return or an endogenous one. The latter uses a model which allows for ex ante risk: firms’ expectations may not be satisfied … labour productivity fell in the UK. And we consider the evolution of the aggregate depreciation rate and of capital …

In the wake of the financial crisis output fell dramatically while inflation remained above its target and productivity … collapsed relative to its previous trend. The fall in productivity relative to trend was particularly pronounced within the … explain some of the qualitative movements in productivity seen in response to the financial crisis. …

United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …

productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … accounting and econometric evidence suggest an important role for ICTs in accounting for productivity. In fact, the empirical … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …

panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …

Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …

characteristics and efficiency as the main determinants of their productivity. The application of this analysis to the European market … shows that productivity differences among flag carriers could explain the governments' different views about deregulation at …

We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970 … productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric …

markets explain both productivity differences and firm density. Estimating structural model parameters is simple and relies on … model, we find that labor markets which provide cost advantages explain substantial differences in firm productivity …

This paper estimates the impact of road improvements on firm employment and productivity using plant level longitudinal …, but not the employment of existing firms. We also find effects on labour productivity and wages at the firm level …