labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … productivity, to a ?Marxian? zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

things equal. Increased participation in higher education enhances productivity progress and is accompanied by rising wage …

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 …

This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The … combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred …