level of total factor productivity (TFP) at industry level across countries in downstream sectors. As such, this is the …

document dramatic distortions in banks' efficiency, productivity growth and scale elasticity estimates when the endogeneity of …

Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of … Knowledge-Based Capital (KBC), despite having a positive effect on productivity at the micro level, is a driver of the weak … productivity performance at the aggregate level, by accentuating divergence between a group of "frontier" firms and the rest of the …

, which in turn feeds back to slower productivity growth. During the decade ending in 2014:Q4, U.S. real GDP grew at only 1 … productivity growth combine diminishing returns that have set in following the ICT revolution of the 1996-2004 "dot.com" era with a … activity among youth. While future productivity growth will be slower than before 2004, it will still continue as in the past …

increasing globalisation. In this paper we extend this type of analysis and integrate the effects on productivity growth …, theoretically and empirically. Productivity growth is introduced into the theoretical model making use of the Verdoorn effect or of … productivity growth. Further on, a costpush or Marx/Hicks-effect and hence a positive impact of real wage growth or the wage share …