or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …

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 …

with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a … (or, equivalently, the wage-productivity gap) deserves the attention of policy makers. …

appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … labour shares, growth in labour and total factor productivity, and capital deepening. We find (a) MGVA was understated by … productivity and capital deepening has been understated and growth in total factor productivity overstated (e) total factor …

technologies, associated with high total factor productivity and high returns to skills, are complementary to highly educated …

in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the …

rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural … previous research the LFPRs of Australia, Canada and the USA are stationary implying that the informational value of the …