Manufacturing was responsible for almost all - 83 percent - of the growth of total factor productivity in the U …

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …

A growing number of studies identify a generalized slowdown in labor productivity growth. The very existence of the … of the observed trends. We posit that the composition of aggregate productivity matters. In a nutshell, we make the … analysis of productivity growth slowdown more fine-grained by shifting the focus to the industry level, considering that the …

problematic. When they use labor productivity growth as a proxy for technical progress, their regressions are quasi …-accounting identities that omit one variable of the identity. Consequently, the coefficient of labor productivity growth suffers from … omitted-variable bias, where the omitted variable is known. The use of total factor productivity (TFP) growth as a proxy for …

find no evidence that technical change (proxied by the growth of productivity) reduces employment growth. We demonstrate … productivity growth suffers from omitted-variable bias. As the omitted variable is known, we can have a good idea of what the …

In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in … broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting …, total factor productivity). Within the growth-accounting methodology, in Sect. 3, we discuss the U.S. - E.U. productivity …

and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as … imperfect substitutes. However, under this approach, it has been challenging to compute skill-specific productivity levels for a … data set on labor force composition to construct measures of productivity for workers in three distinct skill categories …