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 …

. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both … public-to-private and private-to-private buyouts. Target productivity gains are larger yet for deals executed amidst tight … sharply curtails productivity gains in public-to-private and divisional buy-outs. Average earnings per worker fall by 1.7% at …

productivity by as much as 6%, suggesting large "productivity costs" of business cycles. …

This paper shows that rising real estate prices reduce industry productivity, because they lead to a reallocation of … labor towards inefficient firms. This has significant negative consequences for aggregate industry productivity. I find that … industries with stronger growth in real estate value see a significant reduction in total factor productivity growth. A 10 …

most recent data available. It examines the determinants of these flows and their relationship with the productivity growth …, shifts of employment labour between industries have generally not contributed positively to aggregate labour productivity … rates within industries are found to be strongly related to multifactor productivity and labour productivity growth at the …

most recent data available. It examines the determinants of these flows and their relationship with the productivity growth …, shifts of employment labour between industries have generally not contributed positively to aggregate labour productivity … rates within industries are found to be strongly related to multifactor productivity and labour productivity growth at the …

find that relatively efficient (high total factor productivity (TFP)) firms exited while relatively inefficient (low TFP …. -- Total factor productivity ; Entry and exit ; Natural selection ; Directional selection ; Disruptive selection ; Evolution …

This paper presents accounting decompositions of changes in aggregate labor and capital productivity. Our simplest … decomposition breaks changes in an aggregate productivity ratio into two components: A mean component, which captures common changes … to firm factor productivity ratios, and a dispersion component, which captures changes in the variance and higher order …

This paper presents accounting decompositions of changes in aggregate labor and capital productivity. Our simplest … decomposition breaks changes in an aggregate productivity ratio into two components: A mean component, which captures common changes … to firm factor productivity ratios, and a dispersion component, which captures changes in the variance and higher order …