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The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as … been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in …
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The past 120 years have been characterised by: (i) rapid economic growth and large productivity gains in the four … countries; (ii) a decline in productivity in the United Kingdom relative to the United States, and to a lesser extent also … of ICT capital in the last 25 years. In 2006, before the current world crisis, hourly labour productivity levels are …
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