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 …

, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …

The sharp increase in equity prices over the 1990s was widely attributed to permanently higher productivity growth …, which shows that under plausible assumptions, productivity advances can only have temporary effects on the fundamentals of … equity prices. Using historical data on productivity of R&D capital, patent capital and fixed capital for 11 OECD countries …

the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage …

, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth …

hiring and firing of workers, labour reallocation and productivity growth. It also reviews how workers affected by labour … labour market flows and these flows, in turn, have significant impacts on productivity growth. At the same time, the evidence …