-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 …

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 …

A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and … explaining the observed procyclicality. For each competing hypothesis we derive the implications for cyclical productivity … heterogeneity in long-run structural changes across individual plants to identify the short-run sources of procyclical productivity …