, productivity is higher. The probabilistic matching model of Diamond, Mortensen, and others provides a way to make the idea of …

, cultural, and natural infrastructure are important sources of this variation. According to our results, a high-productivity … raising its total factor productivity …

productivity. Using data on gross state output for the U.S., we find that agglomeration more than offsets congestion effects in … denser areas. While our estimate of the elasticity of productivity with respect to density is small, it explains more than 50 …% of the observed state productivity differences, given the large differences in density …

productivity measurement. Although most applications of Solow's method have measured trends over fairly long time periods, the …

largest was a shortfall of 3.5 percentage points in total factor productivity. The fourth was a shortfall of 2.4 percentage … in the labor market and pessimistic about reversing the declines in total factor productivity and the part of the …

productivity growth, higher markups in product markets, and spending declines resulting from tighter lending standards at financial …