understatement of input growth in manufacturing, and thus. overstatement of growth in productivity. GNP, and value-added in …) improvement in measured manufacturing productivity growth can be attributed to an increase in the rate of foreign and domestic … outsource is unrelated to its acceleration in productivity. In auditing the industry numbers, we found that a non …

The standard source for pre-WWII global freight rate trends is the Isserlis British tramp shipping index. We think it … transported. Previous scholars have deflated their nominal freight rate indices by a price index that includes tradables not … indices for factor prices, we then calculate total factor productivity growth pre-war and interwar for five global routes …

factor productivity growth in countries where the capital-labour ratio has risen rapidly, e.g. the East Asian NICS, will … understate true productivity growth if the elasticity of substitution is less than one and there is labour augmenting technical … change. This note shows that this argument increases a Paasche measure of productivity, at the expense of lowering a …

productivity change." It reviews the criticisms made against that paper, especially the use of a utilization adjustment, and fin … slowdown in the growth of total factor productivity as implying, necessarily, a parallel slowdown in the technological …

In this paper we employ index number theory in addressing the problem of adjusting real national income and real … business sector;(ii) productivity growth or technical change; (iii) the effects on domestic real output of changes in the terms …

west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of …