the next five years. The reasons behind this slowdown differ across the region. Lower productivity growth drives the … productivity growth is key to unlocking the region’s higher growth potential. For oil importers, raising physical capital …

This paper assesses the ‘one big wave’ in multi-factor productivity (MFP) growth for the United States since 1870. The … mysterious doubling in the ratio of output to capital input when the postwar era is compared with 1870-1929. Measurement … the measurement of capital. A new MFP series taking account of all these adjustments grows more slowly throughout, and the …