demand, borrowing-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes … on average firm-level productivity growth across regions into these channels. We then structurally estimate the model and … growth of firm-level productivity and cash-ow and higher export entry rates. We find negative average effects for firms in …

-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …

robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …