Explanations of procyclical productivity play a key role in a variety of business-cycle models. Most of these models … aggregate productivity changes into several terms, each of which has an economic interpretation. However, many of these terms …

manufacturing sector has little or no significant effect on the productivity of other sectors. Using value-added data, however, we …

This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted … to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …

Environmental quality in many developing countries is poor and generates substantial health and productivity costs …

volatility. These higher-order interconnections capture the cascade effects, whereby low productivity or the failure of a set of …