& transportation are the main source of knowledge flows to the overall economy for the entire period. However, the productivity …

accumulation of human capital. Based on a perpetual inventory estimation procedure we construct an aggregate measure of the stock …

We develop and estimate a new model of endogenous growth in bank efficiency and firm productivity in which banks adopt …-good-producing entrepreneurs. In this framework, bank efficiency influences firm productivity by affecting agents' occupational choices, while firm … productivity affects bank efficiency through the relative price of capital goods. We find that increasing technology adoption in …

analysis to decompose patent data in different digital technologies for various countries into global and country …

We present a model for studying regional and sectoral variation in total factor productivity (TFP) and develop an … neoclassical view that deviations from the frontier reflect only idiosyncratic productivity shocks. We argue that positive skewness …

acceleration in productivity, and the growth in computer power from 1940 to 2001 has averaged 55 percent per year. Third, this …