The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

We show that an increase in aggregate uncertainty - measured by stock market volatility - reduces productivity growth … uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment … difference-in-difference approach using productivity growth of 25 industries from 18 advanced economies over the period 1985 …

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 …

in these tasks are designed to be used by skilled workers, productivity in the LDCs will be low. Even when all countries … factor productivity and output per worker. Our theory also suggests that productivity differences should be highest in medium … effect on the direction of technical change and on productivity differences …

This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of …

This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of …

The present study examines cross-national and sectoral differences in Total Factor Productivity (TFP) in fourteen …

We investigate the link between credit booms, productivity growth, labour reallocations and financial crises in a … undermine productivity growth by inducing labour reallocations towards lower productivity growth sectors. A temporarily bloated …