productivity (TFP) estimates of Hsieh (2002) for Singapore. We find that TFP growth is insignificantly different from zero in any …

U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules out explanations … intensively, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A … calibrated growth model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying …

economic growth into capital-deepening and productivity components, to a more complex account of the growth process. In the … more complex account, capital and productivity interact, both are endogenous, and quality change in inputs and output … matters. New developments in micro-level productivity analysis are also reviewed, and the long-standing question of net versus …

to underestimate of the rates of growth of real GDP, real personal income, and productivity. That underestimation is … recent slowdown in measured productivity but that subject is discussed briefly …

In this paper, we examine the changes in per-capita income and productivity from 1700 to modern times, and show four …

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

Starting from the same level of productivity and per-capita income as the United States in the mid-nineteenth century … productivity has almost converged, its income per person has leveled off at about three-quarters of America's. How could Europe be …

In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …

We consider a neoclassical interpretation of Germany and Japan's rapid postwar growth that relies on a catch … and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions …, including persistently high but declining rates of labor and total-factor productivity growth, a U-shaped response of the …

and capital are important for explaining procyclical productivity. Here I present two simple and direct tests of these …