below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …

relationships between product diversification, business group affiliation and firm performance in two major economies in Asia. India … Rumelt (1974) implicitly assumed that the diversification-performance relationship is consistent, regardless of the macro … macroeconomic environments. Further, studies linking diversification with firm performance have been carried out mainly in …

that financial development has important consequences for efficiency and specialization (or diversification) of investments …

How have labor market institutions and welfare-state transfers affected jobs and productivity in Western Europe … wage bargaining has saved jobs throughout the postwar period, with no cost in terms of productivity. The welfare state …

We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …

linking this to productivity, which turns out to be important. The paper also provides an example of modeling productivity …

to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …