market equilibrium and whether innovation subsidies can improve industry productivity by mitigating such a tax distortion. …Radical innovations require risk-taking. However, it is hard to find an objective measure for innovation investments … that would take riskiness into account. In this paper, we investigate how a simple measure of firms’ innovation investments …

productivity. An important issue, therefore, is how to measure allocative efficiency. We compare popular indicators of allocative … productivity and to the Olley-Pakes (OP) covariance component, which is currently the most popular measure of allocative efficiency …

productivity. An important issue, therefore, is how to measure allocative efficiency. We compare popular indicators of allocative … productivity and to the Olley-Pakes (OP) covariance component, which is currently the most popular measure of allocative efficiency …

In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …

-sectional distributions of technological productivity are well-approximated either by the lognormal, Weibull, or a novel “CES … convergence of the true technological productivity distribution to the theoretical limit with n …

We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R …

Structural change is an important driver of productivity growth at the aggregate level. While previous productivity … to another. We develop an improved productivity decomposition that accounts for both intra-industry and inter … productivity to the industry level. The proposed decomposition is applied to Finland's information and communication technology …

In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …

occurrence. Eventually, we relate productivity and innovation slowdowns deriving tables of trends co-movements, weighted by input …A growing number of studies identify a generalized slowdown in labor productivity growth. The very existence of the … of the observed trends. We posit that the composition of aggregate productivity matters. In a nutshell, we make the …