productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …

We show that an increase in aggregate uncertainty - measured by stock market volatility - reduces productivity growth … uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment … difference-in-difference approach using productivity growth of 25 industries from 18 advanced economies over the period 1985 …

technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence … overall productivity growth. This implies that there is no reason to believe that potential output growth in the euro area has …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … there have been positive and persistent technology spillovers to sectors intensively using ICT. Second, neglecting leasing …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … there have been positive and persistent technology spillovers to sectors intensively using ICT. Second, neglecting leasing …

economy through spillovers. This study examines the effect of Multinational Companies (MNCs)' R&D intra-industrial spillovers … on total factor productivity (TFP) using firm-level data from Indonesia between 2017 and 2019. To address the cross …-industrial spillover from foreign companies. The findings indicate that intra-industrial R&D spillovers from MNCs negatively impact TFP …

behind slow productivity growth in Canada in the second half of the 1990s, in marked contrast to the acceleration of … productivity in the United States, and discusses the prospects for trend productivity in Canada over the next decade or two. It … concludes that the balance of evidence now favours an acceleration of trend labour productivity growth to the 2-2.5 per cent per …

Living Standards. It points out that there now appears to be a renaissance in productivity growth in the U.S. service sector … large productivity gains in a wide range of service industries. …

The ninth issue of the International Productivity Monitor published by the Centre for the Study of Living Standards … contains six articles. Topics covered are: the magnitude of the Canada-U.S. productivity gap at the industry level …; productivity puzzles facing researchers; the link between technology use, human capital, productivity and wages; the effect of …