factor productivity, GDP volatility, negative returns on investment, and a labor force that is too reliant on government … encouraging increased domestic, especially private, investment. Well-targeted policies should be adopted to accelerate reform and …

factor productivity, GDP volatility, negative returns on investment, and a labor force that is too reliant on government … encouraging increased domestic, especially private, investment. Well-targeted policies should be adopted to accelerate reform and …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies TFP as the right summary measure of welfare (even in situations … (industries or firms) to aggregate welfare using readily available TFP data. Based on this finding, we compute firm and industry …

Productivity (TFP) than incumbents. Increased competition from new entrants leads incumbents to reduce the price of union …Using panel data for nearly all service providers in a single industry sector, we examine productivity responses to … interest in maximising productivity. Ours is the first study to measure service industry productivity using both price and …

total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies TFP as the right summary measure of welfare (even in situations … (industries or firms) to aggregate welfare using readily available TFP data. Based on this finding, we compute firm and industry …

In new new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … an alternative way to model whether firms export or not, namely as a firm-level decision akin to an investment decision …

role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for …