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John Fernald

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States have a Productivity Slowdown or a Measurement Problem," Finance and Economics Discussion Series 2016-17, Board of Governors of the Federal Reserve System (U.S.).

    Mentioned in:

    1. Do Demographic Trends + Productivity Outlook = Modest Economic Growth?
      by thebusinesscycleblog in The business cycle blog on 2016-03-19 20:24:11
  2. Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003. "The Case of the Missing Productivity Growth: Or, Does Information Technology Explain why Productivity Accelerated in the US but not the UK?," NBER Working Papers 10010, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Reflexiones sobre la productividad (II). La productividad en España
      by admin in Nada Es Gratis on 2018-03-06 06:07:25
  3. Mary C. Daly & John G. Fernald & Òscar Jordà & Fernanda Nechio, 2014. "Labor Markets in the Global Financial Crisis: The Good, the Bad and the Ugly," Working Paper Series 2014-11, Federal Reserve Bank of San Francisco.

    Mentioned in:

    1. Les marchés du travail lors de la Grande Récession
      by ? in D'un champ l'autre on 2014-05-18 00:55:00
  4. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.

    Mentioned in:

    1. Robert Gordon et le ralentissement de la croissance potentielle
      by ? in D'un champ l'autre on 2014-09-04 00:18:00
  5. John G. Fernald & Charles I. Jones, 2014. "The Future of US Economic Growth," American Economic Review, American Economic Association, vol. 104(5), pages 44-49, May.

    Mentioned in:

    1. Constant versus Balanced Growth
      by dvollrath in The Growth Economics Blog on 2015-09-18 21:27:21
  6. Basu, Susanto & Fernald, John G, 1997. "Returns to Scale in U.S. Production: Estimates and Implications," Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 249-283, April.

    Mentioned in:

    1. Declining Labor Shares and Rising Corporate Profits
      by ozidar in owenzidar on 2013-06-10 02:32:05
  7. Cette, Gilbert & Fernald, John & Mojon, Benoît, 2016. "The pre-Great Recession slowdown in productivity," European Economic Review, Elsevier, vol. 88(C), pages 3-20.

    Mentioned in:

    1. Contraintes financières et productivité : une relation en U inversé
      by Emeline in Bloc-Notes Eco on 2019-11-14 14:25:37
  8. Susanto Basu & John Fernald & Miles Kimball, 2004. "Are Technology Improvements Contractionary?," NBER Working Papers 10592, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Show Me the Money!
      by ? in Confessions of a Supply-Side Liberal on 2013-03-20 13:01:38
    2. Quartz 18-->Show Me the Money!
      by ? in Confessions of a Supply-Side Liberal on 2013-05-07 12:30:20
    3. Sticky Prices vs. Sticky Wages: A Debate Between Miles Kimball and Matthew Rognlie
      by ? in Confessions of a Supply-Side Liberal on 2013-06-26 05:31:03
    4. Central Bank Incompetence Makes Luddites Correct
      by Matthew Yglesias in Moneybox on 2013-03-21 19:37:33
  9. John G. Fernald, 2016. "Reassessing Longer-Run U.S. Growth: How Low?," Working Paper Series 2016-18, Federal Reserve Bank of San Francisco.

    Mentioned in:

    1. Inconvenient Facts
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2017-02-27 19:17:13

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. John Fernald & Brent Neiman, 2011. "Growth Accounting with Misallocation: Or, Doing Less with More in Singapore," American Economic Journal: Macroeconomics, American Economic Association, vol. 3(2), pages 29-74, April.

    Mentioned in:

    1. Growth Accounting with Misallocation: Or, Doing Less with More in Singapore (AEJ:MA 2011) in ReplicationWiki ()
  2. Miles S. Kimball & John G. Fernald & Susanto Basu, 2006. "Are Technology Improvements Contractionary?," American Economic Review, American Economic Association, vol. 96(5), pages 1418-1448, December.

    Mentioned in:

    1. Are Technology Improvements Contractionary? (AER 2006) in ReplicationWiki ()

Working papers

  1. John G. Fernald & Robert Inklaar & Dimitrije Ruzic, 2023. "The Productivity Slowdown in Advanced Economies: Common Shocks or Common Trends?," Working Paper Series 2023-07, Federal Reserve Bank of San Francisco.

    Cited by:

    1. John G. Fernald & Eugenio Piga, 2023. "Comment on "Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown"," NBER Chapters, in: NBER Macroeconomics Annual 2023, volume 38, pages 208-221, National Bureau of Economic Research, Inc.
    2. Nava Ashraf & Oriana Bandiera & Virginia Minni & Luigi Zingales, 2025. "Meaning at work," CEP Discussion Papers dp2104, Centre for Economic Performance, LSE.

  2. John Fernald & Robert Inklaar, 2022. "The UK Productivity Puzzle in an International Comparative Perspective," Working Papers 020, The Productivity Institute.

    Cited by:

    1. Van Reenen, John & Yang, Xuyi, 2024. "Cracking the productivity code: an international comparison of UK productivity," LSE Research Online Documents on Economics 124590, London School of Economics and Political Science, LSE Library.

  3. Esfahani, Mehrdad & Fernald, John & Hobijn, Bart, 2022. "World Productivity: 1996 - 2014," CEPR Discussion Papers 17452, C.E.P.R. Discussion Papers.

    Cited by:

    1. Kevin Hjortshøj O’Rourke, 2021. "Capitalism: Worries of the 1930s for the 2020s," Working Papers 20210064, New York University Abu Dhabi, Department of Social Science, revised Apr 2021.

  4. John G. Fernald & Huiyu Li, 2022. "The Impact of COVID on Productivity and Potential Output," Working Paper Series 2022-19, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Francesco Ferrante & Sebastian Graves & Matteo Iacoviello, 2023. "The Inflationary Effects of Sectoral Reallocation," International Finance Discussion Papers 1369, Board of Governors of the Federal Reserve System (U.S.).

  5. John G. Fernald & Robert Inklaar, 2020. "Does Disappointing European Productivity Growth Reflect a Slowing Trend? Weighing the Evidence and Assessing the Future," Working Paper Series 2020-22, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Bart van Ark, 2021. "Putting Together the Pieces of the Productivity Puzzle: Review Article of Productivity Perspectives and Productivity and the Pandemic," International Productivity Monitor, Centre for the Study of Living Standards, vol. 40, pages 118-133, Spring.
    2. Goldin, Ian & Koutroumpis, Pantelis & Lafond, François & Winkler, Julian, 2020. "Why is productivity slowing down?," MPRA Paper 99172, University Library of Munich, Germany.
    3. Diego A. Comin & Javier Quintana & Tom G. Schmitz & Antonella Trigari, 2023. "Revisiting Productivity Dynamics in Europe: A New Measure of Utilization-Adjusted TFP Growth," NBER Working Papers 31006, National Bureau of Economic Research, Inc.
    4. Herzer, Dierk, 2022. "The impact of domestic and foreign R&D on TFP in developing countries," World Development, Elsevier, vol. 151(C).
    5. Lee, Byoungchan, 2023. "Wealth Inequality and Endogenous Growth," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 132-148.
    6. DUERNECKER Georg & SANCHEZ MARTINEZ Miguel, 2021. "Structural change and productivity growth in the European Union: Past, present and future," JRC Working Papers on Territorial Modelling and Analysis 2021-09, Joint Research Centre.
    7. W. Erwin Diewert & Kevin J. Fox, 2022. "Alternative Output, Input and Income Concepts for the Production Accounts," Discussion Papers 2022-05, School of Economics, The University of New South Wales.

  6. John G. Fernald & Eric Hsu & Mark M. Spiegel, 2019. "Is China Fudging Its GDP Figures? Evidence from Trading Partner Data," Working Paper Series 2019-19, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Prasad, Eswar, 2023. "Has China's Growth Gone from Miracle to Malady?," IZA Discussion Papers 16140, Institute of Labor Economics (IZA).
    2. Flavia Corneli & Fabrizio Ferriani & Andrea Gazzani, 2023. "Macroeconomic news, the financial cycle and the commodity cycle: the Chinese footprint," Questioni di Economia e Finanza (Occasional Papers) 772, Bank of Italy, Economic Research and International Relations Area.
    3. Chen, Kaiji & Higgins, Patrick & Zha, Tao, 2024. "Constructing quarterly Chinese time series usable for macroeconomic analysis," Journal of International Money and Finance, Elsevier, vol. 143(C).
    4. Rogoff, Kenneth S. & Yang, Yuanchen, 2024. "A tale of tier 3 cities," Journal of International Economics, Elsevier, vol. 152(C).
    5. John Ammer & John H. Rogers & Gang Wang & Yang Yu, 2022. "Visible Hands: Professional Asset Managers' Expectations and the Stock Market in China," International Finance Discussion Papers 1362, Board of Governors of the Federal Reserve System (U.S.).
    6. Yujia, Li & Zixiang, Zhu & Ming, Che, 2024. "Exploring the relationship between China's economic policy uncertainty and business cycles: Exogenous impulse or endogenous responses?," Emerging Markets Review, Elsevier, vol. 58(C).
    7. Bruno Deschamps & Tianlun Fei & Ying Jiang & Xiaoquan Liu, 2022. "Procyclical volatility in Chinese stock markets," Review of Quantitative Finance and Accounting, Springer, vol. 58(3), pages 1117-1144, April.
    8. Yu Lu & Fanbin Kong & Luchen Huang & Kai Xiong & Caiyao Xu & Ben Wang, 2021. "Evaluation of the Implementation Effect of the Ecological Compensation Policy in the Poyang Lake River Basin Based on Difference-in-Difference Method," Sustainability, MDPI, vol. 13(15), pages 1-14, August.
    9. Chen, Hongyi & Tillmann, Peter, 2021. "Monetary policy uncertainty in China," Journal of International Money and Finance, Elsevier, vol. 110(C).
    10. Tomas Adam & Sona Benecka, 2020. "An alternative, satellite view of China," Occasional Publications - Chapters in Edited Volumes, in: CNB Global Economic Outlook - January 2020, pages 14-17, Czech National Bank, Research and Statistics Department.
    11. Wang, Xi & Liu, Ying & Chen, Zhongfei, 2022. "Monetary policy dysregulation with data distortion," Economic Modelling, Elsevier, vol. 116(C).
    12. Arpita Chatterjee & Richa Saraf, 2024. "Impact of China on commodity exporters," Review of International Economics, Wiley Blackwell, vol. 32(3), pages 1462-1491, August.
    13. Al-Haschimi, Alexander & Apostolou, Apostolos & Azqueta-Gavaldon, Andres & Ricci, Martino, 2023. "Using machine learning to measure financial risk in China," Working Paper Series 2767, European Central Bank.
    14. William Barcelona & Danilo Cascaldi-Garcia & Jasper Hoek & Eva Van Leemput, 2022. "What Happens in China Does Not Stay in China," International Finance Discussion Papers 1360, Board of Governors of the Federal Reserve System (U.S.).
    15. Lai, Pingyao & Zhu, Tian, 2022. "Deflating China's nominal GDP: 2004–2018," China Economic Review, Elsevier, vol. 71(C).
    16. Deschamps, Bruno & Fei, Tianlun & Jiang, Ying & Liu, Xiaoquan, 2025. "Uncertainty and cross-sectional stock returns: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 171(C).

  7. Mumtaz Ahmad & John Fernald & Hashmat Khan, 2019. "Returns to Scale in U.S. Production, Redux," Carleton Economic Papers 19-07, Carleton University, Department of Economics.

    Cited by:

    1. Pavlov, Oscar, 2019. "Multi-product firms and increasing marginal costs," Working Papers 2019-05, University of Tasmania, Tasmanian School of Business and Economics.

  8. Robert Hall & Mark Watson & James Stock & John Fernald, 2017. "The Slow Recovery in Output after 2009," 2017 Meeting Papers 610, Society for Economic Dynamics.

    Cited by:

    1. Thomas Hasenzagl & Filippo Pellegrino & Lucrezia Reichlin & Giovanni Ricco, 2022. "A Model of the Fed's View on Inflation," The Review of Economics and Statistics, MIT Press, vol. 104(4), pages 686-704, October.

