end-of-period stocks. We also derive measures of productivity and capacity utilization for the adopted modeling framework …

, profitability, and productivity growth. Asymmetric information generates agency costs of debt and signaling benefits of dividends … benefits contribute 4.2 percent to total factor productivity growth, while agency costs reduce efficiency by 3.3 percent. Thus …

This paper presents estimates of the productivity and factor bias effects of interindustry Ramp;D spillovers for five …

structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are … their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward … in each industry, generating productivity inducement, but the factor demand in each industry is also affected by the two …

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 …

This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery … industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital … inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The …

sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …

determining the rate of growth of total factor productivity (TFP) . Specifically, we propose and illustrate a methodology for …

decomposition of total factor productivity growth …