changes in the contribution of capital productivity, capital intensity and labour participation to the growth rate of output …, decomposition to assess both the contribution of both capital productivity and capital intensity to total factor productivity (TFP …, rather than capital productivity or labour participation, has been the main growth contributor. But this does not mean that …

We use a meta-analysis to quantify the impact of misallocation of production factors on aggregate productivity. A key … estimate in empirical studies on misal- location is the implied aggregate total factor productivity (TFP) loss due to the sub … the corresponding productivity loss depends on the country of analysis. In particular, there is a negative correlation …