This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States. …

in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed …

By the end of 2007, Chile's total factor productivity was lower than ten years earlier, a performance that contrasted … sharply with the previous decade, when productivity grew by a cumulative 30 percent. This paper assesses productivity trends … in Chile, by decomposing productivity into investment-specific technological change (associated with improvements in the …

Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …

institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on …

This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show … Fernandez and Rodrik (1991). Blocking innovation is rooted in the aversion to the potential loss of political clout in future …-monotonic relationship between institutional efficiency and the size of innovation. …