Structural change, measured labour productivity and input-output models
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Structural change, measured labour productivity and input-output models by J. R. S. McDonald

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Published by Loughborough University of Technology, Department of Economics in Loughborough .
Written in English


Book details:

Edition Notes

StatementScott McDonald.
SeriesEconomic research paper / Loughborough University of Technology. Department of Economics -- no.93/6, Economic research paper (Loughborough University of Technology. Department of Economics) -- no.93/6.
ID Numbers
Open LibraryOL13975224M

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Post-growth economists propose structural changes towards labour-intensive services, such as care or education, to make our economy more sustainable by providing meaningful work and reducing the environmentally damaging production of material goods. Our study investigates the assumption underlying such proposals. Using a multi-regional input-output model we compare the embodied Author: Lukas Hardt, John Barrett, Peter G. Taylor, Timothy J. Foxon. (6) This was estimated as the ratio of gross output of input-output industry 69 to total gross output of input-output industr 73, 74 and 75; values for were set equal to the value for The source was the I-O SUTs. Input-output row 69 is Division 30 of SIC92, input-output rows make up Division 32 of SIC The aggregate of. Using growth in real value added and labour productivity as measurements of economic growth, we consider the structural change in value added as the structural change in output and that in capital Author: Hiroshi Nishi. Labour productivity growth 5. Structural change We consider the effect of various forms of structural change on the overall growth of the economy, using from now on the BEID and concentrating on the market sector. Inter-relatedness The first form of structural change that we consid er is the degree of inter-relatedness of domestic industries.

Productivity describes various measures of the efficiency of , a productivity measure is expressed as the ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. Most common example is the (aggregate) labour productivity measure, e.g., such as GDP per worker. Productivity Handbook Glossary. Many of the terms used in the ONS Productivity Handbook are specific to productivity theory, labour market statistics or national accounts terminology. These include, for example, "capital deepening" and "double deflation". STRUCTURAL CHANGE AND ECONOMIC DYNAMICS Structural Change and Economic Dynamics 7 () Structural economic dynamics and technical progress in a pure labour economy Heinrich Bortis Faculty of Economics and Sociology, University of Fribourg, Fribourg, Switzerland Abstract This paper attempts a methodological appraisal of Luigi Pasinetti recent contribution to the analysis of. The Impact of Government Policies on Agricultural Productivity and Structure: Preliminary Results Mary Ahearn, Jet Yee, and Wallace Huffman Abstract: Our paper begins with a consideration of the causal relationships among productivity, farm structure, government farm payments and public investments in research and extension.

ADVERTISEMENTS: One of the most interesting developments in the field of modern economics is the model of industrial interdependence known as input-output tableau. It owes its origin to Prof. Wassily Leontief. Input-output analysis is of special interest to the national-income economist because it provides a very detailed breakdown of the macro-aggregates and money flows. This [ ]. The ‘labour quality’ index,, basically measures compositional shift or structural change among the labour types in the class L, because it is a ratio of two quantity indices. The K-CF model The next model uses cash flow (CF) as its output concept. Forthcoming on Structural Change and Economic Dynamics, vol number 4. Copies of this paper can be handed only to the participants in the Fifteen International Input-Output Conference, 27 June – 1 July , Beijing, China P.R. The Service Economy Revisited* Sergio Parrinello♦. Downloadable (with restrictions)! In economic development, aggregate economic growth is accompanied by structural change among the three main sectors of an economy. Nevertheless, the question whether economic growth causes structural change, or changes in the economic structure cause aggregate growth is still unanswered. To shed more light on this question, this article examines a Granger.