  9. John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017. "The Disappointing Recovery of Output after 2009," Working Paper Series 2017-14, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Giovanni Dosi & Marcelo Pereira & Andrea Roventini & Maria Enrica Virgillito, 2018. "What if supply-side policies are not enough ? The perverse interaction of flexibility and austerity," SciencePo Working papers Main hal-03458460, HAL.
    2. Juin-Jen Chang & Hsieh-Yu Lin & Ms. Nora Traum & Susan Yang Shu-Chun, 2019. "Fiscal Consolidation and Public Wages," IMF Working Papers 2019/125, International Monetary Fund.
    3. Stanley Fischer, 2017. "Government Policy and Labor Productivity : a speech at the \"Washington Transformation? Politics, Policies, Prospects,\" a forum sponsored by the Summer Institute of Martha’s Vineyard Hebrew," Speech 962, Board of Governors of the Federal Reserve System (U.S.).
    4. Catherine Doz & Laurent Ferrara & Pierre-Alain Pionnier, 2020. "Business cycle dynamics after the Great Recession: An extended Markov-Switching Dynamic Factor Model," OECD Statistics Working Papers 2020/01, OECD Publishing.
    5. John G. Fernald, 2017. "Paradox resolved? A review of the Rise and Fall of American Growth, by Robert J. Gordon," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 52(4), pages 265-267, October.
    6. Van Reenen, John & Yang, Xuyi, 2024. "Cracking the productivity code: an international comparison of UK productivity," LSE Research Online Documents on Economics 124590, London School of Economics and Political Science, LSE Library.
    7. Jesus Fernandez-Villaverde & Francesco Zanetti & Federico Mandelman & Yang Yu, 2019. "Search Complementarities, Aggregate Fluctuations, and Fiscal Policy," Economics Series Working Papers 880, University of Oxford, Department of Economics.
    8. Janice C. Eberly & James H. Stock & Jonathan H. Wright, 2020. "The Federal Reserve's Current Framework for Monetary Policy: A Review and Assessment," International Journal of Central Banking, International Journal of Central Banking, vol. 16(1), pages 5-71, February.
    9. Bhattarai, Saroj & Schwartzman, Felipe & Yang, Choongryul, 2021. "Local scars of the US housing crisis," Journal of Monetary Economics, Elsevier, vol. 119(C), pages 40-57.
    10. Fritz, Marlon & Gries, Thomas & Feng, Yuanhua, 2019. "Secular stagnation? Is there statistical evidence of an unprecedented, systematic decline in growth?," Economics Letters, Elsevier, vol. 181(C), pages 47-50.
    11. Christopher D. Carroll & Edmund Crawley & Jiri Slacalek & Kiichi Tokuoka & Matthew N. White, 2018. "Sticky Expectations and Consumption Dynamics," NBER Working Papers 24377, National Bureau of Economic Research, Inc.
    12. Ray C. Fair, 2018. "Explaining theSlowU.S.Recovery: 2010'2017," Cowles Foundation Discussion Papers 2124, Cowles Foundation for Research in Economics, Yale University.
    13. Bart van Ark & Anthony J. Venables, 2020. "A Concerted Effort to Tackle the UK Productivity Puzzle," International Productivity Monitor, Centre for the Study of Living Standards, vol. 39, pages 3-15, Fall.
    14. Sergio Salas, 2022. "A liquidity crunch in an endogenous growth model with human capital," Southern Economic Journal, John Wiley & Sons, vol. 88(3), pages 1199-1238, January.
    15. Goldin, Ian & Koutroumpis, Pantelis & Lafond, François & Winkler, Julian, 2020. "Why is productivity slowing down?," MPRA Paper 99172, University Library of Munich, Germany.
    16. Strauss, Ilan & Yang, Jangho, 2024. "Testing for secular stagnation in investment rates using a Bayesian multilevel model," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 351-364.
    17. Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter Klenow & Huiyu Li, 2023. "A Theory of Falling Growth and Rising Rents," Post-Print halshs-04330700, HAL.
    18. Jin, Peizhen & Peng, Chong & Song, Malin, 2019. "Macroeconomic uncertainty, high-level innovation, and urban green development performance in China," China Economic Review, Elsevier, vol. 55(C), pages 1-18.
    19. Andrew Foerster & Andreas Hornstein & Mark Watson & Pierre-Daniel Sarte, 2019. "Sectoral and Aggregate Structural Change," 2019 Meeting Papers 532, Society for Economic Dynamics.
    20. Callum Jones, 2018. "Household Leverage and the Recession," 2018 Meeting Papers 933, Society for Economic Dynamics.
    21. Salas, Sergio & Odell, Kathleen, 2023. "Why are credit-driven crises deep and long-lasting?," The Quarterly Review of Economics and Finance, Elsevier, vol. 90(C), pages 233-246.
    22. Wu, Ying, 2024. "Risk-averse corporate investment behavior and the effectiveness of quantitative easing," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 1270-1286.
    23. John Fernald, 2018. "Cyclical Downturn or Slowing Trend? A Review Article on Productivity Puzzles across Europe," International Productivity Monitor, Centre for the Study of Living Standards, vol. 34, pages 110-117, Spring.
    24. Robert E. Hall & Marianna Kudlyak, 2020. "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?," Working Paper Series 2020-20, Federal Reserve Bank of San Francisco.
    25. Francesco Furlanetto & Antoine Lepetit & Ørjan Robstad & Juan F. Rubio-Ramirez & Pål Ulvedal, 2021. "Estimating Hysteresis Effects," Finance and Economics Discussion Series 2021-059, Board of Governors of the Federal Reserve System (U.S.).
    26. Matias Covarrubias & Germán Gutiérrez & Thomas Philippon, 2019. "From Good to Bad Concentration? U.S. Industries over the past 30 years," NBER Working Papers 25983, National Bureau of Economic Research, Inc.
    27. Germán Gutiérrez & Thomas Philippon, 2017. "Investmentless Growth: An Empirical Investigation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(2 (Fall)), pages 89-190.
    28. Yunjong Eo & James Morley, 2022. "Why Has the U.S. Economy Stagnated since the Great Recession?," The Review of Economics and Statistics, MIT Press, vol. 104(2), pages 246-258, May.
    29. Marvin Goodfriend & John McDermott, 2021. "The American System of economic growth," Journal of Economic Growth, Springer, vol. 26(1), pages 31-75, March.
    30. Bart van Ark & Klaas de Vries & Abdul Erumban, 2020. "How to not miss a productivity revival once again?," National Institute of Economic and Social Research (NIESR) Discussion Papers 518, National Institute of Economic and Social Research.
    31. John G. Fernald & Huiyu Li, 2022. "The Impact of COVID on Productivity and Potential Output," Working Paper Series 2022-19, Federal Reserve Bank of San Francisco.
    32. Andrew T. Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2022. "Aggregate Implications of Changing Sectoral Trends," Working Paper Series 2019-16, Federal Reserve Bank of San Francisco.
    33. Hall, Robert E. & Kudlyak, Marianna, 2022. "The inexorable recoveries of unemployment," Journal of Monetary Economics, Elsevier, vol. 131(C), pages 15-25.
    34. Kevin L. Kliesen & John A. Tatom, 2018. "Here’s Why U.S. Manufacturing Is Fundamentally Strong," Economic Synopses, Federal Reserve Bank of St. Louis, issue 4, pages 1-4.
    35. Kant, Chander, 2018. "Privatization and growth: natural experiments of European economies in transition," MPRA Paper 90302, University Library of Munich, Germany.
    36. Ioanna Bardaka & Ioannis Bournakis & Georgia Kaplanoglou, 2018. "Total factor productivity (TFP) and fiscal consolidation: how harmful is austerity?," Working Papers 255, Bank of Greece.
    37. David Kiefer & Ivan Mendieta-Muñoz & Codrina Rada & Rudiger von Arnim, 2020. "Secular Stagnation and Income Distribution Dynamics," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(2), pages 189-207, June.
    38. Mariarosaria Comunale & Anh Dinh Minh Nguyen & Soroosh Soofi-Siavash, 2019. "Convergence and growth decomposition: an analysis on Lithuania," Bank of Lithuania Discussion Paper Series 17, Bank of Lithuania.
    39. Marco Del Negro & Domenico Giannone & Marc P. Giannoni & Andrea Tambalotti, 2017. "Safety, Liquidity, and the Natural Rate of Interest," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(1 (Spring), pages 235-316.
