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 …

We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We …

total factor productivity (TFP) and by the capital stock per capita. These variables suffice to calculate welfare changes …

summarized to a first order by the current and expected future values of the Solow productivity residual in level and by the …

interindustry transaction. Decomposition of total factor productivity (TFP) suggests that IT externalities can explain considerable …

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 …

total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … time-series volatility of productivity are also characterized by greater cross-sectional dispersion in productivity …. Volatility in TFP explains one quarter to one third of cross-country productivity dispersion. We document a similar relationship …