William Baumol and his co-authors have analyzed the impact of differential productivity growth on the health of … and price increases, take a rising share of national output, and slow aggregate productivity growth. Using industry data … have tended to lower overall productivity growth as the share of stagnant sectors has risen over the second half of the …

factor productivity, and climate sensitivity. It estimates the pdfs of key output variables, including CO2 concentrations …

The present study is the third in a series of three papers devoted to issues in the measurement of productivity and … productivity growth. The major findings are as follows. First, this study shows that the new data set used here, which develops … useful supplement to existing data sets. Second, there has clearly been a rebound in labor-productivity growth in recent …

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 …

The present study analyzes the "productivity slowdown" of the 1970s. The study also develops a new data set … -- industrial data available back to 1948 -- as well as a new set of tools for decomposing changes in productivity growth. The major … result of this study is that the productivity slowdown of the 1970s has survived three decades of scrutiny, conceptual …

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 …

The present study is a contribution to the theory of the measurement of productivity growth. First, it examines the … welfare-theoretic basis for measuring productivity growth and shows that the ideal welfare-theoretic measure is a chain index … of productivity growth rates of different sectors which uses current output weights. Second, it lays out a technique for …

The present study is the second is a series of three papers devoted to issues in the measurement of productivity and … productivity growth. The contributions of the present paper are three. First, it introduces a new approach to measuring industrial … productivity based on income-side data that are published by the Bureau of Economic Analysis (BEA). The data are internally …

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