productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of … productivity using three proxies for capital services. We find that adjusting for cyclical movements in capital utilization alters … many of the empirical characteristics of productivity, both within and across countries …

This paper provides the first estimates of within-industry heterogeneity in energy and CO2 productivity for the entire … U.S. manufacturing sector. We measure energy and CO2 productivity as output per dollar energy input or per ton CO2 … emitted. Three findings emerge. First, within narrowly defined industries, heterogeneity in energy and CO2 productivity across …

We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We …

by the firm, from the cyclical behavior of productivity. To estimate the market elasticity, an instrumental variables … procedure exploiting a covariance restriction between productivity shocks and demand shocks is used. Results for broad sectors …

The present study is a contribution to the theory of the measurement of productivity growth. First, it examines the … welfare-theoretic basis for measuring productivity growth and shows that the ideal welfare-theoretic measure is a chain index … of productivity growth rates of different sectors which uses current output weights. Second, it lays out a technique for …

remainder. The productivity performance of the non-agricultural economy during the reform period is respectable, but not …

Economists have long recognized that total factor productivity is an important factor in the process of economic growth … assumptions. Total factor productivity growth is estimated as a residual, using index number techniques. It is thus a measure of … our ignorance,' with ample scope for measurement error. Another source of controversy arises from sins of omission, rather …