productivity growth. Indeed, we show that when one decomposes per capita GDP growth into its component parts - growth of employment …

countries matters for productivity, because a country that imports primarily from technological leaders receives more technology … trade patterns in determining technology flows that affect productivity by using industry level data for machinery goods … imports and productivity in eight OECD countries between 1970-91. First evidence that these countries benefit more from …

-specific productivity shocks tend to worsen the current account, whereas global shocks have little effect. Both types of shock raise … investment. It is a puzzle, however, for the intertemporal model that long-lasting local productivity shocks have a larger impact …

countries matters for productivity, because a country that imports primarily from technological leaders receives more technology … trade patterns in determining technology flows that affect productivity by using industry level data for machinery goods … imports and productivity in eight OECD countries between 1970-91. First evidence that these countries benefit more from …

Using data for the G7 countries, I estimate conditional correlations of employment and productivity, based on a …) technology shocks appear to induce a negative comovement between productivity and employment, counterbalanced by a positive … positive technology shock, and (c) measured productivity increases temporarily in response to a positive demand shock. More …