-level productivity patterns. But plant-level data on physical quantities of output, capital, and intermediate inputs are usually … unavailable. Therefore, when constructing productivity measures, most analysts proxy these variables with real sales revenues …, depreciated capital spending, and real input expenditures. The first part of this paper argues that the resultant productivity …

in labor productivity. We provide a novel semi-parametric specification for convergence equations and show that the speed … combination of known variables. We found evidence that the laws of motion for industry productivity growth are different across …