In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … variables reestablishes the productivity effects, but still rejects positive wage effects and skill-biased technological change …

In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … workforce variables reestablishes the productivity effects, but still rejects positive wage effects and skill …

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 …

We study the convergence, or lack thereof, of total factor productivity and real GDP per worker for a pooled (cross … estimate total factor productivity from a parsimonious specification of the aggregate production function involving output per … and conditional convergence of total factor productivity and real GDP per worker, using cross-section and cross …

Two different approaches are used in this article to study productivity per employee: the determinants of its growth … shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent … paper, the employment rate and productivity exhibit a significant negative relationship, arising from the concentration of …

increase both the quantity and the productivity of labour employed in the economy. It analyses how strategies to upgrade and … move to a virtuous circle of higher productivity, employment and incomes growth, and development.This report also examines …

This collection of essays on Verdoorn's Law - the relationship between the growth of industrial productivity and output …