The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …

industries, which account for 45% of all Spanish exports. Finally, granularity explains around one-third of the growth in Spanish …Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in … 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over …

Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …

growth. A summary of what we learn from the econometric results concludes the paper. …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …

increases employment and average wages. Gains in productivity and employment are particularly large when firms enter exports …