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We analyze the dynamic interaction of Japan's total factor productivity, gross domestic product (GDP) domestic and … effects of permanent policy changes shows that (i) additional public R&D encourages private R&D and total factor productivity …
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value is not reflected in measured growth and productivity. To capture the contribution of the "free" Internet, we model the … transaction at production cost. When we incorporate this implicit transaction into U.S. gross domestic product (GDP), productivity …
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