This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two …-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit …

models featuring Epstein-Zin preferences and affine dynamics for productivity growth and volatility. The method relies on log …

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

This paper compares two alternative measures of technology differences across industrial countries during 1970-92: one … measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …

I study the implications of productivity shocks in a model where agents observe the aggregate level of productivity but …

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 …

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

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 …

total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by … data, we cannot disentangle its effect on productivity from those of more traditionally recognized channels of … international technology diffusion. …