The “killer application” of the new framework for productivity measurement presented in this paper is the impact of … information technology (IT) on economic growth. A consensus has emerged that the remarkable behavior of IT prices provides the key … to the surge in U.S. economic growth after 1995. The relentless decline in the prices of information technology equipment …

Labor productivity (LP) in the United States has gone from being procyclical to acyclical since the mid-1980s. Using … industry-level data, this paper first shows that total factor productivity (TFP), which is LP net of capital deepening, has … reasons for the change in the cyclicality of productivity. By decomposing TFP into technical change and input utilization, it …

This research study will examine how labor manages productivity advances and crisis response in both the United States …

inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …

integration of three strands of work linking healthcare cost to technology and research evidence on sectoral productivity … progress, productivity, and cost: three important dimensions of the evolving modern healthcare systems. It provides a logical …

recently. In particular, takeovers by foreign firms raise suspicions of technology theft and job cuts at the newly acquired … of positive effects emerge. With respect to takeovers of German companies by foreign investors, the productivity and … international, we find positive productivity and sales effects for relatively small companies investing abroad, and this …