The value chain constitutes the value added of the construction industry and the value of the intermediate goods and services, both domestic and foreign, used by the industry to produce its gross output. [...] It constitutes all the construction value chain that includes the value added of the construction industry and the value of the intermediate goods and services, both domestic and foreign, used by the construction industry to pro- duce its gross output. [...] average of TFP of the production’s last At the low end, the construction indus- stage and upstream, with the value-added tries in Italy and France show poor growth shares of the industries in the value chain as performance. [...] When we measure the contribution of that there is a shift of the more productive the upstream TFP growth in this manner, tasks from construction to the upstream shown in Table 3, the results suggest that part of the value chain. [...] Strong positive interactions stationary and cointegrated of order 1.15 13 Because TFP growth measures the growth of productivity and is not, per se, related to the size of the sector, we studied the intensity of patent activities by dividing the total number of patents by the number of employees in the construction industry.
- Pages
- 30
- Published in
- Canada
