The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US "productivity miracle" is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …

contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input … and productivity growth from the Non-IT sector lagged far behind the United States. Our projection of potential economic … labor input. Our projections of labor productivity growth in the two economies are much more similar …

Official statistics display a significant slowdown in U.S. aggregate productivity growth that begins in 2004. We show … how offshore profit shifting by U.S. multinational enterprises affects GDP and, thus, productivity measurement. Under … measures of U.S. aggregate productivity growth. We construct an alternative measure of value added that adjusts for profit …

, scope, and productivity. Our model explains two puzzles. First, it explains the well-known size-discount puzzle: large firms … our model, globalization not only affects the distribution of observed productivities but also productivity at the firm …