Marrano, Mauro Giorgio; Haskel, Jonathan; Wallis, Gavin - School of Economics and Finance, Queen Mary - 2007
performance appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement …, capital and labour shares, growth in labour and total factor productivity, and capital deepening. We find (a) MGVA was … labour productivity and capital deepening has been understated and growth in total factor productivity overstated (e) total …