example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. -- Exchange rates ; Productivity …

of new infrastructure builders. This suggests, therefore, that when a new technology is being diffused, regulation to …

), provides a separate analysis of trend labour input and trend labour productivity, and in doing so accounts for more long …

a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and … with the exchange of ideas from those who generate them to those best able to implement them (technology transfer). But …, suggesting that technology transfer is a significant source of innovation and showing how it is affected by credit considerations. …

of capital, and the representation of technological changes. …

explicitly related to the trend of labour force productivity and of the participation rate. These two variables have been … of labour force productivity and the participation rate. Furthermore, since 1995, the growth rate of potential GDP has … been clearly above its historical average because of an increase in the trend of productivity and, to a lesser degree, in …

mainly through changes in ownership) on aggregate labour productivity. Capital reallocation is an important activity in the …The author studies the effects of capital reallocation (the flow of productive capital across firms and establishments … United States: on average, its total value is 3-4 per cent of U.S. GDP. Firms with lower productivity are more likely to be …