total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

, the change in welfare is summarized by (the present value of) the Solow productivity residual and by the growth rate of … the capital stock per capita. We also show that productivity and the capital stock suffice to calculate differences in …

, the change in welfare is summarized by (the present value of) the Solow productivity residual and by the growth rate of … the capital stock per capita. We also show that productivity and the capital stock suffice to calculate differences in …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

. To a first order, welfare is summarized by total factor productivity and by the capital stock per capita. These variables … total factor productivity is constructed using domestic absorption, instead of gross domestic product, as the measure of … output. It also requires that total factor productivity be constructed with prices and quantities as perceived by consumers …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

unemployment response; and the very slow rate of recovery. We review the literature which finds most of the decline in productivity … intensification but employers appeared incapable of turning this effort into improved workplace level productivity. Widespread pay …

The paper addresses the link between productivity and labour mobility. The hypothesis tested is that technology is … diffused within the new environment creating spillovers and leading to productivity improvements. The empirical analysis is … considerable beneficial effects on industry productivity. Possible endogeneity problems related to labour mobility are tackled by …