decomposition of total factor productivity growth …

productivity increases by less, measured labor productivity growth falls compared to the middle period. However this fall reflects … productivity growth rates. Substantial variation in these growth rates remains within the 1929-1965 and 1965-1978 periods. Slow … quality-adjusted labor productivity growth during 1929-1948 is just offset by unusually rapid growth during 1948-1965; these …

The U.S. has been experiencing a slowdown in measured labor productivity growth since 2004. A number of commentators … challenges to this “mismeasurement hypothesis.” First, the productivity slowdown has occurred in dozens of countries, and its … output” resulting from the productivity growth slowdown. The largest—by some distance—is less than one-third of the …

The dismal decade of 2010-19 recorded the slowest productivity growth of any decade in U.S. history, only 1.1 percent … per year in the business sector. Yet the pandemic appears to have created a resurgence in productivity growth with a 4 ….1 percent rate achieved in the four quarters of 2020. This paper provides a unified framework that explains productivity growth …

This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant …'s business strategy. We also find that plants sold post-intervention exhibit a significant improvement in productivity under new … increase in labor productivity. Additional tests refute alternative explanations that attribute the improvement to mean …

productivity gap" suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask …

The 21st century global decline in productivity growth is not well understood. One possible contributor is a decline in … economic dynamism. We explore the contribution of firm formation and employee movement to productivity using administrative … working proprietors, to study the relationships among entry, worker flows and firm productivity. Entrants are more productive …

We estimate the aggregate productivity gains from reducing barriers to internal labor migration in Indonesia … attract workers. We find modest but important aggregate impacts. We estimate a 22% increase in labor productivity from … removing all barriers. Reducing migration costs to the US level, a high mobility benchmark, leads to an 8% productivity boost …