We examine the contribution to labor productivity growth in the manufacturing sector of investment in different intangible asset categories-computerized information, innovative property, and economic competencies-for a set of 18 European countries between 1995 and 2017, as well as whether this...

We show that Autor and Salomons' (2017, 2018) analysis of the impact of technical progress on employment growth is problematic. When they use labor productivity growth as a proxy for technical progress, their regressions are quasi-accounting identities that omit one variable of the identity....

The debate about whether technical progress causes technological unemployment, as the Luddites argued in the early 19th century, has recently resurfaced in the context of new technologies and automation and the so-called Fourth Industrial Revolution. We review the main issues and then consider...

Productivity growth is slowing down among OECD countries, coupled with increased misallocation of resources. A recent strand of literature focuses on the role of non-viable firms (“zombie firms”) to explain these developments. Using a rich firm-level dataset for one of the OECD countries...

The transition from low-income developing countr y to high-income developed country involves a deep process of structural transformation in which the productive structure of an economy changes. In this paper we examine this process of structural chan ge and its link to productivity growth for a...