A considerable literature has focused on the determinants of total factor productivity (TFP), prompted by the empirical … representative consumer is summarized by current and anticipated future Solow productivity residuals. The equivalence holds for any … parametrically. This result justifies total factor productivity as the right summary measure of welfare, even in situations where it …

: current and future total factor productivity and the capital stock per capita. These variables suffice to calculate welfare … production technology and the degree of market competition. It applies to open economies as well, if total factor productivity is … factor productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need …

This paper tests whether structural or firm-specific characteristics contributed more to (labor) productivity growth in … the European Union between 2003 and 2008. It combines the Amadeus firm-level data on productivity and firm characteristics … characteristics are most important for firm productivity growth, particularly the stock of inward foreign direct investment and the …

Inappropriate regulation can influence productivity performance by affecting incentives to invest and adopt new … technologies, as well as by directly curbing competitive pressures. Results of a labor productivity growth model for European … exports plus imports to gross domestic product -- have positive effects on productivity growth. In Romania a 10 percent …