values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …

financial performance, labor productivity, employment, quits, absenteeism, industrial relations climate, and plant closings …

financial performance, labor productivity, employment, quits, absenteeism, industrial relations climate, and plant closings …

Many sectors of the UK economy experienced rapid productivity growth over the 1980's. This coincided with an increase … use more intermediate goods. They also pay their workers higher wages. Differences in levels of total factor productivity …

services in output and its integration in the world economy. Productivity growth in the United Kingdom has consistently … financial crisis. Sluggish productivity growth in the service sectors was the main factor behind this weak performance. Raising … productivity will help to sustain employment and wages but will require a broad range of policies. Keeping low barriers to trade …

This paper examines the link between barriers to trade and investment and productivity performance, in the United … a robust determinant of productivity in the long term. Control variables such as spending on R&D and human capital also … range of productivity measures as well as to changes in the sectoral coverage and the set of controls. …

Low pay poses issues for managers internationally. We examine productivity in low-paying sectors in Britain, since the …-incentives channel and linking it to a model of unobserved productivity. We estimate firm-specific productivity measures and aggregate … aggregate low-paying sector productivity. These findings highlight increased wages' incentive effects with implications for …

We compute the productivity gaps in manufacturing industries by urban, rural less sparse and rural sparse locations in … productivity differentials across locations by decomposing them into firm differences within the same industry and by differences …-urban divide in manufacturing productivity still remains but there is a tendency of convergence between rural and urban location …

This paper examines the causal relationship between foreign mergers and acquisitions and firm productivity in the UK … positive aggregate effects on labor productivity due to capital deepening but not due to changes in TFP. -- Cross …-border mergers and acquisitions ; Productivity ; Firm heterogeneity …