advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during … trend from the cycle. The results are mildly supportive of the OC theory. Demand shocks tend to have a negative impact on … productivity, both in the short and long run, and the short-run impact is stronger in those countries where fluctuations are more …

Throughout the post-war era until 1995 labour productivity grew faster in Europe than in the United States. Since 1995 …, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe’s productivity growth … between the EU and US going back to 1980. This paper is about the strong negative trade-off between productivity and …

panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …

public deficit, while in the second they are used in cost-reducing public investment in infrastructure. In the latter case …

unprecedented growth. We then proceed to study if this positive impact of VC is also present on productivity growth, which is a … affects total factor productivity growth. We do find that VC investment is positively associated with labor productivity but …

We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and … which increased the costs of opening large stores. This might have caused a slowdown in productivity growth if firms (a … productivity works out at about £80,000 per small chain supermarket store. …

Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more …

We study the relation between workers' skill dispersion and firm productivity using a unique dataset of Italian … production function that depends on the skill composition show that a firm's productivity is positively related to skill …