productivity. This framework is based on a multi-sector general equilibrium model with sector-specific frictions in the form of … functions. Moreover, this framework is consistent with that commonly used in productivity analysis. I apply this framework to … measure to what extent resource misallocation explains the differences in aggregate productivity across developed countries. I …

productivity. Our aim is to test the hypothesis that subjective well-being contributes to productivity using a two step approach …: first, we establish whether subjective well-being can be a candidate variable to study Total Factor Productivity; second, we … assess how much subjective well-being contributes to productivity at aggregate level through efficiency gains. We adopt Data …

European countries. As a whole, Europe is lagging behind in its ability to generate, organise, and sustain innovation processes … position of the US as a locus of innovation in pharmaceuticals has increased over the past decade compared to Europe. All in …

--2000, distinguishing between measures of productivity gains actually obtained in a given country (TFP growth, Malmquist index) and …