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appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … labour shares, growth in labour and total factor productivity, and capital deepening. We find (a) MGVA was understated by … productivity and capital deepening has been understated and growth in total factor productivity overstated (e) total factor …
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In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and … had a significant effect on German sectoral productivity growth in the sixties and seventies. Some part of the catching …-up is due to capital-deepening, but most of it is total factor productivity convergence, i.e. endogenous growth models …
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State crop, livestock, and aggregate agricultural total factor productivity (TFP) data, 1950-82, are examined for …
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, help provide answers to the latter question. A persisting productivity windfall associated with the build out of the …
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The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity … productivity. We first estimate the determinants of knowledge flows across 141 sub-national regions in 19 countries of Europe and … productivity of R&D resources in generating innovation (patenting) and productivity (TFP). While we find that knowledge diffusion …
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Remittance inflows are driven by macroeconomic conditions in the home and the host economies, respectively. In this paper, we study the effect of U.S. monetary policy on remittance flows into economies in Latin American and the Caribbean. The role of Fed policy for remittances has not yet been...
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