Productivity growth is carefully scrutinized by macroeconomists because it plays key roles in understanding private … public pension systems, among other things. However, estimates of recent and expected productivity growth rates suffer from … undergo important revisions.This paper documents the statistical (un)reliability of several measures of aggregate productivity …

Productivity growth is carefully scrutinized by macroeconomists because it plays key roles in understanding private … public pension systems, among other things. However, estimates of recent and expected productivity growth rates suffer from … productivity growth in the U.S. by examining the extent to which they are revised over time. The authors also examine the extent to …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem …

growth accounting, different estimates of total factor productivity emerge. The methodological difference, however, does not …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

-adjusted index of labor services. We find that Total Factor Productivity (TFP) growth decreases significantly when using the latter … method. This means that when using the alternative method one explains more of the growth in labor productivity than what a …

professionals regarding productivity measurement technicalities—since they make up the majority of the people that use/read the …Data on productivity at sector or country level has become a familiar topic in media and the socio-political debate … regarding labour policies. But what may be surprising is that such data –which is usually on labour productivity (LP)– does not …

This paper investigates an alternative proxy for individual worker productivity in physical work settings: a direct … daily productivity obtained from firm personnel data, with physical activity; they are strongly related. Second, the paper …