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to underestimate of the rates of growth of real GDP, real personal income, and productivity. That underestimation is …This paper is not about the recent slowdown in measured productivity but that subject is discussed briefly …
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This dataset includes indicators on labour productivity growth defined in terms of gross domestic product (GDP), hours … productivity (GDP per hour worked) and a part which is due to increased labour utilisation (hours worked per capita). Labour … productivity is a key driver of economic growth and changes in living standards, measured notably by growth in GDP per capita …
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several methods to decompose total factor productivity growth into secular and unexpected components. All our empirical …
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