Revisions in utilization-adjusted TFP and robust identification of news shocks

A Kurmann, E Sims - Review of Economics and Statistics, 2021 - direct.mit.edu
This paper documents large revisions in a widely used series of utilization-adjusted total
factor productivity (TFP) by Fernald (2014) and shows that these revisions can materially …

The dynamic effect of micro-structural shocks on private investment behavior

M Akbari, N Loganathan, H Tavakolian… - Acta Montanistica …, 2021 - epublications.vu.lt
Abstract [eng] This paper estimates the dynamic effect of three micro-structural shocks,
namely, investment-specific technology, markup and technology shocks to key components …

Technological progress and economic dynamics: Unveiling the long memory of total factor productivity

A **ao, Z Xu, T Wu, Y Qin, M Skare - Economic Analysis and Policy, 2024 - Elsevier
This study aims to explore the dynamics of total factor productivity (TFP) in 40 advanced
economies and its implications for economic stability, growth patterns, and technological …

[PDF][PDF] Global Productivity: Trends

A Dieppe, S Kilic-Celik… - Drivers, and Policies …, 2020 - pubdocs.worldbank.org
The database contains three productivity variables: labor productivity levels, labor
productivity growth rates, and total factor productivity (TFP) growth rates for up to 172 …

The differential role of manufacturing and non-manufacturing TFP growth in economic growth

F Jia, X Ma, X Xu, L **e - Structural Change and Economic Dynamics, 2020 - Elsevier
Applying the methods of growth accounting decomposition and econometric regressions to
a sample of developed economies over the period of 1970–2011, this study examines the …

Do business cycles, investment-specific technology shocks matter for stock returns?

KP Prabheesh, CT Vidya - Economic modelling, 2018 - Elsevier
This paper empirically analyzes the dynamic relationship between business cycle,
investment-specific technology shocks, and stock returns in the Indian context. Using …

A blessing or a curse? Exploring the impact of environmental regulation on China's regional green development from the perspective of governance transformation

X Xu, X Li, L Zheng - … Journal of Environmental Research and Public …, 2022 - mdpi.com
China's rapid economic growth has caused serious problems, such as environmental
pollution and resource exhaustion. Only by improving the green total factor productivity …

Technological and non-technological drivers of productivity dynamics in developed and emerging market economies

A Dieppe, N Francis, G Kindberg-Hanlon - Journal of Economic Dynamics …, 2021 - Elsevier
Frequently, factors other than structural developments in technology and production
efficiency drive changes in labor productivity in advanced economies (AEs) and emerging …

Unraveling the Productivity Paradox: Evidence for Germany

DI Christofzik, S Elstner, LP Feld… - German Economic …, 2024 - degruyter.com
Despite massive digitization efforts, the German economy has experienced a marked
slowdown in its productivity growth. This paper empirically analyzes three prominent …

The diffusion of technological progress in ICT

S Elstner, C Grimme, V Kecht, R Lehmann - European Economic Review, 2022 - Elsevier
We study whether technology gains in sectors related to Information and Communications
Technology (ICT) increase productivity in the rest of the economy. To separate exogenous …