This paper provides three perspectives on long-run growth rates of labor productivity (LP) and of multi …-factor productivity (MFP) for the U. S. economy. It extracts statistical growth trends for labor productivity from quarterly data for the …

of these technologies and the skills of LDC workers, and lead to low productivity in the LDCs. Even when all countries … productivity and output per worker. We provide evidence in favour of the cross-industry productivity patterns predicted by our …

productivity catch-up is rejected. A number of potential `ultimate' causes behind the slowdown are explored. An increasingly …

overall production strategy and productivity trends. In the United States a strategy of standardized mass production led to … high levels of labour productivity and concentration on the development of managerial capabilities, but neglect of the …

dynamic performance of the US economy before 1950. A comparison with the United Kingdom, still the world productivity leader …s and the 1940s. Furthermore, this earlier process of catching up was driven by the dynamic productivity performance of … exporter of manufactured goods not simply by catching-up in labour productivity terms, but by holding the growth of real wages …

following five questions: 1) To what extent does an economy subject to regular variations in labour productivity growth differ … from one where labour productivity is constant? 2) What is the impact on major macroeconomic indicators of a one …-time change in labour productivity growth? 3) What are the business cycle implications of autonomous (non-falsifiable) changes in …

may be ineffective. We show how supply side policies can stimulate employment by raising worker productivity or reducing … effect on employment unless these policies stimulate labor productivity, the entry of firms, capital utilization or …

The commonly accepted chronology for comparative productivity levels based on GDP data does not apply to the … manufacturing sector, where there is evidence of a much greater degree of stationarity of comparative labour productivity … compositional effects of structural change. The persistent large labour productivity gap between the US and Europe cannot be …