productivity growth. …

accompanying revival of productivity growth, directly contributed both to faster output growth and to holding down the inflation … the United States, they did not prevent the US from experiencing a dismal period of slow productivity growth between 1972 … and 1995 nor from falling behind in numerous industries outside the IT sector. The 1995-2000 productivity growth revival …

productivity growth in the US economy can be attributed to a technological acceleration within durable manufacturing and to …-factor productivity in the 88% of the economy outside of durable manufacturing. In comparison with the Great Inventions of 1860-1900, the …

We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A … country can raise its total factor productivity by investing in R&D. Countries can also boost their productivity by trading … of MULTIMOD that incorporates R&D spillovers among industrial countries and from industrial countries to developing …

The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern … characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that … they impact the degree of R&D spillovers. …

. Hence, a one-time increase in productivity, or a reduction of monopoly power can push economies from stagnation to …