This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on … productivity differ between the pre- and post-World War II periods. The pre-war period shows evidence of a productivity slowdown as …

role in the partial recovery of labor productivity growth since the mid 1980s. The largest contribution to that (partial … output. We find that public capital accounts for about half of the post-1973 productivity slowdown, but only plays a minor …

-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia … productivity best practices over the past 16 years, and have benefited from the diffusion of Information and Communication …''s productivity performance and adoption of ICTs …

has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth … accounting for approximately 5 percent of productivity growth. There is a small negative effect of less than half a percent on …This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 …

of standard Real Business Cycle models, a positive shock to the underlying rate of total factor productivity growth … growth, but points to factor utilization as the main driver of business cycle fluctuations. In contrast with the predictions …

total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by … data, we cannot disentangle its effect on productivity from those of more traditionally recognized channels of …

productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a … large sample of countries. We find that de jure capital account openness has a robust positive effect on TFP growth. The … effect of de facto financial integration on TFP growth is less clear, but this masks an important and novel result. We find …

We investigate the long-run relationship between the real exchange rate, traded and nontraded productivity levels, and … find that in 1991 (the last year productivity data are available) there is less overvaluation of the U.S. dollar than that …

US dollar real exchange rates, we derive long-run coefficients for relative productivity and competitiveness in the …