vintageadjusted TFP growth is significantly lower than unadjusted TFP growth.The measured productivity slowdown of the 1970s is …The age structure of capital plays an important role in the measurement of productivity.It has been argued that the … productivity measurement.One proposition proves that Nelson s (1964) formula is only an approximation.Our final proposition shows …

economy - can paradoxically increase the productivity of an economy where productivity is a function of the average level of … drain on productivity occurs when successful emigration is not a certainty and when the increase in human capital …

.In particular, we demonstrate that a technological shock (increasing productivity of research) can, through this interaction, lead … to a productivity slowdown and a shift in labor market contracts away from firms providing implicit guarantees of … proportion of the labor force under short term employment, increased relative returns of workers in high productivity sectors …

The four main approaches to the measurement of total factor productivity (TFP)-growth and its decomposition are (i … Analysis (DEA).The corresponding measures of TFP growth are based on different assumptions, which we expose and interrelate …

on performance. Performance is measured by TFP-growth.As a negative measure of competition we use rent.Rent is defined as … labor components.In line with the literature we find that rent has no significant influence on productivity.We find an …