Verdoorn's law refers to a statistical relationship between the long-run growth rate of labour productivity and the … labour productivity. Quarterly US data for 1987-2007 is used to test the pattern implied by the law. Results show that … manufacturing production and labour productivity are variables that are integrated of order (1,1), and are also cointegrated. The …

, help provide answers to the latter question. A persisting productivity windfall associated with the build out of the …

The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in … with the United States can be accounted for by our slower labour productivity growth. In the first half of the period our … of productivity growth in the United States after 1995 was responsible for our relative deterioration in living standards …

The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a … implemented technology is chosen jointly with inputs to interpret information obtained in the empirical analysis of panel data … augmenting the role of capital, in combination with productivity gains, as a driver of agricultural growth. The results indicate …

1990s, provided that variations in population growth, depreciation rates, total factor productivity, and taxes are …. We use the theory to compare current accounting measures for labor productivity and investment with the corresponding … understate the boom in productivity and investment …

panel of IP and non-IP sectors. We find that a single common factor explains 89% of IP output growth and 61% of total GDP …