values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

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 …

are characterized by higher productivity levels than exporters on average, the productivity ranking predicted by Helpman …

and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … competition can consider the entire banking market only. A caveat of the Boone-indicator may be that it assumes that banks …

Policy makers in Europe have been concerned that lack of product market competition have led productivity to lag behind … productivity. On the one hand increasing competition lowers firm's profits and thus reduces incentives to exert effort (the … between product market competition and productivity levels and growth rates. The introduction of the European Union Single …

This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at … technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence …

This paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …