The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …

The productivity of an economy is an indicator of its performance and at the same time a decisive factor for future … material prosperity. Usually, the focus is on labour productivity. This article looks at an alternative productivity measure …, multifactor productivity. It is not yet part of the publication programme of official statistics in Germany but can be calculated …

This paper studies how different unionisation structures affect firm productivity, firm performance, and consumer … tougher selection among hetero- geneous producers and thus increases average productivity, firm-level bargaining allows less … model to a two-country setup, I furthermore show that the positive effect of centralised bargaining on average productivity …

This paper investigates the productivity effects of inward and outward foreign direct investment using industry and … country. Our results show that there are, on average, productivity benefits from inward FDI, although we can identify a number … of countries which, on aggregate, do not appear to benefit in terms of productivity. On the other hand, a country's stock …

estimation results, we relate productivity estimates with import competition, using firm and product level measures of import … competition. We find that if productivity at the firm level tends to positively react to increased import competition, the multi … efficiency in producing that core product, in which it has a productivity advantage. However, when the degree of foreign …

The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …

the country to target the world as its market. This research discusses the role of international trade in China's economic … improvement in productivity. Both econometric and non-parametric approaches are applied based on a 6-year balanced panel data of … international trade volume and trade structure towards high-tech exports result in positive effects on China's regional productivity …