real wages have not kept pace with productivity growth. This means that labour’s share of total income has fallen and … capital’s share has risen. This paper also shows that many other OECD countries have experienced a falling labour share in …

The recession left its mark on global productivity, which fell in 2009. The productivity growth differential between … the United States and Europe increased dramatically in 2009. Average long-term growth of labour productivity in advanced … economies has stalled since 2000. The gradual improvement in world productivity is due to emerging and developing economies. In …

(during 1971-2005): capital, labour quality and total factor productivity (TFP). It was found that there is a general slowdown …Productivity is a key driver for economic growth and prosperity in any country. The pursuit of productivity growth … requires an understanding of the factors affecting productivity. The trend of productivity growth, along with the possible …

in total factor productivity (TFP), remains the main driver of GDP growth. Moving forward, given the expected moderation … of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …

lower productivity of labor in medium and small firms. Therefore, an increase in capital may lead to an increase in labor …Input-output relationship, marginal productivity and marginal rate of technical substitution provide a useful insight … to substitute capital for labor for producing the same level of output. On the other hand, scarcity in capital leads to …

The measurement of productivity change (or difference) is usually based on models that make use of strong assumptions … such as competitive behaviour and constant returns to scale. This survey discusses the basics of productivity measurement …

relationship between human resource development, labour and the capital investment and related productivity in the Nigerian … model can be influenced by human capital inputs was further applied to determine the extent to which productivity and … addition, information on the quantitative relationship between manpower developments, labour, and capital investment and the …

The article studies the cross-industry relation between production, investment and productivity in American … direct relation between investments and productivity can be observed in the presence of increasing returns by which when the … output rises there is a rise both in output per employee and in output per unit of capital employed. For the same reason, the …

The age structure of capital plays an important role in the measurement of productivity.It has been argued that the … capital data into a measure of rates of obsolescence.Empirically, the correction of productivity growth for the vintage effect … of capital stock in efficiency units does cause some smoothing of Total Factor Productivity growth over time.In the 1950s …

This paper explores the relationship between capital composition and productivity using a unique and remarkably … capital types, including computers, communications equipment, and software, are associated with current and subsequent years …’ productivity. The implied marginal products are derived and compared to official data on rental prices; substantial differences …