Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/73030 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
Nota di Lavoro No. 92.2012
Verlag: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Zusammenfassung: 
The objective of this study is to investigate the validity of the Kaldor-Verdoorn's Law in explaining the long run determinants of the labor productivity growth for the manufacturing sector of some developed economies (Western European Countries, Australia, Canada, Japan and United States). We consider the period 1973-2006 using data provided by the European Commission - Economics and Financial Affairs. Our findings suggest that the law is valid for the manufacturing as countries show increasing returns to scale. Capital growth and labor cost growth do not appear important in explaining productivity growth. The estimated Verdoorn coefficients are found to be substantially stable throughout the period.
Schlagwörter: 
Increasing Returns
Kaldor-Verdoorn Law
Productivity Growth
Manufacturing Sector
JEL: 
C32
O47
O57
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.82 MB





Publikationen in EconStor sind urheberrechtlich geschützt.