panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study … stocks on TFP. In addition, we show that domestic and foreign R&D capital stocks have measurable impacts on TFP even after … characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

growth from total factor productivity has been minor, while the high population growth poses a significant challenge to …

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

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 presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations … competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more … pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to …

This paper examines the impact of productivity shocks on real exchange rate fluctuations in a dynamic international … predicted theoretical correlations. Using Johansen and Juselius (1990) multivariate cointegration tests the study finds that a … statistically significant relationship exists between bilateral real exchange rates and international productivity differentials in …

knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests … captures a long-run positive relationship between TFP and the knowledge stock. The results indicate the presence of strong … intertemporal knowledge spillovers and that the long-run impact of the knowledge stock on TFP is small. This evidence is interpreted …

located far away. Firm optimisation then leads less productive firms to self-select themselves for FDI. We test this …