growth - the few that exists show that there is a positive relationship between debt and future productivity growth … productivity; ii) the strength of this association declines in employment of the firm; iii) there is diminishing returns to … leverage in terms of its impact on productivity but we don't see a threshold beyond which the returns drop; iv) aggregate …

-adjusted index of labor services. We find that Total Factor Productivity (TFP) growth decreases significantly when using the latter … method. This means that when using the alternative method one explains more of the growth in labor productivity than what a …

This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …

Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …

This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …

accounting framework to decompose trend GDP growth into changes in capital, labour services, and total factor productivity, we …

Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …

This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total … factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their … factor productivity growth (TFPG) index. These are easiest to understand for the case in which the index number problem is …

international trade volume and trade structure towards high-tech exports result in positive effects on China's regional productivity … the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy …

We present the first comprehensive set of firm-level total factor productivity estimates for China's manufacturing … sector that spans her entry into WTO. We find that productivity growth is among the highest compared to other countries. For … our preferred estimate, the weighted average annual productivity growth for incumbents is 2.7% for a gross output …