productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …

Schumpeter argued that entrepreneurial finance causes the absorption of innovation in the economy and productivity … the present study, we examined the impact of the primary equity market on total factor productivity (TFP) and non …