    40. Patrick M. Crowley & David Hudgins, 2021. "Okun’s law revisited in the time–frequency domain: introducing unemployment into a wavelet-based control model," Empirical Economics, Springer, vol. 61(5), pages 2635-2662, November.
    41. Valerie Cerra & Antonio Fatás & Sweta C. Saxena, 2023. "Hysteresis and Business Cycles," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 181-225, March.
    42. Strauss, Ilan & Yang, Jangho, 2020. "Corporate Secular Stagnation: Empirical Evidence on the Advanced Economy Investment Slowdown," INET Oxford Working Papers 2019-16, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    43. Saibene, Giacomo, 2019. "The corporate saving glut," Journal of Macroeconomics, Elsevier, vol. 62(C).
    44. Ms. Valerie Cerra & Ms. Sweta Chaman Saxena, 2017. "Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications," IMF Working Papers 2017/250, International Monetary Fund.
    45. John Fernald, 2017. "Is there an easy cure for low growth?," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 52(3), pages 175-180, July.
    46. Michael Cai & Marco Del Negro & Marc Giannoni & Abhi Gupta & Pearl Li & Erica Moszkowski, 2018. "DSGE forecasts of the lost recovery," Staff Reports 844, Federal Reserve Bank of New York.
    47. Saroj Bhattarai & Felipe Schwartzman & Choongryul Yang, 2019. "The Persistent Employment Effects of the 2006-09 U.S. Housing Wealth Collapse," Working Paper 19-7, Federal Reserve Bank of Richmond.
    48. Stephen D. Oliner & Daniel E. Sichel & David M. Byrne, 2017. "Prices of high-tech products, mismeasurement, and pace of innovation," AEI Economics Working Papers 933826, American Enterprise Institute.
    49. Joachim Jungherr & Immo Schott, 2022. "Slow Debt, Deep Recessions," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(1), pages 224-259, January.
    50. Mengheng Li & Ivan Mendieta-Muñoz, 2019. "Are long-run output growth rates falling?," Working Papers 2019.07, International Network for Economic Research - INFER.
    51. Willem Van Zandweghe, 2017. "The Changing Cyclicality of Labor Force Participation," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 5-34.
    52. Francesco Manaresi & Nicola Pierri, 2018. "Credit supply and productivity growth," BIS Working Papers 711, Bank for International Settlements.
    53. Donayre, Luiggi, 2022. "On the behavior of Okun's law across business cycles," Economic Modelling, Elsevier, vol. 112(C).
    54. Harashima, Taiji, 2024. "Numerical Simulation of Economic Depression," MPRA Paper 120508, University Library of Munich, Germany.
    55. Brad R. Humphreys & Scott Schuh & Corey J.M. Williams, "undated". "Learning by Doing, Productivity, and Growth: New Evidence on the Link between Micro and Macro Data," Working Papers 24-02, Department of Economics, West Virginia University.
    56. Jaeho Kim & Sora Chon, 2022. "Bayesian estimation of the long-run trend of the US economy," Empirical Economics, Springer, vol. 62(2), pages 461-485, February.
    57. Nicolò Maffei-Faccioli, 2021. "Identifying the sources of the slowdown in growth: Demand vs. supply," Working Paper 2021/9, Norges Bank.
    58. McAdam, Peter & Warne, Anders, 2018. "Euro area real-time density forecasting with financial or labor market frictions," Working Paper Series 2140, European Central Bank.
    59. Francesco Manaresi & Nicola Pierri, 2018. "Credit supply and productivity growth," Temi di discussione (Economic working papers) 1168, Bank of Italy, Economic Research and International Relations Area.
    60. Neuhann, Daniel & Sockin, Michael, 2024. "Financial market concentration and misallocation," Journal of Financial Economics, Elsevier, vol. 159(C).
    61. Aguiar-Conraria, Luís & Martins, Manuel M.F. & Soares, Maria Joana, 2020. "Okun’s Law across time and frequencies," Journal of Economic Dynamics and Control, Elsevier, vol. 116(C).
    62. John Fernald & Robert Inklaar, 2022. "The UK Productivity Puzzle in an International Comparative Perspective," Working Papers 020, The Productivity Institute.
    63. Barry Eichengreen, 2020. "Keynesian economics: can it return if it never died?," Review of Keynesian Economics, Edward Elgar Publishing, vol. 8(1), pages 23-35, January.
    64. Danny Yagan, 2019. "Employment Hysteresis from the Great Recession," Journal of Political Economy, University of Chicago Press, vol. 127(5), pages 2505-2558.
    65. Sophocles N. Brissimis & Evangelia A. Georgiou, 2022. "The effects of Federal Reserve's quantitative easing and balance sheet normalization policies on long-term interest rates," Working Papers 299, Bank of Greece.
    66. Lewis Alexander & Janice Eberly, 2018. "Investment Hollowing Out," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(1), pages 5-30, March.
    67. Francisco Perez‐Arce & María J. Prados, 2021. "The Decline In The U.S. Labor Force Participation Rate: A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 35(2), pages 615-652, April.
    68. Dale Jorgenson & Mun Ho & Jon Samuels, 2019. "Educational Intensity and the Sources of, and Prospects for, U.S. Economic Growth," International Productivity Monitor, Centre for the Study of Living Standards, vol. 36, pages 161-186, Spring.
    69. Sergio Salas & Kathleen Odell, 2020. "Financial Deepening, Credit Crises, Human Capital and Growth," Working Papers 2020-01, Escuela de Negocios y Economía, Pontificia Universidad Católica de Valparaíso.
    70. Francisco Perez-Arce & Maria J. Prados & Tarra Kohli, 2018. "The Decline in the U.S. Labor Force Participation Rate," Working Papers wp385, University of Michigan, Michigan Retirement Research Center.
    71. Harashima, Taiji, 2019. "A Pareto Inefficient Path to Steady State in Recession," MPRA Paper 93216, University Library of Munich, Germany.
    72. Ben S. Bernanke, 2019. "Comment on "On the Empirical (Ir)relevance of the Zero Lower Bound Constraint"," NBER Chapters, in: NBER Macroeconomics Annual 2019, volume 34, pages 171-181, National Bureau of Economic Research, Inc.
    73. Cirera,Xavier & Vargas Da Cruz,Marcio Jose & Grover,Arti Goswami & Iacovone,Leonardo & Medvedev,Denis & Pereira Lopez,Mariana De La Paz & Reyes,Santiago, 2021. "Firm Recovery during COVID-19 : Six Stylized Facts," Policy Research Working Paper Series 9810, The World Bank.
    74. Stanley Fischer, 2017. "The Low Level of Global Real Interest Rates : a speech at the Conference to Celebrate Arminio Fraga’s 60 Years, Casa das Garcas, Rio de Janeiro, Brazil, July 31, 2017," Speech 966, Board of Governors of the Federal Reserve System (U.S.).
    75. Felipe Alves, 2022. "Job Ladder and Business Cycles," Staff Working Papers 22-14, Bank of Canada.
    76. Gordon, Robert J., 2018. "Declining American economic growth despite ongoing innovation," Explorations in Economic History, Elsevier, vol. 69(C), pages 1-12.
    77. Olivier J. Blanchard & Lawrence H. Summers, 2017. "Rethinking Stabilization Policy: Evolution or Revolution?," NBER Working Papers 24179, National Bureau of Economic Research, Inc.
    78. Jorgenson, Dale & Ho, Mun & Samuels, Jon, 2019. "Recent U.S. economic performance and prospects for future growth," Journal of Policy Modeling, Elsevier, vol. 41(3), pages 459-476.
    79. Ivan Mendieta-Munoz & Mengheng Li, 2018. "Are long-run output growth rates falling?," Working Paper Series, Department of Economics, University of Utah 2018_02, University of Utah, Department of Economics.
    80. Robert J. Gordon, 2018. "Why Has Economic Growth Slowed When Innovation Appears to be Accelerating?," NBER Working Papers 24554, National Bureau of Economic Research, Inc.
    81. Kevin L. Kliesen & John A. Tatom, 2018. "Is American manufacturing in decline?," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 53(3), pages 107-123, July.
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    87. Bernard Dumas & Marcel Savioz, 2023. "A Theory of the Nominal Character of Stock Securities," Review of Finance, European Finance Association, vol. 27(5), pages 1615-1657.
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    Cited by:

