productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p.a. Based on a cross …

is the source of the balanced productivity growth. We study how the economy responds to shifts in sector … sector-specific productivity in the non-manufacturing sector increases, the growth rate remains unchanged because the non …We develop an endogenous growth model with two sectors, manufacturing and non-manufacturing. The manufacturing sector …

The neoclassical growth model assumes fixed labor supply and competitive labor markets. Is it harmless to ignore … monopsonistic power in the neoclassical growth model? The paper argues that it is not, especially if a growth model needs to be … consistent with the long-run dynamics of the labor share. This paper solves a minimalist growth model with monopsonistic power at …

The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and …

growth and employment, and an overlook on the impacts of different policy measures on companies. The role of large companies … employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of … help firms to grow larger but do not improve their productivity. …

theoretical framework is presented wherein productivity growth is modelled through knowledge acquisition with respect to labour …This paper addresses the link between productivity and labour mobility. The hypothesis tested in the paper is that … knowledge is then diffused within the new environment creating spillovers and leading to productivity improvements. A …

legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …

In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …

We analyze the dynamic interaction of Japan's total factor productivity, gross domestic product (GDP) domestic and … effects of permanent policy changes shows that (i) additional public R&D encourages private R&D and total factor productivity … (TFP), and has higher internal rates of return than private R&D changes and therefore could speed up Japan's growth; (ii …