, 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 …

1990s, provided that variations in population growth, depreciation rates, total factor productivity, and taxes are …. We use the theory to compare current accounting measures for labor productivity and investment with the corresponding … understate the boom in productivity and investment …

This paper presents new evidence on research and teaching productivity in universities using a panel of 102 top U … researchers. Productivity growth per researcher is 1.4-6.7 percent and is higher in private universities. Productivity growth per … teacher is 0.8-1.1 percent and is higher in public universities. Growth in research productivity within universities exceeds …

In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in … factor productivity (TFP) gross. This is achieved through a novel application of the Viner-Wng envelope theorem, which allows … correct for this source of productivity change would have led to a 31% under estimate of long-run TFP growth in Canada arid a …

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 …

regulation, rather than changes in productivity and trade, account for most of the emissions reductions …