Productivity growth in Indian manufacturing is an important driver of overall growth, yet the issues related to its … measurement have still not been resolved. The issue of how to compute an aggregate productivity measure holds significance for two … reasons: one, the productivity of a firm should reflect the productivity of the lower levels, which comprise the aggregate …

or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …

with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a … (or, equivalently, the wage-productivity gap) deserves the attention of policy makers. …

total factor productivity (TFP) is endogenous and depends on the resource allocation. The model uncovers a novel tradeoff …

productivity heterogeneity. The model brings theory and data closer along a key dimension: it generates positively related prices …

Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output … duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … can explain that despite an increase in human capital in both sectors, there is still a gap in productivity. In other …