Productivity growth is carefully scrutinized by macroeconomists because it plays key roles in understanding private … public pension systems, among other things. However, estimates of recent and expected productivity growth rates suffer from … undergo important revisions.This paper documents the statistical (un)reliability of several measures of aggregate productivity …

Productivity growth is carefully scrutinized by macroeconomists because it plays key roles in understanding private … public pension systems, among other things. However, estimates of recent and expected productivity growth rates suffer from … productivity growth in the U.S. by examining the extent to which they are revised over time. The authors also examine the extent to …

The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 …-term productivity trends using state-space approaches, we extract a common factor from these long-term trend series using factor … analysis. The country specific differences are only of second order importance. Dominant is an overall long-term productivity …

examines the effect of the various user cost formulae on the measured multifactor productivity growth …

The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as … been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in …

countries. On the other hand, analysts ask whether there is a productivity gap — whether Canada is equally efficient in … investigate the size of the output and productivity gaps between the two countries over the period from 1994 to 2002 and ask how …

-factor productivity (TFP) growth for U.S. states over 1980 to 2010. Our growth accounting exercise shows that the current literature … considerably lower in magnitude when compared to the earlier studies. Productivity growth effects associated with high school … education remain insignificant. Our empirical findings are further validated by the use of instrumental variable estimation to …

' intensive margins. Short-run changes in work intensity and the longer-term goal of restoring full potential productivity …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem …