at the micro level typically reduces total factor productivity at the macro level. Quantifying these effects is leading …

Racial social isolation within and across workplaces may reduce firm productivity. We provide descriptive evidence that … African-Americans feel socially isolated from Whites. To test whether isolation affects productivity, we estimate models of … Total Factor Productivity for manufacturing firms allowing returns to local area concentrations of economic activity and …

United States relative to Japan. High productivity growth in the traded sector of the Japanese economy results in a …

the capital stock, and the increase of multifactor productivity. I calculate a likely growth rate of 2.6 percent a year …

rates of total factor productivity in distinct consumption- and investment-goods-producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …

. We use the theory to compare current accounting measures for labor productivity and investment with the corresponding … 1990s, provided that variations in population growth, depreciation rates, total factor productivity, and taxes are … goods and find that the 1990s are not puzzling in light of this new theory. There is compelling micro and macro evidence for …

) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …