In this paper we employ index number theory in addressing the problem of adjusting real national income and real … business sector;(ii) productivity growth or technical change; (iii) the effects on domestic real output of changes in the terms …

The standard source for pre-WWII global freight rate trends is the Isserlis British tramp shipping index. We think it … transported. Previous scholars have deflated their nominal freight rate indices by a price index that includes tradables not … indices for factor prices, we then calculate total factor productivity growth pre-war and interwar for five global routes …

factor productivity growth in countries where the capital-labour ratio has risen rapidly, e.g. the East Asian NICS, will … understate true productivity growth if the elasticity of substitution is less than one and there is labour augmenting technical … change. This note shows that this argument increases a Paasche measure of productivity, at the expense of lowering a …

understatement of input growth in manufacturing, and thus. overstatement of growth in productivity. GNP, and value-added in …) improvement in measured manufacturing productivity growth can be attributed to an increase in the rate of foreign and domestic … outsource is unrelated to its acceleration in productivity. In auditing the industry numbers, we found that a non …

productivity change." It reviews the criticisms made against that paper, especially the use of a utilization adjustment, and fin … slowdown in the growth of total factor productivity as implying, necessarily, a parallel slowdown in the technological …

important gap by developing a new Intuit QuickBooks Small Business Index that focuses on the smallest of small businesses with … at most 9 workers in the US and the UK and at most 19 workers in Canada. The Index aggregates a sample of anonymous … the estimated model and the QBO Payroll sample data to generate a near real-time index of economic activity. We show that …

may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially … unproductive. Productivity improvements are driven by family management as opposed to family ownership or non-managing family …

levels. In emerging countries, trade liberalization appears to spur productivity and innovation. In developed countries …