, highlighting the dichotomy between productivity-driven long-run growth and short-run deviations from the underlying growth …

to invest abroad is positively related to their productivity and the size of their intangible assets. …

models featuring Epstein-Zin preferences and affine dynamics for productivity growth and volatility. The method relies on log …

-level productivity, focusing on the case of Estonia. We contribute to the literature in two important respects: (i) we look explicitly at … constrained. More importantly, we find that financial constraints do not lower productivity for most sectors. …

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on … productivity differ between the pre- and post-World War II periods. The pre-war period shows evidence of a productivity slowdown as …

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 … has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …

total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by … data, we cannot disentangle its effect on productivity from those of more traditionally recognized channels of …

This paper emphasizes the importance of total factor productivity (TFP) developments in the nontradables sector to …

We revisit the time-honored link between productivity and the real exchange rate. Consistent with the traditional view …, we find that higher labor productivity tends to lead to appreciation of the real exchange rate. Contrary to the … traditional view, however, we find that the positive productivity effect is transmitted through the real exchange rate based on …