technological change and productivity growth takes place in an economy. Quite normally, some 30-50% of an industry's productivity … growth is due to this particular mechanism. Disruptions to this mechanism would have considerable effects on productivity …

technological change and productivity growth takes place in an economy. Quite normally, some 30-50% of an industry's productivity … growth is due to this particular mechanism. Disruptions to this mechanism would have considerable effects on productivity … growth and thereby the improvement of living standards. -- Job and worker flows ; working conditions ; productivity …

&D efforts. Traditionally, the effects of R&D on productivity have been assessed from an econometrically estimated production … modelling the improvement of technology and the growth of total factor productivity. In this case, the residual of the … production function, which reflects total factor productivity, consists of two multiplicative components. The first component is …