    1. Gordon, Robert J. & Sayed, Hassan, 2020. "Transatlantic Technologies: The Role of ICT in the Evolution of U.S. and European Productivity Growth," CEPR Discussion Papers 15011, C.E.P.R. Discussion Papers.
    2. Garga, Vaishali & Singh, Sanjay R., 2021. "Output hysteresis and optimal monetary policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 871-886.
    3. Kalemli-Özcan, Sebnem & Karabarbounis, Loukas & Gopinath, Gita & Villegas-Sanchez, Carolina, 2015. "Capital Allocation and Productivity in South Europe," CEPR Discussion Papers 10826, C.E.P.R. Discussion Papers.
    4. Haskel, Jonathan & Corrado, Carol & Jona-Lasinio, Cecilia, 2019. "Productivity Growth, Capital Reallocation and the Financial Crisis: Evidence from Europe and the US," CEPR Discussion Papers 13972, C.E.P.R. Discussion Papers.
    5. Thomas Grjebine & Jérôme Héricourt & Fabien Tripier, 2022. "Sectoral reallocations, real estate shocks, and productivity divergence in Europe," Post-Print hal-03701538, HAL.
    6. Nikolaos Terzidis & Steven Brakman & Raquel Ortega-Argiles, 2019. "Labour Markets, Trade and Technological Progress. A Meta-Study," CESifo Working Paper Series 7719, CESifo.
    7. Konstantinos Chisiridis & Kostas Mouratidis & Theodore Panagiotidis, 2018. "The North-South Divide, the Euro and the World," Working Papers 2018015, The University of Sheffield, Department of Economics.
    8. Alberto Bagnai & Christian Alexander Mongeau Ospina, 2017. "Neoclassical versus Post-Keynesian Explanations of the Pre-Great Recession Productivity Slowdown: Panel Evidence," a/ Working Papers Series 1704, Italian Association for the Study of Economic Asymmetries, Rome (Italy).
    9. Gordon, Robert J. & Sayed, Hassan, 2019. "The Industry Anatomy of the Transatlantic Productivity Growth Slowdown," CEPR Discussion Papers 13751, C.E.P.R. Discussion Papers.
    10. Rod Tyers & Yixiao Zhou, 2022. "Automation, Taxes And Transfers With International Rivalry," Economics Discussion / Working Papers 22-21, The University of Western Australia, Department of Economics.
    11. Kathryn Holston & Thomas Laubach & John C. Williams, 2016. "Measuring the Natural Rate of Interest: International Trends and Determinants," Working Paper Series 2016-11, Federal Reserve Bank of San Francisco.
    12. Ansgar Belke & Daniel Gros, 2017. "Greece and the Troika – Lessons from International Best Practice Cases of Successful Price (and Wage) Adjustment," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 14(2), pages 177-195, December.
    13. Alessandro Bellocchi & Edgar J. Sanchez Carrera & Giuseppe Travaglini, 2021. "What drives TFP long-run dynamics in five large European economies?," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(2), pages 569-595, July.
    14. Mehrdad Esfahani & John G. Fernald & Bart Hobijn, 2024. "World Productivity: 1996–2014," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(3), pages 160-189, July.
    15. Thibault Libert, 2017. "Misallocation Before, During and After the Great Recession," Working papers 658, Banque de France.
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    18. Monacelli, Tommas & Sala, Luca & Siena, Daniele, 2018. "Real Interest Rates and Productivity in Small Open Economies," CEPR Discussion Papers 12808, C.E.P.R. Discussion Papers.
    19. van Riet Ad, 2019. "Twenty Years of European Central Bank Monetary Policy: A Keynesian and Austrian Perspective," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 239(5-6), pages 797-840, October.
    20. David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States Have a Productivity Slowdown or a Measurement Problem?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 109-182.
    21. John G. Fernald & Robert Inklaar & Dimitrije Ruzic, 2023. "The Productivity Slowdown in Advanced Economies: Common Shocks or Common Trends?," Working Paper Series 2023-07, Federal Reserve Bank of San Francisco.
    22. Bart van Ark & Anthony J. Venables, 2020. "A Concerted Effort to Tackle the UK Productivity Puzzle," International Productivity Monitor, Centre for the Study of Living Standards, vol. 39, pages 3-15, Fall.
    23. Jannsen Nils, 2019. "Hat die Fehlallokation von Produktionsfaktoren zur Produktivitätsschwäche in Deutschland beigetragen?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 68(1), pages 6-26, May.
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    34. Andrés Rodríguez-Pose & Roberto Ganau, 2019. "Institutions and the Productivity Challenge for European Regions," European Economy - Discussion Papers 116, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
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    39. Moura, Alban, 2020. "Total factor productivity and the measurement of neutral technology," MPRA Paper 99357, University Library of Munich, Germany.
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    41. Paul W. Wilson & Shirong Zhao, 2025. "A non-parametric analysis of world productivity growth, 1990–2019," Annals of Operations Research, Springer, vol. 346(3), pages 2253-2285, March.
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    43. Woo, Jaejoon, 2023. "Revisiting Okun's law in South Korea: Asymmetries, crises, and structural changes," The Journal of Economic Asymmetries, Elsevier, vol. 27(C).
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    45. Andrea Linarello & Andrea Petrella, 2016. "Productivity and reallocation: evidence from the universe of Italian firms," Questioni di Economia e Finanza (Occasional Papers) 353, Bank of Italy, Economic Research and International Relations Area.
    46. Bart van Ark & Klaas de Vries & Abdul Erumban, 2020. "How to not miss a productivity revival once again?," National Institute of Economic and Social Research (NIESR) Discussion Papers 518, National Institute of Economic and Social Research.
    47. Lionel Ragot & Mathilde Aubouin, 2024. "The Macroeconomics of Free Digital Services," EconomiX Working Papers 2024-20, University of Paris Nanterre, EconomiX.
    48. Andrew T. Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2022. "Aggregate Implications of Changing Sectoral Trends," Working Paper Series 2019-16, Federal Reserve Bank of San Francisco.
    49. Rodd Tyers & Yixiao Zhou, 2024. "China Slowdown Shocks, the West and Australia," Economics Discussion / Working Papers 24-01, The University of Western Australia, Department of Economics.
    50. Alberto Bucci & Lorenzo Carbonari & Pedro Mazeda Gil & Giovanni Trovato, 2020. "Economic Growth and Innovation Complexity: An Empirical Estimation of a Hidden Markov Model," CEIS Research Paper 483, Tor Vergata University, CEIS, revised 12 Nov 2021.
    51. Ioanna Bardaka & Ioannis Bournakis & Georgia Kaplanoglou, 2018. "Total factor productivity (TFP) and fiscal consolidation: how harmful is austerity?," Working Papers 255, Bank of Greece.
    52. A. Berthou, 2016. "Current account adjustments and productivity dynamics in Europe during the crisis," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 43, pages 59-70, Autumn.
    53. Romp, Ward & Beetsma, Roel, 2023. "OECD pension reform: The role of demographic trends and the business cycle," European Journal of Political Economy, Elsevier, vol. 77(C).
    54. Mengus, Eric, 2017. "Asset Purchase Bailouts and Endogenous Implicit Guarantees," HEC Research Papers Series 1248, HEC Paris, revised 22 Jan 2018.
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    57. Puneet Prakash Kaur & Ravi Kiran, 2024. "Examining the Role of Market Concentration in Enhancing Total Factor Productivity: A Comparative Analysis of Selected Agri-based and Hi-Technology Sectors," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2525-2548, March.
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    91. E. M. Sandoyan & M. A. Voskanyan & A. G. Galstyan, 2024. "Analyzing and Assessing Key Factors for High Rates of Economic Growth in Armenia in 2022–2023: Myth and Reality," Studies on Russian Economic Development, Springer, vol. 35(5), pages 636-645, October.
    92. Alexander S. Kritikos & Alexander Schiersch & Caroline Stiel, 2021. "The Productivity Puzzle in Business Services," Discussion Papers of DIW Berlin 1960, DIW Berlin, German Institute for Economic Research.
    93. Jason Furman, 2018. "Should We Be Reassured If Automation in the Future Looks Like Automation in the Past?," NBER Chapters, in: The Economics of Artificial Intelligence: An Agenda, pages 317-328, National Bureau of Economic Research, Inc.
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    96. Peter ven de Ven & Anne Harrison & Barbara Fraumeni & Diane Coyle, 2017. "The Future of the National Accounts: Statistics and the Democratic Conversation My thanks to Dave Giles, James Grant, Magnus Henrekson, Johannes Hirata, Alice Nakamura, Peter Sinclair and Geoff Tily f," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63, pages 223-237, December.
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    146. Erica L. Groshen & Brian C. Moyer & Ana M. Aizcorbe & Ralph Bradley & David M. Friedman, 2017. "How Government Statistics Adjust for Potential Biases from Quality Change and New Goods in an Age of Digital Technologies: A View from the Trenches," Journal of Economic Perspectives, American Economic Association, vol. 31(2), pages 187-210, Spring.
    147. Ivan Mendieta-Munoz & Mengheng Li, 2018. "Are long-run output growth rates falling?," Working Paper Series, Department of Economics, University of Utah 2018_02, University of Utah, Department of Economics.
    148. Roberto Camagni & Roberta Capello & Giovanni Perucca, 2022. "Beyond productivity slowdown: Quality, pricing and resource reallocation in regional competitiveness," Papers in Regional Science, Wiley Blackwell, vol. 101(6), pages 1307-1330, December.
    149. Robert J. Gordon, 2018. "Why Has Economic Growth Slowed When Innovation Appears to be Accelerating?," NBER Working Papers 24554, National Bureau of Economic Research, Inc.
    150. John Fernald, 2018. "Is Slow Productivity and Output Growth in Advanced Economies the New Normal?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 35, pages 138-148, Fall.
    151. Erik Brynjolfsson & Daniel Rock & Chad Syverson, 2017. "Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics," NBER Working Papers 24001, National Bureau of Economic Research, Inc.
    152. Yuta Takahashi & Naoki Takayama, 2021. "Firm Growth, Financial Constraints, andPolicy-Based Finance," CIRJE F-Series CIRJE-F-1171, CIRJE, Faculty of Economics, University of Tokyo.
    153. Flynn, Zach, 2019. "Unproductive by choice: substitution and the slowdown in aggregate productivity growth in the United States," SocArXiv sw42f, Center for Open Science.
