-house confers a sector-neutral productivity advantage facilitating within-firm structural transformation. Consistent with the model …

We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications … higher rates of physical capital accumulation and greater total factor productivity gains. These (relatively) high rates of …. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long …

Starting from the same level of productivity and per-capita income as the United States in the mid-nineteenth century … productivity has almost converged, its income per person has leveled off at about three-quarters of America's. How could Europe be …

The present study is the third in a series of three papers devoted to issues in the measurement of productivity and … productivity growth. The major findings are as follows. First, this study shows that the new data set used here, which develops … useful supplement to existing data sets. Second, there has clearly been a rebound in labor-productivity growth in recent …

the labor productivity of workers across the age distribution, while one-third arises from slower labor force growth. Our …

U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules out explanations … intensively, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A … calibrated growth model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying …

Large gaps in labor productivity between the traditional and modern parts of the economy are a fundamental reality of … developing societies. In this paper, we document these gaps, and emphasize that labor flows from low-productivity activities to … high-productivity activities are a key driver of development. Our results show that since 1990 structural change has been …