roughly the same the U, S., Japan, and Europe. The cyclical analysis allows an estimate of trend productivity growth …This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Results are presented for the U. S., Japan, and an aggregate called "Europe" consisting of eleven European economies. The …

We compute new estimates for Total Factor Productivity (TFP) growth in the United States and in five European countries … utilization. These novelties have a major impact, especially in Europe, where our estimated TFP growth series are less volatile …-level and aggregate TFP series, as well as the first estimates of utilization-adjusted quarterly TFP growth in Europe …

productivity differences. In contrast, the patterns in Korea are consistent with the presence of some impediments to exit or entry …, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued … that despite many outward similarities, two of the most successful Southeast Asian economies, Taiwan and South Korea …

Korea. Empirical results are provided, using 4-period panel data for the years 1963-83, for 38 Korean industries in which … trade protection reduced growth rates of labor productivity and total factor productivity, while industrial policies, such … as tax incentives and subsidized credit, were not correlated with total factor productivity growth in the promoted …

sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …

is followed by relative productivity improvements, a result consistent with learning-by-exporting forces. In South Korea …While there is widespread empirical evidence indicating exporting producers have higher productivity than nonexporters … methods, inputs, and product designs from their international contacts, and this learning results in higher productivity for …

, accepted in the court-administered rehabilitation procedures after the post-crisis bankruptcy reform in Korea, had experienced … less persistent problems in the pre-bankruptcy Total-Factor-Productivity (TFP) performances than those before the reform … productivity growth utilizing plant level panel data in the Korean manufacturing sector during the 1990-98 period. For this purpose …

productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of … markets affects the relative productivity of firms across the region. Firms with foreign ownership and firms that export are … significantly more productive, and the productivity gap is larger the less developed is the local market. We exploit the rich set of …

of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong … quadrupling of the investment to GDP ratio in these economies, one arrives at total factor productivity growth rates, both for the … productivity in these economies is not …

and South Korea), predict large aggregate TFP losses from misallocation of factors across productive units? Our answer is …