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U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules explanations that …, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A calibrated growth … model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying productivity growth …
Persistent link: https://www.econbiz.de/10011026938
Identifying productivity and real demand shocks in the US with sign restrictions based on standard theory, we provide … evidence on real and financial channels of their international propagation. Productivity gains in US manufacturing have … substantial macroeconomic effects, raising US consumption, investment and the terms of trade, relative to the rest of the world …
Persistent link: https://www.econbiz.de/10004993814
Persistent link: https://www.econbiz.de/10002672081
Persistent link: https://www.econbiz.de/10001868081
Persistent link: https://www.econbiz.de/10001868328
This paper explores the relationship between capital composition and productivity using a unique and remarkably …’ productivity. The implied marginal products are derived and compared to official data on rental prices; substantial differences …
Persistent link: https://www.econbiz.de/10011026940
employee voice, have been a significant component of the turnaround in productivity growth in the United States during the 1990 …s. Our work goes beyond measuring the impact of computers on productivity and finds that these types of workplace … innovation appear to explain a large part of the movement in multi-factor productivity in the United States over the period 1993 …
Persistent link: https://www.econbiz.de/10005401597
This paper explores the relationship between capital composition and productivity using a unique and remarkably …’ productivity. The implied marginal products are derived and compared to official data on rental prices; substantial differences …
Persistent link: https://www.econbiz.de/10005401621
performance: labor productivity and productivity growth over the 1992 to 1997 period. We use untapped firm and establishment micro … data from the Censuses of Retail Trade and the Assets and Expenditures Survey. We show that large firms account for most … investment intensity and productivity growth. We found no evidence of a similar link between IT and growth in the number of …
Persistent link: https://www.econbiz.de/10005401633
performance: labor productivity and productivity growth over the 1992 to 1997 period. We use untapped firm and establishment micro … data from the Censuses of Retail Trade and the Assets and Expenditures Survey. We show that large firms account for most … investment intensity and productivity growth. We found no evidence of a similar link between IT and growth in the number of …
Persistent link: https://www.econbiz.de/10010702153