stages, total factor productivity growth becomes the primary driver. (Copyright: Elsevier) …

investment behavior. In particular, it is asked how the rate of technological advance, the compatibility between capital stocks … of different vintages, and the extent of learning-by-doing affect investment behavior. The model sheds light on the … "information technology productivity paradox." The results suggest that the paradox may just be an artifact of the estimation …

productivity (TFP). In this article, we summarize a recent literature — and the articles in this special issue on misallocation … and productivity — that focus on the reallocation of factors across heterogenous production units as an important source …

labor supply margin to assess the quantitative contribution of productivity and life expectancy in explaining educational … productivity. (Copyright: Elsevier) …

Trends in gross domestic product (GDP) and total factor productivity (TFP) growth in the former socialist economies …-run performance between centrally planned economies and market-oriented ones. Long-run growth rates of output and productivity are …

main driving forces were productivity growth and the declining cost of transportation. International immigration played a …

response to such a shock, employment, output, and nonresidential investment rise, while real wages, residential investment and … non-residential investment is consistent with this evidence. (Copyright: Elsevier) …

theory of the stock market that breaks the equivalence between the returns to equity and capital. (Copyright: Elsevier) …