the pervasive dialect variation of which the better-known standard Romance languages only represent a fragment. Indeed, inspection of dialect variation across time and space forces one to dismiss the handbook account proclaiming that the neuter gender, contrasting with masculine and feminine in Latin, was eradicated from spoken Latin by late Empire times. Both Late Latin evidence and data from several modern dialects show that this never happened, and that the vulgate account proceeds from unwarranted back-projection of the data from modern languages like French and Italian. Rather, the neuter underwent transformations which are the main culprit for the differences in the gender system observed today between, say, Romanian, Sursilvan, Neapolitan, and Asturian, to cite just a few types of system which turn out to differ significantly. A precondition for establishing the database for diachronic investigation is a detailed description of many such systems, which reveals data whose interest transcends the diachronic issue under consideration: the book thus addresses systems where ‘husbands’ are feminine and others where ‘wives’ are masculine; discusses dialects where nouns overtly mark gender, but only in certain syntactic contexts; and proposes an analysis according to which one Romance language (Asturian) has split inherited grammatical gender into two concurrent systems.



2008 ◽  
Vol 98 (5) ◽  
pp. 1943-1977 ◽  
Author(s):  
Ricardo J Caballero ◽  
Takeo Hoshi ◽  
Anil K Kashyap

Large Japanese banks often engaged in sham loan restructurings that kept credit flowing to otherwise insolvent borrowers (which we call zombies). We examine the implications of suppressing the normal competitive process whereby the zombies would shed workers and lose market share. The congestion created by the zombies reduces the profits for healthy firms, which discourages their entry and investment. We confirm that zombie-dominated industries exhibit more depressed job creation and destruction, and lower productivity. We present firm-level regressions showing that the increase in zombies depressed the investment and employment growth of non-zombies and widened the productivity gap between zombies and non-zombies. (JEL G21, G32, L25)



2017 ◽  
Vol 52 (3) ◽  
pp. 171-184 ◽  
Author(s):  
Masoud Moghaddam ◽  
Jie Duan

The US trade deficit with China has existed for a long time, and its dollar value has been on the rise recently. It is widely believed that the main culprit is the manipulated value of Renminbi relative to the US dollar. Towards that end, this article re-examines the spot exchange rate and bilateral trade nexus using the Fourier approximation and a variant of the well-known gravity model during the sample period 1993: q1–2014: q1. Although China’s exports to the US Granger cause the exchange rate in a co-integrated space, the findings of a vector error correction model indicate that there is not a strong relation between the two. Indeed, within the aforementioned sample, only 15.52 per cent of changes in China’s exports to the USA are attributable to changes in the spot exchange rate. This is noticeably much smaller than impacts of the other variables utilized in the estimated gravity model. As such, the palpable trade imbalance between the USA and China cannot be single-handedly blamed on the spot exchange rate manipulations.





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