Estimates produced by the OECD indicate that labour productivity levels are higher in a number of European countries … argues that a structural measure of labour productivity, closer to a measure of technical efficiency, would take into account … employment rate and hours of work in terms of productivity and that once these effects are taken into account, the United States …

Major European countries, unlike the United States, did not experience an acceleration in labour productivity growth in … 1980-2000 period. They find that total factor productivity growth picked up considerably in the second half of the 1990s … relative to the first half, but that labour productivity growth actually decelerated. This latter development was related to …

significant productivity breaks have occurred in all industries, both at the frontier and for laggard firms, suggesting a decline … in the contribution of technological progress to productivity growth. Second, the median labour share is always higher … productivity dispersion, with a growing productivity gap between frontier and laggard firms. It appears also that reallocation has …