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2009-05-31 Decomposing productivity growth in OECD countries: domestic R&D vs. international technology diffusion

authors:

This paper decomposes productivity growth across highly developed OECD countries in the period 1972-2000 into components attributable to domestic R&D output, a catch-up effect, and international technology diffusion via imports of hi-tech products. Two alternative specifications of 'productivity growth' are considered: (i) increments of the ...

2009-03-23 Shocks and rigidities as determinants of the CEE labor markets’ performance. A panel SVECM approach

authors:

We analyze with panel SVECM the impact of real wage, productivity, labor demand and supply shocks on the eight CEE economies during 1996-2007. We use a set of long-run restrictions, derived from the DSGE model with explicitly modeled labor market, to identify these structural shocks. ...

2008-12-16 Assessing Effects of Joining Common Currency Area with Large-Scale DSGE model: A Case of Poland

authors:

Sebastian Dyrda

Maciej Bukowski

working paper

In this paper we present a large scale dynamic stochastic general equilibrium model, in order to analyze and simulate effects of Euro introduction in Poland. Presented framework is a based on a two-country open economy model, where foreign acts as the Eurozone, and home as ...

2008-11-14 Productivity Differences Across OECD Countries, 1970-2000 The World Technology Frontier Revisited

authors:

Jakub Growiec

working paper

We re-estimate the World Technology Frontier (WTF) non-parametrically, using the Data Envelopment Analysis method, with a dataset covering both OECD country-level and US state-level data on GDP per worker and the stocks of physical capital, unskilled labor and skilled labor. The WTF 2000 is found ...