the capital stock, and the increase of multifactor productivity. I calculate a likely growth rate of 2.6 percent a year …

becomes the unambiguously dominant source of growth in labor productivity. The role of multifactor productivity is …

their claim that part of the post-1995 productivity growth revival reflected the normal cyclical correlation between … productivity and output growth. In contrast data through mid-2003 reveal only a negligible cyclical effect for 1995-99 but rather a … temporary bubble in 2002-03. (2) Why did productivity growth accelerate after 2000 when the ICT investment boom was collapsing …

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 …

During the four years 1995-99 U. S. productivity growth experienced a strong revival and achieved growth rates … transport, motion pictures, radio, indoor plumbing, and made the golden age of productivity growth possible. This paper raises … doubts about the validity of this comparison with the Great Inventions of the past. It dissects the recent productivity …

economic growth is dominated by investments and productivity growth in information technology, both for individual industries … and the economy as a whole. We also show that the revival of total factor productivity growth accounts for the modest …

contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input … and productivity growth from the Non-IT sector lagged far behind the United States. Our projection of potential economic … labor input. Our projections of labor productivity growth in the two economies are much more similar …

After fifty years of catching up to the United States level of productivity, since 1995 Europe has been falling behind … growth shortfall caused the level of European productivity to fall back from 94 percent of the United States level to 85 … retailing formats that have created many of the productivity gains in the United States. For many decades, the United States and …

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