This paper presents a new approach to assess the role of price mismeasurement in the productivity slowdown. I invert … the firm's investment decision to identify the embodied and disembodied components of productivity growth. With a Cobb … that in the Post-War period, disembodied productivity grew faster in the hard-to-measure than in the non-manufacturing easy …

In this paper I evaluate the contribution of R&D investments to productivity growth. The basis for the analysis are the … externalities. The resulting contribution of R&D to productivity growth in the US is smaller than three to five tenths of one …