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The paper presents results for the development of total factor productivity (TFP) growth for 35 industries. It analyses the medium-term and long-term trends in these industries during the last two decades. The method used for the calculation was first proposed by Hulten (1986). It takes into...
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The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 developed countries. Besides studying individual long-term trends of single countries using filtering techniques we also test for multiple structural breakpoints in the long-term...
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This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the perspective of a business cycle researcher who wants to use the available information in time series of aggregate labor productivity to derive a model for short- and/or...
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