measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …

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 …

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 …

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

standard (Solow-style) growth accounting methodologies. We find that factor accumulation (especially labor), rather than growth … in total factor productivity (TFP), remains the main driver of GDP growth. Moving forward, given the expected moderation … of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …

applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual … Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the effect of optimal …

neoclassical growth model with time-varying frictions (wedges). We analyze the relative importance of efficiency, labor, investment … the efficiency and labor wedges have had the greatest impact. We also compare our results with existing studies on …

banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising …