factor productivity, GDP volatility, negative returns on investment, and a labor force that is too reliant on government … encouraging increased domestic, especially private, investment. Well-targeted policies should be adopted to accelerate reform and …

total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies TFP as the right summary measure of welfare (even in situations … (industries or firms) to aggregate welfare using readily available TFP data. Based on this finding, we compute firm and industry …

positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro …,300 suggesting that in some respects investment subsidies can be cost effective. …

in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union …

In "new" new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … an alternative way to model whether firms export or not, namely as a firm-level decision akin to an investment decision …

role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … well. By implication, policies that stimulate investment and R&D and policies that affect the size of the labor force may … productivity. …