realistic dispersion of income levels with modest barriers to technology adoption. Human capital and physical capital contribute … to income differences both directly (as usual), and indirectly by boosting resources devoted to technology adoption. The …

of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …

Employment protection affects aggregate productivity via several channels in potentially contradicting ways, which … factors across plants, which has been shown in past studies to substantially reduce aggregate productivity. The study provides … product of labor and total factor productivity. The results show that higher cost of dismissing redundant workers is …

The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …

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 …

The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …

developing countries to reap greater growth gains from technology acquisition and catch-up. Second, the paper uses descriptive …