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 …

Aggregate productivity and aggregate technology are meaningful but distinct concepts. We show that a slightly modified … Solow productivity residual measures changes in economic welfare, even when productivity and technology differ because of …-technological gaps between productivity and technology, gaps reflecting imperfections and frictions in output and factor markets …

Economic analysts have used trends in total factor productivity (TFP) to evaluate the effectiveness with which … economies are utilizing advances in technology. However, this measure is problematic on several different dimensions. First, the … idea that it is possible to separate out the relative contribution to economic output of labor, capital, and technology …

of Technical Change and Productivity Growth Hulten or Jorgensen -- 6. Index Numbers Balk (provisionally agreed) -- 7 …

Change and Productivity Growth Hulten or Jorgensen -- 6. Index Numbers Balk (provisionally agreed) -- 7. Market Structures … Analysis Subal Kumbhakar--agreed -- 15. Data Envelopment Analysis Subhash Ray--agreed -- 16. Functional Structure and … Aggregation Dan Primont -- 17. Cost, Revenue, Profit Function Estimation—Lau—written to -- 18. Economies of Scale, Size, and Scope …