is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …

country can raise its total factor productivity by investing in R&D. But countries can also boost their productivity by …

In this paper we: (1) estimate the effects of international R&D spillovers on total factor productivity growth of the … the pattern of trade, i.e., on imports and exports and; (4) calculate the private rates of return on physical capital and …

issues in standard productivity analysis, specifically, omission and attribution issues, and, if so, whether the magnitude is …

contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input … and productivity growth from the Non-IT sector lagged far behind the United States. Our projection of potential economic … labor input. Our projections of labor productivity growth in the two economies are much more similar …

economic growth is dominated by investments and productivity growth in information technology, both for individual industries … and the economy as a whole. We also show that the revival of total factor productivity growth accounts for the modest …

After fifty years of catching up to the United States level of productivity, since 1995 Europe has been falling behind … growth shortfall caused the level of European productivity to fall back from 94 percent of the United States level to 85 … United States is in ICT-using industries like wholesale and retail trade and in securities trading. The contrast in retailing …

temporary bubble in 2002-03. (2) Why did productivity growth accelerate after 2000 when the ICT investment boom was collapsing … their claim that part of the post-1995 productivity growth revival reflected the normal cyclical correlation between … productivity and output growth. In contrast data through mid-2003 reveal only a negligible cyclical effect for 1995-99 but rather a …

communications technology (ICT) as a general purpose technology' can explain the divergent U.S. and U.K. TFP performance after 1995 …. GPT stories suggest that measured TFP should rise in ICT-using sectors, perhaps with long lags. Contemporaneously …, investments in ICT may in fact be associated with lower TFP as resources are diverted to reorganization and learning. In both the …

The present study is the third in a series of three papers devoted to issues in the measurement of productivity and … productivity growth. The major findings are as follows. First, this study shows that the new data set used here, which develops … useful supplement to existing data sets. Second, there has clearly been a rebound in labor-productivity growth in recent …