This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …

globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves … business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall …

stemming from reallocation induced by structural change. At the same time, productivity growth within the input-output network …

endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped … “residual” productivity required to explain the observed per-capita income differences by more than one half …

We investigate how changes in firm productivity after M&As are affected by differences in profit taxation between the … M&A and thus inhibit the realization of productivity improvements. Using firm-level data on inputs and outputs of … reduces the subsequent total factor productivity gain. This effect is concentrated in horizontal M&As and less pronounced when …

quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much … education policy (pre-primary education) on human capital and productivity to demonstrate the usefulness of the new measure for …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

interactions between MP and trade. According to the model with MP, supply-side productivity shocks contributed to the collapse of … to shocks that affected aggregate productivity and were specific to multinationals in a few key headquarters countries …. The MP links significantly amplified the impact of these shocks on the rest of the world, which had a much greater impact …