measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …

standard (Solow-style) growth accounting methodologies. We find that factor accumulation (especially labor), rather than growth … in total factor productivity (TFP), remains the main driver of GDP growth. Moving forward, given the expected moderation … of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on … productivity differ between the pre- and post-World War II periods. The pre-war period shows evidence of a productivity slowdown as …

This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 … has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …

, we find that higher labor productivity tends to lead to appreciation of the real exchange rate. Contrary to the …We revisit the time-honored link between productivity and the real exchange rate. Consistent with the traditional view … traditional view, however, we find that the positive productivity effect is transmitted through the real exchange rate based on …

economy and important labor market reforms, Germany’s ability to act as global locomotive has been limited. With increasing …

over the medium term, and the policy priorities needed to sustain the growth rates seen in the past decades. In doing so …) to highlight the need to tailor policy priorities. …

declining labor input. The paper focuses on a long-term fiscal scenario for Germany based on current policies. The paper also …