productivity catch-up is rejected. A number of potential `ultimate' causes behind the slowdown are explored. An increasingly …

total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … between productivity volatility and the dispersion of the marginal revenue product of capital (static capital misallocation … dynamic process governing productivity shocks is a first-order determinant of differences in misallocation and, hence, income …

-liberalization quota allocation is not based on firm productivity. Removing this misallocation accounts for a substantial share of the … overall productivity gains associated with the quota removal. …

An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …

persistence of productivity growth differentials between nations, even though these countries show a common technology, constant … generations specification. The source of productivity (growth) differentials in our model is the existence of a non-traded capital … than leisure). We consider the influence on productivity growth differentials of private thrift, public debt, the taxation …

advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …

countries. Moreover, it does not necessarily yield convergence in levels for identically parameterized economies. All in all …