In 2009 and 2010, China undertook a 4 trillion Yuan fiscal stimulus, roughly equivalent to 12 percent of annual GDP … local governments may be a permanent decline in the growth rate of aggregate productivity and GDP …

In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and …

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

change. This provides a bridge between the productivity literature and the welfare-related literature that tends to reason in … terms of net product functions: although the relevant income measure is net of depreciation, productivity is measured based … on gross output. We show that net product, net income, net expenditure and productivity change are complements, not …