microeconomic and macroeconomic productivity growth. The final section discusses the main empirical findings, the caveats of …

This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on … micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. i) Changes … in productivity in individual firms at a given size (relative to market). And, ii) a reallocation process due to …

The “killer application” of the new framework for productivity measurement presented in this paper is the impact of … and software has steadily enhanced the role of IT investment. Productivity growth in IT-producing industries has risen in … importance and a productivity revival is underway in the rest of the economy. The surge of IT investment in the United States …

from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people … inhabit rural areas. Agriculture also accounts for a significant fraction of the economic activity in the developing world … that changes affecting agriculture have large aggregate effects. Thus, it seems reasonable that agricultural productivity …

We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …

productivity (MFP) convergence in a panel of 42 countries. The OECD long-term growth model is augmented to show that, in addition …

to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …