This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …-owned firms affects the productivity of local firms in that sector and whether there is any evidence of convergence between that … industry's productivity level and that of the United States. The main results can be summarized as follows: First, productivity …

our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …

In this paper, we examine the changes in per-capita income and productivity from 1700 to modern times, and show four …

The age structure of capital plays an important role in the measurement of productivity. It has been argued that the … productivity measurement. A proposition proves that Nelson's (1964) formula is wrong. Our final proposition shows that inclusion of … the vintage effect prompts an upward correction of measured productivity growth in times of an aging stock of capital …

sectoral export variety on country productivity. The effects are estimated in a translog GDP function system based on data for … 34 countries from 1982 to 1997. Country productivity is constructed and export variety is shown to be significant …. Instruments such as tariffs, transport costs, and distance are shown to affect country productivity through export variety, and …

these effects, and the first two effects are ruled out when using a Pareto distribution for productivity with a support that … by using a bounded Pareto distribution for productivity …

is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …

Since 1995, growth in productivity in the United States appears to have accelerated dramatically. In this paper, we … cause conventionally measured growth in real output and productivity to be overstated. Building on the GDP function approach … year, or about 20%, of the 1995-2006 apparent increase in productivity growth for the U.S. economy. Bias in the price …