In this paper we explore variables that may have an impact on multifactor productivity (MFP) in the long-run using the … level of industry MFP. The speed of adjustment varies significantly by industry. -- Productivity …

The authors provide an extensive review of the rapidly expanding research on productivity, both at the macro and micro …, especially the United States, where such work sheds important light on particular aspects of productivity growth. The authors … identify areas for further research. -- Productivity …