    154. Pittiglio, Rosanna, 2024. "Counterfeiting and firm survival. Evidence from the Italian manufacturing industry," Economic Systems, Elsevier, vol. 48(2).
    155. Kyoji Fukao & YoungGak Kim & HyeogUg Kwon, 2021. "The Causes of Japan’s Economic Slowdown: An Analysis Based on the Japan Industrial Productivity Database," International Productivity Monitor, Centre for the Study of Living Standards, vol. 40, pages 56-88, Spring.
    156. Tang, Jianmin & Wang, Weimin, 2020. "Technological frontier, technical efficiency and the post-2000 productivity slowdown in Canada," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 12-25.
    157. Kane, Robert F. & Peretto, Pietro F., 2020. "More apples vs. better apples: Distribution and innovation-driven growth," Journal of Economic Theory, Elsevier, vol. 185(C).
    158. Zuzanna Zarach & Aleksandra Parteka, 2022. "Productivity effects of trade in natural resources - comparison with mechanisms of technological specialisation," GUT FME Working Paper Series A 68, Faculty of Management and Economics, Gdansk University of Technology, revised Sep 2022.
    159. Sondermann, David & Consolo, Agostino & Gunnella, Vanessa & Koester, Gerrit & Lambrias, Kyriacos & Lopez-Garcia, Paloma & Nerlich, Carolin & Petroulakis, Filippos & Saiz, Lorena & Serafini, Roberta, 2019. "Economic structures 20 years into the euro," Occasional Paper Series 224, European Central Bank.
    160. Benjamin Bridgman, 2018. "Is Productivity on Vacation? The Impact of the Digital Economy on the Value of Leisure," BEA Working Papers 0148, Bureau of Economic Analysis.
    161. Philipp Heimberger & Leon Podkaminer & Sandor Richter, 2018. "Monthly Report No. 10/2018," wiiw Monthly Reports 2018-10, The Vienna Institute for International Economic Studies, wiiw.
    162. Sean Dougherty & Andrea Renda, 2017. "Pro-Productivity Institutions: Learning from National Experience," International Productivity Monitor, Centre for the Study of Living Standards, vol. 32, pages 196-217, Spring.
    163. Jorge Antunes & Goodness C. Aye & Rangan Gupta & Peter Wanke & Yong Tan, 2020. "Endogenous Long-Term Productivity Performance in Advanced Countries: A Novel Two-Dimensional Fuzzy-Monte Carlo Approach," Working Papers 2020111, University of Pretoria, Department of Economics.
    164. Giovanni Gallipoli & Christos A. Makridis, 2017. "Structural Transformation and the Rise of Information Technology," Working Paper series 17-30, Rimini Centre for Economic Analysis.
    165. Peter Bauer & Igor Fedotenkov & Aurelien Genty & Issam Hallak & Peter Harasztosi & David Martinez Turegano & David Nguyen & Nadir Preziosi & Ana Rincon-Aznar & Miguel Sanchez Martinez, 2020. "Productivity in Europe: Trends and drivers in a service-based economy," JRC Research Reports JRC119785, Joint Research Centre.
    166. David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2017. "Does Growing Mismeasurement Explain Disappointing Growth?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    167. Diewert, W. Erwin & Fox, Kevin J., 2016. "A Decomposition of U.S. Business Sector TFP Growth into Technical Progress and Cost Efficiency Components," Microeconomics.ca working papers erwin_diewert-2016-8, Vancouver School of Economics, revised 30 Jun 2016.
    168. Diane Coyle, 2020. "Preface – National Accounting: Old Questions Revisited, Plus Some New Ones," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 517-518-5, pages 5-7.
    169. Daron Acemoglu & David Autor & Christina Patterson, 2024. "Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown," NBER Macroeconomics Annual, University of Chicago Press, vol. 38(1), pages 153-207.
    170. John G. Fernald & Huiyu Li, 2023. "Productivity in the World Economy During and After the Pandemic," Working Paper Series 2023-29, Federal Reserve Bank of San Francisco.
    171. Crouzet, Nicolas & Eberly, Janice, 2021. "Intangibles, markups, and the measurement of productivity growth," Journal of Monetary Economics, Elsevier, vol. 124(S), pages 92-109.
    172. Robert J. Gordon & Hassan Sayed, 2020. "Transatlantic Technologies: The Role of ICT in the Evolution of U.S. and European Productivity Growth," NBER Working Papers 27425, National Bureau of Economic Research, Inc.
    173. Wulong Gu, 2018. "Accounting for Slower Productivity Growth in the Canadian Business Sector after 2000: The Role of Capital Measurement Issues," International Productivity Monitor, Centre for the Study of Living Standards, vol. 34, pages 21-39, Spring.
    174. Rushan Ziatdinov & Madhu Sudhan Atteraya & Rifkat Nabiyev, 2024. "The Fifth Industrial Revolution as a Transformative Step towards Society 5.0," Societies, MDPI, vol. 14(2), pages 1-15, February.
    175. Alexander Murray, 2017. "What Explains the Post-2004 U.S.Productivity Slowdown?," CSLS Research Reports 2017-05, Centre for the Study of Living Standards.
    176. Ursel Baumann & Melina Vasardani, 2016. "The slowdown in US productivity growth - what explains it and will it persist?," Working Papers 215, Bank of Greece.
    177. Valentinyi, Akos & Herrendorf, Berthold & Duernecker, Georg, 2017. "Structural Change within the Service Sector and the Future of Baumol's Disease," CEPR Discussion Papers 12467, C.E.P.R. Discussion Papers.
    178. Dariusz Kotlewski & Mirosław Błażej, 2022. "Evidence for Middle‐Income Trap Non‐occurrence in the Light of KLEMS Growth Accounting for Poland," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(S1), pages 22-51, April.
    179. Wulong Gu & Michael Willox, 2018. "Productivity Growth in Canada and the United States: Recent Industry Trends and Potential Explanations," International Productivity Monitor, Centre for the Study of Living Standards, vol. 35, pages 73-94, Fall.
    180. Akos Valentinyi & Georg Duernecker, 2017. "Unbalanced Growth Slowdown," 2017 Meeting Papers 822, Society for Economic Dynamics.
    181. Ryan A. Decker & John C. Haltiwanger & Ron S. Jarmin & Javier Miranda, 2018. "Changing Business Dynamism and Productivity: Shocks vs. Responsiveness," NBER Working Papers 24236, National Bureau of Economic Research, Inc.
    182. Camiña, Ester & Díaz-Chao, Ángel & Torrent-Sellens, Joan, 2020. "Automation technologies: Long-term effects for Spanish industrial firms," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    183. Stefan Schweikl & Robert Obermaier, 2020. "Lessons from three decades of IT productivity research: towards a better understanding of IT-induced productivity effects," Management Review Quarterly, Springer, vol. 70(4), pages 461-507, November.
    184. Francesco Manaresi & Mr. Nicola Pierri, 2019. "Credit Supply and Productivity Growth," IMF Working Papers 2019/107, International Monetary Fund.
    185. Kevin Fox, 2018. "What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data," International Productivity Monitor, Centre for the Study of Living Standards, vol. 35, pages 149-156, Fall.
    186. Riccardo Pariboni & Pasquale Tridico, 2020. "Structural change, institutions and the dynamics of labor productivity in Europe," Journal of Evolutionary Economics, Springer, vol. 30(5), pages 1275-1300, November.
    187. Tyler Atkinson & John V. Duca, 2017. "Equity Regulation and U.S. Venture Capital Investment," Working Papers 1707, Federal Reserve Bank of Dallas.
    188. Nicholas Crafts, 2017. "Is Slow Economic Growth the ‘New Normal’ for Europe?," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 45(3), pages 283-297, September.
    189. John G. Fernald, 2016. "Reassessing Longer-Run U.S. Growth: How Low?," Working Paper Series 2016-18, Federal Reserve Bank of San Francisco.
    190. John C. Haltiwanger, 2020. "Comment on "Innovative Growth Accounting"," NBER Chapters, in: NBER Macroeconomics Annual 2020, volume 35, pages 296-307, National Bureau of Economic Research, Inc.
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    192. Struck, Clemens C., 2022. "Wealth, price levels, and product quality," International Economics, Elsevier, vol. 170(C), pages 32-48.
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    194. Luciana Fighera Marzall & Fabíola Kaczam & Vânia Medianeira Flores Costa & Claudimar Pereira Veiga & Wesley Vieira Silva, 2022. "Establishing a typology for productive intelligence: a systematic literature mapping," Management Review Quarterly, Springer, vol. 72(3), pages 789-822, September.
    195. Mr. Gee Hee Hong & Zsoka Koczan & Weicheng Lian & Mr. Malhar S Nabar, 2018. "More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies," IMF Working Papers 2018/050, International Monetary Fund.
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  12. Canyon Bosler & Mary C. Daly & John G. Fernald & Bart Hobijn, 2016. "The Outlook for U.S. Labor-Quality Growth," Working Paper Series 2016-14, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Montoya, J & Jurado, A., 2021. "Calidad del empleo agregado, formal e informal: un análisis para la economía colombiana en el periodo 2007 -2019," Documentos de trabajo - Alianza EFI 19290, Alianza EFI.
    2. Mehrdad Esfahani & John G. Fernald & Bart Hobijn, 2024. "World Productivity: 1996–2014," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(3), pages 160-189, July.
    3. Jeffrey Clemens & Michael Wither, 2014. "The Minimum Wage and the Great Recession: Evidence of Effects on the Employment and Income Trajectories of Low-Skilled Workers," NBER Working Papers 20724, National Bureau of Economic Research, Inc.
    4. Goldin, Ian & Koutroumpis, Pantelis & Lafond, François & Winkler, Julian, 2020. "Why is productivity slowing down?," MPRA Paper 99172, University Library of Munich, Germany.
    5. Han, Jong-Suk & Lee, Jong-Wha, 2020. "Demographic change, human capital, and economic growth in Korea," Japan and the World Economy, Elsevier, vol. 53(C).
    6. J. Wang & John Fernald, 2016. "Why Has the Cyclicality of Productivity Changed? What Does It Mean?," 2016 Meeting Papers 1220, Society for Economic Dynamics.
    7. Clemens, Jeffrey, 2017. "The Minimum Wage and the Great Recession: A Response to Zipperer and Recapitulation of the Evidence," MPRA Paper 80153, University Library of Munich, Germany.
    8. Francesco Furlanetto & Ørjan Robstad, 2016. "Immigration and the macroeconomy: some new empirical evidence," Working Paper 2016/18, Norges Bank.
    9. Francesco Furlanetto & Orjan Robstad, 2019. "Online Appendix to "Immigration and the macroeconomy: some new empirical evidence"," Online Appendices 18-245, Review of Economic Dynamics.
    10. John G. Fernald & Huiyu Li, 2021. "The Impact of COVID on Potential Output," Working Paper Series 2021-09, Federal Reserve Bank of San Francisco.

