Evidence suggests that productivity would be much higher and unemployment much lower if the supply of and demand for …

We employ a recent empirical strategy to estimate country-specific and time-varying total factor productivity (TFP … of productivity in the manufacturing sector remained the prerogative of major developed countries. Thirdly, several … countries succeeded in climbing the ladder through outstanding productivity growth. Fourthly, despite a clear hierarchy in terms …

&D has positive long-run regression coefficients for direct effects on productivity and indirect ones via private R&D. Here …

the international transmission of productivity improvements generate the observed degree of risk-sharing: one associated …