phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a … economies. An important aspect of relative decline is a progressive secular slowing down of productivity growth. Another is the … driver of international resource transfers. Particular attention is paid to an empirical analysis of the profitability of the …

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 …