productivity growth in the mid-1990s. This paper traces the evolution of productivity estimates to document how and when this … of the late 1990s that this investment and underlying productivity increases in the IT-producing sectors were identified … that private sector productivity growth will average around 2.5 percent per year for the next decade, a pace that is only …

This chapter presents the major results of a comparative study of productivity growth in manufacturing in Japan and the … growth of productivity there has been extraordinary despite a less than favorable economic environment and because the U ….S. and Japanese productivity growth experiences over the past fifteen years or so lie at opposite ends of the spectrum of …

This paper analyzes multifactor productivity growth (based on capital, labor, energy, and materials) and labor … productivity growth in the Japanese and U.S. manufacturing sectors. We find that the tests of separability required for a value … productivity …

accumulation, a surge in hours worked, and faster growth of total factor productivity. The acceleration of productivity growth …

relationship between inventive activity and productivity at the level of U.S. metropolitan economies, using a patents database that … with and Granger causes higher productivity in metropolitan areas. A standard deviation increase in patents predicts a 6 … percent increase in productivity over 10 years. Higher-quality patents enhance the effect. We attempt to identify a cross …

This paper examines the link between information technology (IT) and the U.S. productivity revival in the late 1990s …. Industry-level data show a broad productivity resurgence that reflects both the production and the use of IT. The most IT …-intensive industries experienced significantly larger productivity gains than other industries and a wide variety of econometric tests show …

rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in … economies? The paper develops a new comparative data set on the usage of electricity in the manufacturing sectors of the USA …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many …