the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …-run productivity growth. Using panel data from 13 OECD countries from 1960 to 1990, we find evidence that an increase in unemployment … scales down the long-run level of productivity. …

linkage between channels of international knowledge spillovers and total factor productivity. We distinguish between domestic … contribution of technology transfer to industrial productivity. To account for technological distance, we weight foreign knowledge … mainly drives productivity in the respective sector. -- Knowledge Spillover ; Total Factor Productivity ; Manufacturing …