Nishida, Mitsukuni; Petrin, Amil; Polanec, Sašo - National Bureau of Economic Research (NBER) - 2013
Two recent meta-analyses use variants of the Baily, Hulten, and Campbell (1992) (BHC) decompositions to ask whether recent robust growth in Aggregate Labor Productivity (ALP) across twenty-five countries is due to lower barriers to input reallocation. They find weak gains from measured...