Industrial Productivity Growth in Europe and in the U.S.

Economica ◽  
1954 ◽  
Vol 21 (84) ◽  
pp. 308
Author(s):  
A. Maddison
Keyword(s):  
Productivity Growth ◽  
Industrial Productivity ◽  
The U.S

scholarly journals ASSESSMENT OF TFP IN EUROPEAN AND AMERICAN HIGHER EDUCATION INSTITUTIONS – APPLICATION OF MALMQUIST INDICES

2016 ◽  
Vol 24 (2) ◽  
pp. 467-488 ◽  
Author(s):  
Joanna WOLSZCZAK-DERLACZ
Keyword(s):  
Higher Education ◽  
Data Envelopment Analysis ◽  
Productivity Growth ◽  
Negative Association ◽  
Distance Measures ◽  
Data Envelopment ◽  
Total Revenue ◽  
American Higher Education ◽  
Malmquist Indices ◽  
The U.S

In this study we apply Malmquist methodology, based on the estimation of distance measures through Data Envelopment Analysis (DEA), to a sample of 500 universities (in 10 European countries and the U.S.) over the period 2000 to 2010 in order to assess and compare their productivity. On average, a rise in TFP is registered for the whole European sample (strongest for Dutch and Italian HEIs), while the productivity of American HEIs suffered a slight decline. Additionally, we show that productivity growth is negatively associated with size of the institution and revenues from government, and positively with regional development in the case of the European sample, while American HEI productivity growth is characterised by a negative association with GDP and a positive one with the share of government resources out of total revenue.

Industrial Productivity Growth Linkages Between OECD Countries, 1970–90

1997 ◽  
Vol 9 (2) ◽  
pp. 221-230 ◽  
Author(s):  
Robert E. Evenson
Keyword(s):  
Productivity Growth ◽  
Oecd Countries ◽  
Industrial Productivity

Incentive Regulation in Network Industries: Experience and Prospects in the U.S. Telecommunications, Electricity, and Natural Gas Industries

2003 ◽  
Vol 2 (4) ◽  
Author(s):  
Ross C. Hemphill ◽  
Mark E. Meitzen ◽  
Philip E. Schoech
Keyword(s):  
Natural Gas ◽  
Service Quality ◽  
Technological Change ◽  
Productivity Growth ◽  
Incentive Regulation ◽  
Industry Concentration ◽  
Network Industries ◽  
Price Cap Regulation ◽  
Regulatory Commitment ◽  
The U.S

We trace the development of incentive regulation in the U.S. telecommunications, electricity, and natural gas industries. Telecom has moved much more in the direction of pure price cap regulation. Incentive regulation in electricity and gas has generally not strayed far from rate-ofreturn regulation. Reasons for these differences include differences in regulatory commitment, industry concentration, technological change and productivity growth, service quality concerns, and externalities. We conclude that electricity and gas can evolve to purer forms of price caps as they gain more experience with incentive regulation, and if the unique features of these industries are considered in plan design.

Die Ursachen der transatlantischen Produktivitätswachstumsunterschiede

2006 ◽  
Vol 55 (1) ◽  
Author(s):  
Rudolf Besch ◽  
Guido Zimmermann
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Productivity Growth ◽  
Service Sector ◽  
Market Reforms ◽  
Lower Productivity ◽  
Long Run ◽  
Labor Market Reforms ◽  
Increase Productivity ◽  
The U.S

AbstractThis paper gives a survey on the causes of the divergence in productivity growth rates between the U.S. and Europe in the last 15 years. It is shown that Europe’s lag in productivity growth can be traced to relative lower productivity growth in the service sector. This is due to over-regulated goods, capital, land, and labor markets. Although there is a consensus that in the long run no relationship exists between productivity growth and labor market performance, in terms of policy, well-specified labor market reforms are recommended to increase productivity growth in Europe. For labor market reforms are a necessary complement for productivity-enhancing product market reforms.

scholarly journals Subsidies, Endogenous Technical Efficiency and the Measurement of Productivity Growth

1994 ◽  
Vol 26 (1) ◽  
pp. 299-310 ◽  
Author(s):  
Lassaad Lachaal
Keyword(s):  
Cost Function ◽  
Empirical Evidence ◽  
Technical Efficiency ◽  
Productivity Growth ◽  
State Variables ◽  
Framework Technology ◽  
Vector Of State ◽  
The U.S

AbstractThe impacts of program subsidy on productivity growth is investigated in this study. Mundlak's concept of endogeneity is applied to technical efficiency and generalized within a dual framework. Technology is described by an aggregate cost function while technical efficiency is conditional on a vector of state variables. Empirical evidence from the U.S. dairy sector supports the hypothesis that protectionism, in the form of program subsidy, is the source of considerable technical inefficiencies.

scholarly journals COVID-19, POLICY RESPONSES, AND INDUSTRIAL PRODUCTIVITY AROUND THE GLOBE

2021 ◽  
Vol 24 (3) ◽  
pp. 365-382
Author(s):  
Bernard Njindan Iyke ◽  
Susan Sunila Sharma ◽  
Iman Gunadi
Keyword(s):  
Productivity Growth ◽  
Negative Impact ◽  
Strong Support ◽  
Evidence Based ◽  
Policy Responses ◽  
Travel Restrictions ◽  
Industrial Productivity

We examine whether the COVID-19-induced policy responses by countries moderated the negative impact of the pandemic on industrial productivity. Using a panel of the 50 most affected countries by the pandemic, we show that the policy responses do not only help reduce the spread of COVID-19, but they also moderate its negative impact on industrial productivity and help steer countries back to their growth paths. We demonstrate that, in the absence of the pandemic, some of the policy responses (i.e., lockdowns, travel restrictions, etc.) would have reduced productivity. We further demonstrate that our estimates are robust when considering alternative specifications of our productivity model. Our study provides strong support for evidence-based policies and emphasizes, consistent with theoretical arguments, that an optimal policymix is fundamental to steering economies back to their steady productivity growth paths when facing negative shocks.

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