We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older … in the industry's productivity. Second, increased competition, due to the expansion of minimills, drove a substantial …

productivity and efficiency via its impact on sorting and matching in the labor market. Some of the most recent contributions also …

quantity and price information to disentangle markups from quantity-based productivity, and then compute marginal costs by …

structured practices for performance monitoring, target setting and incentives enjoy greater productivity and profitability …

States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies … productivity grows less due to larger mismatch. The model can be used to address a number of normative issues. …

patenting. Furthermore, it explains why R&D as a fraction of revenues is strongly related to firm productivity yet largely …

Germany overtook Britain in comparative productivity levels for the whole economy primarily as a result of trends in … services rather than trends in industry. Britain’s productivity lead in services before World War II reflected external … economies of scale in a highly urbanised economy with an international orientation. Low productivity in Germany reflected the …

total factor productivity and output. It also finds no significant effects on employment. These results support the view …

long-run unemployment rate is independent of the level of productivity and the magnitude of the labour force. The model …