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Sources of productivity growth: An empirical analysis with German sectoral data

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  • Smolny, Werner

Abstract

In the paper, the productivity growth of German sectors is analyzed. Sectoral production functions are estimated with annual national account data of 51 sectors from 1960-1990. Both, the pure Solow growth model and the Solow model augmented with human capital do not account for observed productivity increases. It should be extended by allowing for inter-industry spillovers and scale economies at the aggregate level, as well as for scale economies associated with human capital at the sectoral level. The business cycle affects observed productivy changes both in the short run and in the long run.

Suggested Citation

  • Smolny, Werner, 1995. "Sources of productivity growth: An empirical analysis with German sectoral data," Discussion Papers 21, University of Konstanz, Center for International Labor Economics (CILE).
    • Handle: RePEc:zbw:koncil:21
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    References listed on IDEAS

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    Cited by:

    1. Smolny, Werner, 1997. "Endogenous innovations in a model of the firm: Theory and empirical application for West-German manufacturing firms," Discussion Papers 39, University of Konstanz, Center for International Labor Economics (CILE).
    2. Franz, Wolfgang, 1995. "Theoretische Ansätze zur Erklärung der Arbeitslosigkeit: Wo stehen wir 1995?," Discussion Papers 27, University of Konstanz, Center for International Labor Economics (CILE).
    3. Smolny, Werner, 1995. "International sectoral spillovers: An empircal analysis for German and US Industries," Discussion Papers 29, University of Konstanz, Center for International Labor Economics (CILE).

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    More about this item

    Keywords

    Endogenous growth; human capital; intersectoral spillovers;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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