of standard Real Business Cycle models, a positive shock to the underlying rate of total factor productivity growth …

Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over … Italy’s economy. With output back to its end-2001 level, Italy’s output losses associated with the crisis have been, thus … decline in output is mainly accounted for by a collapse in productivity; in the medium term, employment and capital are also …

productivity-enhancing public infrastructures and utility-enhancing public consumption. From the modeling point of view, the paper … reduces domestic welfare in the short run because the temporary gains from higher productivity do not compensate domestic …

analyzed using standard tools in economics (incentives and principal-agent theory). We discuss the implications of our approach …

provision of public investment services in affecting the productivity of private capital, specialization, and growth. The model …

. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and … percent higher productivity and generate about 50 percent more of their revenues from exports. The results presented in this … productivity and exports when essential elements are in place for its effective use, such as reliable electricity …