, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … results of this study suggest that - if the aim is to leverage companies' productivity - emphasis should be put on supporting …-tech sector turns out to have a minor effect. Instead, encouraging investment in fixed assets appears vital for the productivity …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … minimize costs and face common factor prices), we show that welfare change can be decomposed into three components that reflect …

while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is …

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 …

establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … decrease in the steady-state average productivity of roughly 0.5 percent compared to the optimum's steady-state. This decrease … in productivity is not innocuous: it leads to a doubling of the welfare cost of inflation. …