We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …

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

demand: the complementarity between technology and skilled and unskilled labor. Our results identify parameters that are …

This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the …

We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase … productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … effect of ICT-related technology gains on sectoral technology (TFP), we find two sets of results. First, since the mid-2000s …

knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …

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 …