We study an OLG economy where productivity growth comes from two alternative sources: process innovation and learning …

foster R&D spending and innovation, leading to a persistent increase in aggregate productivity and output. In contrast …, changes in the average personal income tax rate have mostly short-term effects. An estimated endogenous productivity model …

This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor … productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 … Indian manufacturing industries. The paper then analyses the factors explaining productivity growth, technical change and …

economy, there has been a tragic neglect of low end human capital investment for productivity gains in mass manufacturing …