three questions (a) What is the source of knowledge flows? (b) To what extent do such flows contribute to productivity …

We develop a multi-sector general equilibrium model in which productivity growth is driven by the production of sector …-specific knowledge. In the model, we find that long run differences in total factor productivity growth across sectors are independent of …

capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD … productivity growth. …

growth of organization capital did not have significant effects on productivity growth. …

What factors underlie industry differences in research intensity and productivity growth? We develop a multi … consumer preferences. We find that industry differences in both productivity growth and R&D intensity mainly reflect …

Asia crisis. The results remain unchanged, suggesting that there is a causal relationship between preferential and MFN …

aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …

productivity. The "Solow Paradox" of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … accounting and econometric evidence suggest an important role for ICTs in accounting for productivity. In fact, the empirical … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …

If the presence of a union in a workplace or firm raises the pay level, unless productivity rises correspondingly … senescence. Therefore the impact of unions on productivity, financial performance and investment is extremely important. This … to use theory to predict unambiguously any union effect on productivity because unions can both enhance and detract from …