of the variation in industry imports from China and changes in federal spending) and two supply-side ones (TFP shocks and …

affects an industry's own TFP growth and innovation. Our estimates suggest that a substantial share of the productivity …-industry variance of TFP growth and innovation. For example, if TFP growth variance had remained at the 1977-1987 level, US …

In recent years, measured TFP growth in the US has declined. We argue that two forces contributed to this decline: the … investment affect measured capital growth, each potentially generating downward bias in measured TFP growth. Most importantly … TFP growth. Using input-output data, we estimate that this mechanism could account for one-third to two-thirds of the …

Growth theory is based on the assumption of exponential total factor productivity (TFP) growth. Across countries and … time periods I find that TFP growth is actually linear. Unlike the exponential model, the additive growth model provides … useful medium-term forecasts of TFP. It also explains the TFP slowdown and the volatility puzzle, and predicts falling real …

growth accounting and the estimation of TFP growth, and the college wage premium and skill-biased technical change …

This paper develops estimates of TFP growth adjusted for movements in unobserved factor utilization for a panel of 29 … actual changes in TFP. We use a general equilibrium dynamic multi-country multi-sector model featuring variable factor … properties of utilization-adjusted TFP series to the standard Solow residual, and discuss the implications for international …