This paper addresses the empirical relationship between the level of competition and the rate of productivity growth … level of competition for each sector that is defined by the mark-up that maximizes the growth rate of labor productivity … productivity growth during the period (1.86%). Hence, long-term productivity growth could have reached 2.25% if mark-ups had been …

This paper addresses the empirical relationship between the level of competition and the rate of productivity growth … level of competition for each sector that is defined by the mark-up that maximizes the growth rate of labor productivity …. The information technologies Sectors have the highest mark-ups for maximizing productivity growth. The persistence of …

literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …

We show theoretically and empirically that standard methods give downward biased estimates of productivity growth if … technical change is factor-biased. We show how to correct for this bias and construct more reliable measures of the productivity …-CES productivity database for the United States over the years 1958–2011. The bias is especially large in the last decade, making our …

–2000, distinguishing between measures of productivity gains actually obtained in a given country (TFP growth, Malmquist index) and …

that IT is contributing to labor productivity growth through both increases in the levels of IT capital per worker and … total factor productivity (TFP) growth in the production of IT equipment. The main outstanding issue is whether IT is …

of a productivity slowdown and nonmonotonic transition toward a balanced growth path, due to the adoption cost. The …