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This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long (since 1890) and medium (since 1980) runs. During the past century, the United States has overtaken the United Kingdom and become the leading world economy....
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This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long (since 1890) and medium (since 1980) runs. During the past century, the United States has overtaken the United Kingdom and become the leading world economy....
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The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long run (since 1890) and in the medium run (since 1980). During the past century, the United States has...
Persistent link: https://www.econbiz.de/10009541118
The sustained increase in productivity gains from the spread of ICTs may increase potential output growth in the medium to long term via capital deepening effects and total factor productivity (TFP) gains, and in the short to medium term via the lagged adjustment of wages to productivity gains....
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