In this paper, we aim to bring the debate on the global productivity slowdown – which has largely been conducted from a … macroeconomic perspective – to a more micro-level. We show that a particularly striking feature of the productivity slowdown is not … so much a lower productivity growth at the global frontier, but rather rising labour productivity at the global frontier …

A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …

This paper explores the contribution of structural change and the skill upgrading of the labour force to productivity …. Our growth decomposition based on an original database we built for Tunisia and Turkey shows that productivity is mainly … explained by intra-industry changes during the import substitution period. Second, we show that this productivity increase has …

from country industry variation in the adoption of robots. Our model also implies that the productivity implications of … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …

robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …

Using US data for the period 1959-2007, we identify sectoral productivity shocks and capital investment-specific shocks …

Using US data for the period 1959-2007, we identify sectoral productivity shocks and capital investment-specific shocks … percent of the variation of output in the non-R&D sector. -- Cycles ; Productivity Shocks ; Investment-specific Shocks ; R …

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …