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Americans' anxiety level over competitiveness with other nations has grown in recent years. A large number of Americans appear to believe that the United States will not be able to succeed in an open ...
US productivity growth accelerated after 1995 (unlike Europe’s),particularly in sectors that intensively use information technologies (IT). Using two new micro panel datasets we show that US multinati...
The rapid growth of China’s economy has brought about huge losses of natural capital in the form of natural resource depletion and damages from carbon emissions. This paper recalculates value added, c...
Theory predicts that mandated employment protections may reduce productivity by distorting production choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiring below efficient lev...
This paper examines the effect of foreign direct investment (FDI) on growth by focusing on the complementarities between FDI inflows and financial markets. In our earlier work, we found that FDI is be...
Theory predicts that mandated employment protections may reduce productivity by distorting production choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiring below efficient lev...
Competitiveness presentation delivered in Bangkok, Thailand.
Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity impro...
Do Employment Protections Reduce Productivity? Evidence from U.S. States.
Improving productivity of knowledge workers is one of the major challenges in today’s global environment. Through exploratory research, effort has been made to identify various tools & techniques thos...
A base line estimate of eligibility would be useful in assesing whether economic reforms can indeed achieve higher eligibility.In this paper I estimate the technical eligibility of Bulgarian and Roman...
The purpose of this paper is to calculate the total factor productivity (TFP) as well as scale economies of Japanese terrestrial broadcasters and examine the industry’s characteristics through the dec...
Circularity is a desirable property of a productivity index seldom satisfied in available bilateral indices, such as the Malmquist index. Within a setting of micro units belonging to groups with group...

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