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labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …
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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 …
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The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast to the rapid declines reported from the mid-1980s to the early 2000s. This slowdown in the rate of decline is puzzling in light of evidence that...
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This study investigates induced productivity effects of firms introducing new environmental technologies. The … literature on within-firm organisational change and productivity suggests that firms can achieve higher productivity gains from … associated with lower productivity, the simultaneous implementation of green technologies and organisational innovations is not. …
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