impressive productivity gains. But it is easy to confuse true productivity advances in transportation industries with changes in … productivity can be overwhelmed by even subtle changes in the traffic mix. After controlling for endogenous changes in the … data, 1982-1997, with observed productivity changes much more likely due to changes in speed limits and the dimensions of …

productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …

This paper analyzes whether part-time employment is beneficial for firm productivity in the service sector. Using a … productivity, we estimate a production function including heterogeneous employment shares based on work hours. We find that a … larger part-time employment share leads to greater firm productivity. Additional data on the timing of labor demand show that …

, wage and productivity in the Belgian private sector. More precisely, we examine how changes in the proportions of young (16 …-29 years), middle-aged (30-49 years) and older (more than 49 years) workers affect the productivity of firms and test for the … presence of productivity-wage gaps. Results (robust to various potential econometric issues, including unobserved firm …

We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction … of wages to sectoral labor productivity is almost three times larger than the response to pure idiosyncratic (firm …