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 …

We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity …

. Examining the sources of labor productivity growth in Mexican manufacturing, however, does not provide support for such a … conclusion. Although we find that labor productivity levels vary almost in direct relation to establishment size, labor … productivity growth shows no systematic variation by size class. In fact, small establishments have had the same rate of labor …

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 …

Are some management practices akin to a technology that can explain firm and national productivity, or do they simply … factor productivity differences both between countries and within countries across firms …

The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US quot;productivity miraclequot; is due to … located abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …