Economists, business analysts, and policymakers have all focused considerable attention on U.S. productivity growth in … recent years. This paper presents a broad overview of productivity both labor and total factor and discusses why it is such … an important topic. We begin with the official U.S. productivity statistics prepared by the U.S. Bureau of Labor …

Economists have long debated the best way to explain the sources of productivity growth. Neoclassical theory and 'new …, and research and development efforts - as a critical source of productivity growth, but they differ in fundamental ways … differences, both theories help explain productivity growth. The methodological tools of the neoclassical economists allow one to …

In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …

the bulk of productivity gains in the United States …

Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that many analysts …, leading to a lively debate about the connection between IT and productivity and about the sustainability of the faster growth … acceleration in labor productivity after 1995 was driven largely by the greater use of IT capital goods and by the more rapid …

impact on firm productivity and labor share. Our analysis relies on the survey responses in 2018 of 1,065 French firms …: ceteris paribus, the employment of ICT specialists and the use of digital technologies improve a firm’s labor productivity by … about 23% and its total factor productivity by about 17%. Conversely, the employment of in-house ICT specialists and the use …

specifications and estimation methods. Most results show a productivity effect from IT-use, but the point estimate of the elasticity … is fragile and depends on the details of the estimation …

using new time-varying measures of process innovations, validated by patent examiners, from 1900 to 2020 across 60 countries … process innovation contribute differently to growth and productivity convergence towards the U.S. for countries with different …

The sustained increase in productivity gains from the spread of ICTs may increase potential output growth in the medium … to long term via capital deepening effects and total factor productivity (TFP) gains, and in the short to medium term via … the lagged adjustment of wages to productivity gains. The orders of magnitude resulting from the assessment data presented …