: the reciprocal of the terms of trade. Cast this way, a change in the terms of trade acts as a productivity shock. Or does … then generalizing, we show that changes in the terms of trade have no first-order effect on productivity when output is …

We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and … it ignores the additional capital formation made possible by an increase in productivity and therefore understates … productivity's true importance. Our estimates suggest that the understatement may be quite large, and that one might better ask if …

condition holds, non-zero rates of growth of labor productivity will not destroy debt neutrality …

United States relative to Japan. High productivity growth in the traded sector of the Japanese economy results in a …

establishments. Within the framework of a modified Cobb-Douglas production function, layoffs do not influence subsequent productivity …

This paper uses an integrated model of aggregate supply to analyze the post-1973 slowdown in productivity growth in the … cyclical factors. The model is therefore re-estimated, and the sources of productivity decline recalculated, on the hypothesis …

This study documents a significant inverse relationship between grievance rates and productivity. It is argued in the …

.S. aggregate labor productivity, and 2) whether the same set of forces account for the slowdown of sectoral productivity growth as … well. We specify a model which relates measured labor productivity growth to capital/labor ratio, level and rate of change … aggregate data for the period 1949-1978.The results of the estimation suggest that the pattern of aggregate productivity growth …

dynamism, may explain the observed productivity slowdown. We consider the role of nonemployers, businesses without paid … employees, in business dynamism and aggregate productivity. Despite the decline in the growth of employer firms, the total … average annual growth of aggregate productivity of 0.26-0.39%, over one quarter of the productivity growth in the data …