values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …

financial performance, labor productivity, employment, quits, absenteeism, industrial relations climate, and plant closings …

financial performance, labor productivity, employment, quits, absenteeism, industrial relations climate, and plant closings …

Many sectors of the UK economy experienced rapid productivity growth over the 1980's. This coincided with an increase … use more intermediate goods. They also pay their workers higher wages. Differences in levels of total factor productivity …

Low pay poses issues for managers internationally. We examine productivity in low-paying sectors in Britain, since the …-incentives channel and linking it to a model of unobserved productivity. We estimate firm-specific productivity measures and aggregate … aggregate low-paying sector productivity. These findings highlight increased wages' incentive effects with implications for …

services in output and its integration in the world economy. Productivity growth in the United Kingdom has consistently … financial crisis. Sluggish productivity growth in the service sectors was the main factor behind this weak performance. Raising … productivity will help to sustain employment and wages but will require a broad range of policies. Keeping low barriers to trade …

This paper examines the link between barriers to trade and investment and productivity performance, in the United … a robust determinant of productivity in the long term. Control variables such as spending on R&D and human capital also … range of productivity measures as well as to changes in the sectoral coverage and the set of controls. …

productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …

We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and … which increased the costs of opening large stores. This might have caused a slowdown in productivity growth if firms (a … productivity works out at about £80,000 per small chain supermarket store. -- Productivity ; retail ; regulation …