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In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in … factor productivity (TFP) gross. This is achieved through a novel application of the Viner-Wng envelope theorem, which allows … correct for this source of productivity change would have led to a 31% under estimate of long-run TFP growth in Canada arid a …
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We measure the impact of a drastic new technology for producing steel - the minimill - on the aggregate productivity of … industry's productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills … third of the increase in the industry's productivity. Second, increased competition, due to the expansion of minimills …
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innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and … changing technological regulations—let alone increase productivity. Great potential exists for innovation in crop and livestock …
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