This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …

The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative …. Empirical studies concerning these two factors indicate that unpredictable variations in economic productivity have a negative …

Productivity of Mongolia was tested not only for errors in all estimated values but also for measurement errors in the data. It was …Total Factor Productivity (TFP)is often used on the macro-economic level as an indicator of changes in efficiency of a … the data of Mongolia much more closely than closing only the least efficient enterprises; and that measurement errors in …

How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this …&D from profit-maximizing firms. The uncertainty arises from the productivity of these investments in R&D. The main result of … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …

Measuring the dispersion of productivity or efficiency across firms in a market or industry is rife with methodological … to increase dispersion. This chapter presents a guide to measurement of dispersion and provides empirical evidence from a …