monopoly power. In this economy, measures of total factor productivity (TFP) growth in terms of quantities (the primal) and …

productivity" channel. The relative price channel results from changes in the relative prices of aggregates, such as investment vis …-a-vis consumption goods, which occurs in a sectoral model in response to even standard aggregate shocks. The relative productivity … reasonable parameterizations, the relative productivity channel causes aggregate productivity to vary procyclically in response …

productivity growth. We show that the data imply that households are not willing to substitute between the two goods at all and …

Complementing existing work on firm organizational structure and productivity, this paper examines the impact of …

technologies is associated with higher productivity and higher productivity growth. As in the worker literature, firms adopting … productivity, or other measures of firm success. I am able to control for many firm characteristics not available in other data …

-2000 period. An aggregate TFP measure based on these series appears quite similar to the multifactor productivity measure … constructed by the BLS. We find statistical evidence of structural breaks in the growth rate of our productivity measures in 1973 … and 1995. The first of these breaks appears to be due to an economy-wide productivity slowdown, while the second is …

This paper describes an attempt to build a regression-based system of labor productivity equations that incorporate the ….S. economy. Builders of regression-based forecasting models have long had difficulty finding labor productivity equations that … productivity. Theory dictates that this causation is driven by the effect of traditional capital deepening as well as technological …