  13. John G. Fernald, 2016. "Reassessing Longer-Run U.S. Growth: How Low?," Working Paper Series 2016-18, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Santos, João & Borges, Afonso S. & Domingos, Tiago, 2021. "Exploring the links between total factor productivity and energy efficiency: Portugal, 1960–2014," Energy Economics, Elsevier, vol. 101(C).
    2. Alexopoulos, Michelle & Cohen, Jon, 2019. "Will the new technologies turn the page on U.S. productivity growth?," Economics Letters, Elsevier, vol. 175(C), pages 19-23.
    3. Kathryn Holston & Thomas Laubach & John C. Williams, 2016. "Measuring the Natural Rate of Interest: International Trends and Determinants," Working Paper Series 2016-11, Federal Reserve Bank of San Francisco.
    4. Jorgenson, Dale & Ho, Mun & Samuels, Jon, 2019. "Recent U.S. economic performance and prospects for future growth," Journal of Policy Modeling, Elsevier, vol. 41(3), pages 459-476.

  14. John G. Fernald & J. Christina Wang, 2015. "Why has the cyclicality of productivity changed?: what does it mean?," Current Policy Perspectives 15-6, Federal Reserve Bank of Boston.

    Cited by:

    1. Jordi Galí & Thijs van Rens, 2021. "The Vanishing Procyclicality of Labour Productivity [Why have business cycle fluctuations become less volatile?]," The Economic Journal, Royal Economic Society, vol. 131(633), pages 302-326.
    2. Maarten Dossche & Andrea Gavazzi & Vivien Lewis, 2021. "Online Appendix to "Labor Adjustment and Productivity in the OECD"," Online Appendices 20-216, Review of Economic Dynamics.
    3. Nicholas Bloom & Philip Bunn & Paul Mizen & Pawel Smietanka & Gregory Thwaites, 2025. "The Impact of Covid-19 on Productivity," The Review of Economics and Statistics, MIT Press, vol. 107(1), pages 28-41, January.
    4. Laeven, Luc & McAdam, Peter & Popov, Alexander, 2018. "Credit shocks, employment protection, and growth: firm-level evidence from Spain," Working Paper Series 2166, European Central Bank.
    5. Cantore, Cristiano & Ferroni, Filippo & León-Ledesma, Miguel A., 2017. "The dynamics of hours worked and technology," Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 67-82.
    6. Anthony Savagar, 2017. "Firm Dynamics, Dynamic Reallocation, Variable Markups, and Productivity Behaviour," Studies in Economics 1713, School of Economics, University of Kent.
    7. Borja Jalón & Simón Sosvilla-Rivero & José A. Herce, 2017. "Countercyclical Labor Productivity: The Spanish Anomaly," IREA Working Papers 201712, University of Barcelona, Research Institute of Applied Economics, revised Jun 2017.
    8. Robert J. Gordon & Hassan Sayed, 2022. "A New Interpretation of Productivity Growth Dynamics in the Pre-Pandemic and Pandemic Era U.S. Economy, 1950-2022," NBER Working Papers 30267, National Bureau of Economic Research, Inc.
    9. Steffen Elstner & Lars P. Feld & Christoph M. Schmidt, 2018. "The German Productivity Paradox - Facts and Explanations," CESifo Working Paper Series 7231, CESifo.
    10. Molnárová, Zuzana & Reiter, Michael, 2022. "Technology, demand, and productivity: What an industry model tells us about business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 134(C).
    11. Ravn, Morten & Pappa, Evi & Lagerborg, Andresa Helena, 2020. "Sentimental Business Cycles," CEPR Discussion Papers 15098, C.E.P.R. Discussion Papers.
    12. John Fernald, 2018. "Cyclical Downturn or Slowing Trend? A Review Article on Productivity Puzzles across Europe," International Productivity Monitor, Centre for the Study of Living Standards, vol. 34, pages 110-117, Spring.
    13. Morten O. Ravn & Vincent Sterk, 2016. "Macroeconomic Fluctuations with HANK & SAM: An Analytical Approach," Discussion Papers 1633, Centre for Macroeconomics (CFM).
    14. Bart van Ark & Klaas de Vries & Abdul Erumban, 2020. "How to not miss a productivity revival once again?," National Institute of Economic and Social Research (NIESR) Discussion Papers 518, National Institute of Economic and Social Research.
    15. Gordon, Robert J. & Sayed, Hassan, 2019. "Prospects for a revival in U. S. productivity growth," Journal of Policy Modeling, Elsevier, vol. 41(3), pages 444-458.
    16. John G. Fernald & Huiyu Li, 2022. "The Impact of COVID on Productivity and Potential Output," Working Paper Series 2022-19, Federal Reserve Bank of San Francisco.
    17. Yépez, Carlos A., 2017. "Financial intermediation, consumption dynamics, and business cycles," Economic Modelling, Elsevier, vol. 60(C), pages 231-243.
    18. Mark Bils & Yongsung Chang & Sun-Bin Kim, 2019. "How Sticky Wages In Existing Jobs Can Affect Hiring," Working Paper Series no118, Institute of Economic Research, Seoul National University.
    19. Christian vom Lehn & Thomas Winberry, 2019. "Investment Networks, Sectoral Comovement, and the Changing U.S. Business Cycle," 2019 Meeting Papers 1158, Society for Economic Dynamics.
    20. Bils, Mark & Kudlyak, Marianna & Lins, Paulo, 2023. "The Quality-Adjusted Cyclical Price of Labor," IZA Discussion Papers 16024, Institute of Labor Economics (IZA).
    21. Lise Clain-Chamosset-Yvrard & Xavier Raurich & Thomas Seegmuller, 2024. "Entrepreneurship, growth and productivity with bubbles," Post-Print hal-04718292, HAL.
    22. Patrick Alexander & Michael Francis & Christopher Hajzler & Kristina Hess & Patrick Kirby & Louis Poirier & Sri Thanabalasingam, 2017. "Assessing Global Potential Output Growth," Staff Analytical Notes 17-3, Bank of Canada.
    23. Pierre St-Amant & David Tessier, 2018. "Firm Dynamics and Multifactor Productivity: An Empirical Exploration," Staff Working Papers 18-15, Bank of Canada.
    24. Tommaso Ferraresi & Andrea Roventini & Willi Semmler, 2016. "Macroeconomic regimes, technological shocks and employment dynamics," Documents de Travail de l'OFCE 2016-19, Observatoire Francais des Conjonctures Economiques (OFCE).
    25. Hashmat Khan & Konstantinos Metaxoglou, 2021. "The Behavior of the Aggregate U.S. Wage Markdown," Carleton Economic Papers 21-06, Carleton University, Department of Economics.
    26. Ewa Rollnik-Sadowska & Marta Jarocka & Edyta Dabrowska, 2020. "Diversity of Regional Labour Markets in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 33-51.
    27. La Torre, Davide & Marsiglio,Simone & Mendivil, Franklin & Privileggi, Fabio, 2023. "Stochastic Optimal Growth through State-Dependent Probabilities," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202312, University of Turin.
    28. Andrew E. Evans, 2020. "Average labour productivity dynamics over the business cycle," Empirical Economics, Springer, vol. 59(4), pages 1833-1863, October.
    29. Hashmat Khan & Christopher R. Knittel & Konstantinos Metaxoglou & Maya Papineau, 2016. "Carbon Emissions and Business Cycles," NBER Working Papers 22294, National Bureau of Economic Research, Inc.
    30. Brault, Joshua & Khan, Hashmat, 2024. "Large firms and the cyclicality of US labour productivity," Journal of Macroeconomics, Elsevier, vol. 82(C).
    31. Wroński Marcin, 2019. "The productivity growth slowdown in advanced economies: causes and policy recommendations," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 55(4), pages 391-406, December.
    32. John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017. "The Disappointing Recovery of Output after 2009," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(1 (Spring), pages 1-81.
    33. Sebastian Doerr, 2019. "Unintended side effects: stress tests, entrepreneurship, and innovation," BIS Working Papers 823, Bank for International Settlements.
    34. Gregor Bäurle & Sarah M. Lein & Elizabeth Steiner, 2017. "Employment Adjustment and Financial Constraints - Evidence from Firm-level Data," Working Papers 2017-18, Swiss National Bank.
    35. Syed M. Hussain, Zara Liaqat, 2025. "News Shocks, Consumer Confidence, and Business Cycles," LCERPA Working Papers jc0155, Laurier Centre for Economic Research and Policy Analysis, revised Apr 2025.
    36. Stamegna, Marco, 2022. "Induced innovation, the distributive cycle, and the changing pattern of labour productivity cyclicality: a SVAR analysis for the US economy," MPRA Paper 113855, University Library of Munich, Germany.
    37. Jakub Growiec & Peter McAdam & Jakub dup Muck, 2023. "R&D Capital and the Idea Production Function," Research Working Paper RWP 23-05, Federal Reserve Bank of Kansas City.
    38. Anthony Savagar, 2021. "Measured Productivity with Endogenous Markups and Economic Profits," Discussion Papers 2110, Centre for Macroeconomics (CFM).
    39. Dieppe, Alistair & Francis, Neville & Kindberg-Hanlon, Gene, 2021. "Technology and demand drivers of productivity dynamics in developed and emerging market economies," Working Paper Series 2533, European Central Bank.
    40. Doerr, Sebastian, 2018. "Collateral, Reallocation, and Aggregate Productivity: Evidence from the U.S. Housing Boom," MPRA Paper 106163, University Library of Munich, Germany.
    41. Yépez, Carlos A., 2017. "Financial conditions and labor productivity over the business cycle," Economics Letters, Elsevier, vol. 150(C), pages 34-38.
    42. Walter Paternesi Meloni, 2024. "Okun vs. Verdoorn: distinguishing between cyclical and structural effects of output on productivity," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(2), pages 295-325, July.
    43. Dieppe, Alistair & Francis, Neville & Kindberg-Hanlon, Gene, 2021. "Technological and non-technological drivers of productivity dynamics in developed and emerging market economies," Journal of Economic Dynamics and Control, Elsevier, vol. 131(C).
    44. Dossche, Maarten & Gazzani, Andrea & Lewis, Vivien, 2021. "Labor adjustment and productivity in the OECD," Working Paper Series 2571, European Central Bank.
    45. Claudio, João C. & von Schweinitz, Gregor, 2020. "On the international dissemination of technology news shocks," IWH Discussion Papers 25/2020, Halle Institute for Economic Research (IWH).
    46. C. A. K. Lovell, 2021. "The Pandemic, The Climate, and Productivity," CEPA Working Papers Series WP112021, School of Economics, University of Queensland, Australia.
    47. Flynn, Zach, 2019. "Unproductive by choice: substitution and the slowdown in aggregate productivity growth in the United States," SocArXiv sw42f, Center for Open Science.
    48. Lewis, Vivien & Villa, Stefania, 2023. "Labor productivity, effort and the Euro Area business cycle," CEPR Discussion Papers 18389, C.E.P.R. Discussion Papers.
    49. Tóth, Máté, 2021. "A multivariate unobserved components model to estimate potential output in the euro area: a production function based approach," Working Paper Series 2523, European Central Bank.
    50. Christian vom Lehn & Thomas Winberry, 2018. "The Changing Nature of Sectoral Comovement," 2018 Meeting Papers 277, Society for Economic Dynamics.
    51. Dimitris Christopoulos & Peter McAdam & Elias Tzavalis, 2023. "Exploring Okun's law asymmetry: An endogenous threshold logistic smooth transition regression approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(1), pages 123-158, February.
    52. Alexander Murray, 2017. "What Explains the Post-2004 U.S.Productivity Slowdown?," CSLS Research Reports 2017-05, Centre for the Study of Living Standards.
    53. Bäurle, Gregor & Lein, Sarah M. & Steiner, Elizabeth, 2021. "Employment adjustment and financial tightness – Evidence from firm-level data," Journal of International Money and Finance, Elsevier, vol. 115(C).
    54. Zuzana Molnarova, 2020. "Industry evidence and the vanishing cyclicality of labor productivity," Vienna Economics Papers vie2001, University of Vienna, Department of Economics.
    55. Michael C. Burda, 2018. "Aggregate labor productivity," IZA World of Labor, Institute of Labor Economics (IZA), pages 435-435, April.
    56. Ifrim, Adrian, 2023. "Sentimental Discount Rate Shocks," EconStor Preprints 268363, ZBW - Leibniz Information Centre for Economics.
    57. Jakub Growiec & Peter McAdam & Jakub Mućk, 2022. "Are Ideas Really Getting Harder To Find? R&D Capital and the Idea Production Function," KAE Working Papers 2022-071, Warsaw School of Economics, Collegium of Economic Analysis.
    58. Marco Stamegna, 2024. "Induced innovation, the distributive cycle, and the changing pattern of labour productivity cyclicality: an SVAR analysis for the US economy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(3), pages 881-929, October.
    59. Huachen Li, 2023. "The Time‐Varying Response of Hours Worked to a Productivity Shock," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(7), pages 1907-1935, October.
    60. Janice C. dup Eberly & John dup Fernald, 2022. "Jackson Hole 2022 - Reassessing Economic Constraints: Potential Output (The Impact of COVID on Productivity and Potential Output)," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, August.
    61. Saeed Zaman, 2021. "A Unified Framework to Estimate Macroeconomic Stars," Working Papers 21-23R2, Federal Reserve Bank of Cleveland, revised 31 May 2024.

