Structural change is an important driver of productivity growth at the aggregate level. While previous productivity … to another. We develop an improved productivity decomposition that accounts for both intra-industry and inter … productivity to the industry level. The proposed decomposition is applied to Finland's information and communication technology …

This paper quantifies the impact of effective corporate tax rates on aggregate total factor productivity (TFP). Using …

productivity (TFP) growth that range from -0.15 to -0.98 percentage points at their peak negative response. Cross …

several methods to decompose total factor productivity growth into secular and unexpected components. All our empirical …

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 …

We show theoretically and empirically that standard methods give downward biased estimates of productivity growth if … technical change is factor-biased. We show how to correct for this bias and construct more reliable measures of the productivity …-CES productivity database for the United States over the years 1958–2011. The bias is especially large in the last decade, making our …

-Output Database, we show that market share reallocation has a markedly larger effect on productivity change than innovation. … productivity gains. Contrary to previous work that neglects dependencies between suppliers in global value chains, we explicitly … account for input linkages that impact both channels of productivity improvement. Using sector-level data from the World Input …

This paper addresses the empirical relationship between the level of competition and the rate of productivity growth … level of competition for each sector that is defined by the mark-up that maximizes the growth rate of labor productivity …. The information technologies Sectors have the highest mark-ups for maximizing productivity growth. The persistence of …