productivity (TFP). In this article, we summarize a recent literature - and the articles in this special issue on misallocation and … productivity - that focus on the reallocation of factors across heterogeneous production units as an important source of measured …

United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …How big a boost to long run growth can countries expect from the ICT revolution? I use the results of growth accounting … and the insights from a two-sector growth model to answer this question. The use of a two-sector rather than a one …

This paper inquires into radical innovations and into their role to promote economic growth. Can an economic system … growth will eventually peter out without the essential contribution of new sectors in the economy. In terms of evidence, it …

This paper presents a growth model where the technological externality (learning-by-doing) generated by ICT is the key … consuming aims. Therefore, hi-tech consumption may emerge as a complementary source (with respect to investment) of growth in … the industrialized countries as, here it is shown, for the U.S. productivity resurgence of the mid-Nineties …

Do intermediate goods help explain relative and aggregate productivity differences across countries? Three observations … standard multisector growth model accommodating these features to show that inefficient intermediate production strongly … depresses aggregate productivity and increases the price ratio of final goods to services. Applying the model to data for middle …

United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …How big a boost to long run growth can countries expect from the ICT revolution? I use the results of growth accounting … and the insights from a two-sector growth model to answer this question. The use of a two-sector rather than a one …

productivity. This framework is based on a multi-sector equilibrium model with sector-specific frictions in the form of taxes on …, this framework is consistent with that commonly used in productivity analysis. I apply this framework to measure the extent … to which resource misallocation explains the difference in aggregate productivity across developed countries. I find that …

first analysed through a growth-accounting decomposition, then through the long term determinants of income elasticity of … imports. The second part looks at the implications of global manufacturing for our understanding of the supply-side growth …

in the effect and size of productivity shocks explain most of the gap in misallocation between manufacturing and services …, while the remainder is explained by differences in firm productivity and age distribution. We interpret these results as …

The present paper analyzes the impacts of total labor productivity and efficiency in Oman State. As a Gulf state it has … industries relative to abundant fishing potentials, labor productivity and technical changes in addition to available capital are …