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Procyclical Productivity (procyclical + productivity)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting100%

Selected Abstracts

Increasing Returns, Labour Utilization and Externalities: Procyclical Productivity in the United States and Japan

ECONOMICA, Issue 266 2000
Michela Vecchi
This paper investigates procyclical productivity and attempts to discriminate among several competing explanations. The study focuses on the United States and Japan, since the different industrial relations in these two economies serve to cast a sharper light on the procyclical productivity debate. Labour hoarding, evaluated through the introduction of a labour utilization proxy, proves to be an important influence. The interpretation of the role of external economies remains an open issue. [source]

Procyclical Productivity and Returns-to-Scale in Philippine Manufacturing

ASIAN ECONOMIC JOURNAL, Issue 4 2000
Tatsufumi Yamagata
First page of article [source]

Cyclical Productivity in Europe and the United States: Evaluating the Evidence on Returns to Scale and Input Utilization

ECONOMICA, Issue 296 2007
ROBERT INKLAAR
This paper studies procyclical productivity growth at the industry level in the United States and three European countries (France, Germany and the Netherlands). Industry-specific demand-side instruments are used to examine the prevalence of non-constant returns to scale and unmeasured input utilization. For the aggregate US economy, unmeasured input utilization seems to explain procyclical productivity. However, this correction still leaves one in three US industries with procyclical productivity. This failure of the model can also be seen in Europe and is mostly concentrated in services industries. [source]

Increasing Returns, Labour Utilization and Externalities: Procyclical Productivity in the United States and Japan

ECONOMICA, Issue 266 2000
Michela Vecchi
This paper investigates procyclical productivity and attempts to discriminate among several competing explanations. The study focuses on the United States and Japan, since the different industrial relations in these two economies serve to cast a sharper light on the procyclical productivity debate. Labour hoarding, evaluated through the introduction of a labour utilization proxy, proves to be an important influence. The interpretation of the role of external economies remains an open issue. [source]