In this paper, we assess the role of investment in research and development (R&D) and economic policy uncertainty (EPU … the evolution of total factor productivity (TFP) in the country. Using historical time series data (1980-2018), we find …, although it is short-lived. Our findings are robust and have important implications for R&D investment and for moderating EPU. …

What accounts for differences in output per capita and total factor productivity (TFP) across countries? Empirical … in a general equilibrium model of establishment productivity where the distribution of productivity is characterized in … productivity improvement thereby altering the productivity distribution and equilibrium prices (dynamic effect), further lowering …