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this paper investigates the potential bias arising when aggregate economy data instead of sectoral data is adopted in macro … economy made up of agricultural and manufacturing sectors we confirm substantial bias in the technology coefficients and thus … any total factor productivity measures computed. Our empirical findings imply that sectoral structure is of crucial …
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, federal government activities could have substantially contributed to productivity growth. A review of the German experience … the public sector with regard to productivity growth, since the results indicate that a smaller budget share of the state …
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The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 …-term productivity trends using state-space approaches, we extract a common factor from these long-term trend series using factor … analysis. The country specific differences are only of second order importance. Dominant is an overall long-term productivity …
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