Panel data on thirteen two-digit US manufacturing industries were analysed using a random coefficients approach to determine the behaviour of total factor productivity growth rates and price—marginal cost ratios during recessions and expansions. Results show: (1) productivity growth is...

A cross-sectional analysis was performed on the NBER Manufacturing Productivity database (450 four-digit industries) to investigate the behaviour of total factor productivity growth rates (PROD) and price-marginal cost ratios (PMC) in US manufacturing industries. This analysis allows for...

This paper examines the relationship between quality of democratic governance and the judicialization of public policy. It is an attempt to go beyond the conventional argument that the policy “losers” (those that cannot achieve their policy goals through the traditional policymaking venues)...