narrative identification approach. A corporate income tax cut leads to a sustained increase in GDP and productivity, with peak … employment are much less affected. In contrast, personal income tax cuts trigger a short-lived boost to GDP, productivity and … utilization and show that these features generate a pro-cyclical response of productivity which is key to account for our …

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

equilibrium model in which there is a continuum of firms subject to idiosyncratic productivity shocks. We find that a dividend tax … cut raises aggregate productivity by reducing the frictions in the reallocation of capital across firms. Our baseline …

We develop a framework in which the host country productivity has a positive effect on the intensive margin (the size …-country productivity has a negative effect on the extensive margin. An increase in the host-country corporate tax rate reduces the actual …

This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity … (CDM model). Our econometric results suggest that overall the systems driving innovation and productivity are remarkably …

-house confers a sector-neutral productivity advantage facilitating within-firm structural transformation. Consistent with the model …

Aggregate data show a large and decades-long decline in construction sector productivity. This decline in such a large … sector has had a material effect on secular productivity growth for the economy as a whole. Prior work has focused on the … role of potential measurement problems in construction, particularly output deflators in the measurement of productivity …

An important gap in most empirical studies of establishment-level productivity is the limited information about workers …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …-access establishment-level productivity dataset created by the BLS-Census Bureau Collaborative Micro-productivity Project. We take a first …

-level productivity evolution and the equilibrium market configuration. A counterfactual experiment reveals that a 15% R&D subsidy …