Using panel data, this paper tests whether foreign, public, and private capital have a positive and significant effect on aggregate output and labor productivity for Mexico during the 1960-2001 period. The richer information set made possible by the sectorial data enables this study to utilize the methodologically sound Agroup-mean@ Fully Modified Ordinary Least Squares (FMOLS) procedure develo...

This study examines the impact of human capital on productivity of labor in Indonesia, using the ARDL analysis data method. This study uses the variable of human capital with a proxy level of labor education, the health status of labor and labor productivity. The data used are sourced from World Bank publications in the period of 1981-2014. The outputs of the analysis with the method of ARDL sh...

Macro-level estimates of the productivity of public capital are typically larger than microlevel estimates. The evidence also shows large cross-country differences in the quality of public capital. A general equilibrium growth model is introduced to explain both facts. The productivity of firms specializing in differentiated intermediate inputs depends on public capital whose provision is subje...

The level of human capital affects not only effective labor but also the productivity. Because the coordination and interaction between individuals cause spillover effects on production, higher level of human capital leads to higher productivity growth. The extent of this effect on productivity growth also depends on the characteristics of the markets. Entrepreneurs may conduct their businesses...

the aim of the paper is to survey factors productivity in small & medium scale manufactories located in toos industrial town. in order to achieve this purpose, production functions of different industrial groups are estimated on the base of cross-section data in 2005. then elasticity of factors production, average productivity, marginal productivity, labor intensive and capital intensive are de...

We use panel data on a cross section of countries to estimate an aggregate production function including infrastructure capital. We find that the productivity of physical and human capital are close to the levels suggested by microeconomic evidence on their private returns, while electricity generating capacity and transportation networks have roughly the same marginal productivity as capital a...

We assess long-run patterns of global agricultural productivity growth between 1970 and 2005 and examine the relationship between investments in technology capital and productivity. To measure agricultural total factor productivity (TFP) we employ a Solow-type growth accounting method to decompose output growth into input and TFP growth. For technology capital we construct two indexes reflectin...

U.S. economy have been the subject of much study. Understanding these sources is important because labor productivity growth is the key to increasing our economic standard of living. For example, the difference between a productivity growth rate of 3% a year and one of 1.5% a year means the difference between doubling our standard of living in 23 years instead of 46 years! Theory suggests four ...