productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock … is poorly measured. Using synthetic data generated from a prototypical stochastic growth model, we explore the … state. As an application, we compute and compare TFP growth estimates using data from the new and old German federal states. …

productivity (TFP) growth in a sample of 30 European economies for the period 1994-2005. In most of Western Europe, we find a … deceleration of TFP growth since 2000. However, the economies of New Europe exhibit a higher level of TFP growth overall and have … slowed less than those of Old Europe. In the new market economies of Central and Eastern Europe, we find both high TFP growth …