We extend the conventional neoclassical production and growth framework, with its emphasis on total factor productivity …

monopoly power. In this economy, measures of total factor productivity (TFP) growth in terms of quantities (the primal) and …

Measured productivity growth increased substantially during the second half of the 1990s. This paper examines whether … productivity growth does appear to arise from an increase in technological change. Cyclical utilization raised measured … productivity growth relative to technology growth in the first part of the expansion, but lowered it subsequently. Factor …

leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …

.S. aggregate labor productivity, and 2) whether the same set of forces account for the slowdown of sectoral productivity growth as … well. We specify a model which relates measured labor productivity growth to capital/labor ratio, level and rate of change … aggregate data for the period 1949-1978.The results of the estimation suggest that the pattern of aggregate productivity growth …

In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …

sustained growth. This transition is inevitable given positive rates of total factor productivity growth. We use a standard …

) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the …'s contribution to the change in aggregate final demand between 1976 and 1996. Our framework uses the Petrin and Levinsohn (2010 … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector …

In this paper, we examine the changes in per-capita income and productivity from 1700 to modern times, and show four …