This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than …

outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of …

SMPEs with positive taxable income increased investment, interest expense and productivity. SMPEs in taxable losses did not …

IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to …

(agriculture, manufacturing and services) characterized by different productivity gains and by saturation levels in the demands of …

-up investment decisions. We find that, although tax rates are usually higher than the developed countries’ ones, taxation has an …

-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …

question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital …-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …

incomes in the east have now reached the western level, and investment per capita has been much higher than in the w est …. However, every third deutschmark spent in the east has been coming from the west, investment in equipment has fallen below the … west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of …

models suggest that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a …-level exposure to the 2008-9 financial crisis, I show that tight credit reduced investments in productivity-enhancement, and has … 12% higher today if productivity-enhancing investments had grown at pre-crisis rates. …