  15. Fernald, John & Hsu, Eric & Spiegel, Mark M., 2015. "Is China fudging its figures? Evidence from trading partner data," BOFIT Discussion Papers 29/2015, Bank of Finland Institute for Emerging Economies (BOFIT).

    Cited by:

    1. Zheng Liu & Mark M. Spiegel & Andrew Tai, 2016. "Measuring the Effects of Dollar Appreciation on Asia: A Favar Approach," Working Paper Series 2016-30, Federal Reserve Bank of San Francisco.
    2. Gern, Klaus-Jürgen & Hauber, Philipp & Kooths, Stefan & Stolzenburg, Ulrich, 2017. "Weltkonjunktur im Winter 2017 - Weltwirtschaft weiter im Aufschwung [World Economy Winter 2017 - World economic upswing continues]," Kieler Konjunkturberichte 37, Kiel Institute for the World Economy (IfW Kiel).
    3. Horn, Sebastian & Reinhart, Carmen M. & Trebesch, Christoph, 2019. "China's overseas lending," Kiel Working Papers 2132, Kiel Institute for the World Economy (IfW Kiel).
    4. Lodge, David & Soudan, Michel, 2019. "Credit, financial conditions and the business cycle in China," Working Paper Series 2244, European Central Bank.
    5. Harry X. WU & Zhan LI, 2021. "Reassessing China's GDP Growth Performance: an Exploration of The Underestimated Price Effect," Discussion papers 21018, Research Institute of Economy, Trade and Industry (RIETI).
    6. John G. Fernald & Eric Hsu & Mark M. Spiegel, 2014. "Has China’s economy become more “standard”?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    7. Peng Bin, 2016. "Dynamic Development of Regional Disparity in Mainland China: An Experimental Study Based on a Multidimensional Index," Sustainability, MDPI, vol. 8(12), pages 1-28, December.
    8. Wei Chen & Xilu Chen & Chang-Tai Hsieh & Zheng Song, 2019. "A Forensic Examination of China's National Accounts," NBER Working Papers 25754, National Bureau of Economic Research, Inc.
    9. Liu, Ping & James Hueng, C., 2017. "Measuring real business condition in China," China Economic Review, Elsevier, vol. 46(C), pages 261-274.
    10. Hunter Clark & Maxim Pinkovskiy & Xavier Sala-i-Martin, 2017. "China's GDP Growth May be Understated," NBER Working Papers 23323, National Bureau of Economic Research, Inc.

  16. Fernald, John & Hsu, Eric & Spiegel, Mark M., 2015. "Is China fudging its figures? Evidence from trading partner data," BOFIT Discussion Papers 29/2015, Bank of Finland Institute for Emerging Economies (BOFIT).

    Cited by:

    1. Zheng Liu & Mark M. Spiegel & Andrew Tai, 2016. "Measuring the Effects of Dollar Appreciation on Asia: A Favar Approach," Working Paper Series 2016-30, Federal Reserve Bank of San Francisco.
    2. Gern, Klaus-Jürgen & Hauber, Philipp & Kooths, Stefan & Stolzenburg, Ulrich, 2017. "Weltkonjunktur im Winter 2017 - Weltwirtschaft weiter im Aufschwung [World Economy Winter 2017 - World economic upswing continues]," Kieler Konjunkturberichte 37, Kiel Institute for the World Economy (IfW Kiel).
    3. Horn, Sebastian & Reinhart, Carmen M. & Trebesch, Christoph, 2019. "China's overseas lending," Kiel Working Papers 2132, Kiel Institute for the World Economy (IfW Kiel).
    4. Lodge, David & Soudan, Michel, 2019. "Credit, financial conditions and the business cycle in China," Working Paper Series 2244, European Central Bank.
    5. Harry X. WU & Zhan LI, 2021. "Reassessing China's GDP Growth Performance: an Exploration of The Underestimated Price Effect," Discussion papers 21018, Research Institute of Economy, Trade and Industry (RIETI).
    6. John G. Fernald & Eric Hsu & Mark M. Spiegel, 2014. "Has China’s economy become more “standard”?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    7. Peng Bin, 2016. "Dynamic Development of Regional Disparity in Mainland China: An Experimental Study Based on a Multidimensional Index," Sustainability, MDPI, vol. 8(12), pages 1-28, December.
    8. Wei Chen & Xilu Chen & Chang-Tai Hsieh & Zheng Song, 2019. "A Forensic Examination of China's National Accounts," NBER Working Papers 25754, National Bureau of Economic Research, Inc.
    9. Liu, Ping & James Hueng, C., 2017. "Measuring real business condition in China," China Economic Review, Elsevier, vol. 46(C), pages 261-274.
    10. Hunter Clark & Maxim Pinkovskiy & Xavier Sala-i-Martin, 2017. "China's GDP Growth May be Understated," NBER Working Papers 23323, National Bureau of Economic Research, Inc.

  17. John G. Fernald & Charles I. Jones, 2014. "The Future of U.S. Economic Growth," Working Paper Series 2014-2, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Matilde Giaccherini & David H. Herberich & David Jimenez-Gomez & John A. List & Giovanni Ponti & Michael K. Price, 2019. "The Behavioralist Goes Door-To-Door: Understanding Household Technological Diffusion Using a Theory-Driven Natural Field Experiment," NBER Working Papers 26173, National Bureau of Economic Research, Inc.
    2. Mariolis, Theodore, 2014. "Η θεωρία οικονομικών κρίσεων του Karl Marx [Karl Marx’s theory of economic crises]," MPRA Paper 56831, University Library of Munich, Germany.
    3. Thomas H. W. Ziesemer, 2022. "Foreign R&D spillovers to the USA and strategic reactions," Applied Economics, Taylor & Francis Journals, vol. 54(37), pages 4274-4291, August.
    4. Huber, Kilian, 2018. "Disentangling the effects of a banking crisis: evidence from German firms and counties," LSE Research Online Documents on Economics 87410, London School of Economics and Political Science, LSE Library.
    5. Fritz, Marlon & Gries, Thomas & Feng, Yuanhua, 2019. "Secular stagnation? Is there statistical evidence of an unprecedented, systematic decline in growth?," Economics Letters, Elsevier, vol. 181(C), pages 47-50.
    6. John G. Fernald & Robert Inklaar & Dimitrije Ruzic, 2023. "The Productivity Slowdown in Advanced Economies: Common Shocks or Common Trends?," Working Paper Series 2023-07, Federal Reserve Bank of San Francisco.
    7. Goldin, Ian & Koutroumpis, Pantelis & Lafond, François & Winkler, Julian, 2020. "Why is productivity slowing down?," MPRA Paper 99172, University Library of Munich, Germany.
    8. Matilde Giaccherini & David Herberich & David Jimenez-Gomez & John List & Giovanni Ponti & Michael Price, 2020. "Are Economics and Psychology Complements in Household Technology Diffusion? Evidence from a Natural Field Experiment," Natural Field Experiments 00713, The Field Experiments Website.
    9. Gilbert Cette & John Fernald & Benoît Mojon, 2016. "The pre-Great Recession slowdown in productivity," Post-Print hal-01725475, HAL.
    10. Kevin X. D. Huang & Munechika Katayama & Mototsugu Shintani & Takayuki Tsuruga, 2022. "Sticky Wages in a World of Ideas," ISER Discussion Paper 1159, Institute of Social and Economic Research, The University of Osaka.
    11. Kaniovski, Serguei, 2017. "The Optimal Use of Exhaustible Resources under Nonconstant Returns to Scale," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168079, Verein für Socialpolitik / German Economic Association.
    12. Marvin Goodfriend & John McDermott, 2021. "The American System of economic growth," Journal of Economic Growth, Springer, vol. 26(1), pages 31-75, March.
    13. John G. Fernald & Huiyu Li, 2022. "The Impact of COVID on Productivity and Potential Output," Working Paper Series 2022-19, Federal Reserve Bank of San Francisco.
    14. Kushlin, Valery Ivanovich (Кушлин, Валерий Иванович) & Ustenko, V.S. (Устенко, В.С.), 2016. "Analysis of International Experience of Intensification of Scientific and Innovative Activity in the Modern Unstable Conditions [Анализ Международного Опыта Активизации Научно-Инновационной Деятель," Working Papers 2832, Russian Presidential Academy of National Economy and Public Administration.
    15. Henrik Braconier & Giuseppe Nicoletti & Ben Westmore, 2015. "Policy challenges for the next 50 years," OECD Journal: Economic Studies, OECD Publishing, vol. 2015(1), pages 9-66.
    16. Yiming Zhou, 2017. "Urban wage inequality and economic agglomeration," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 59(2), pages 475-494, September.
    17. Ziesemer, Thomas, 2021. "Labour-augmenting technical change data for alternative elasticities of substitution, growth, slowdown, and distribution dynamics," MERIT Working Papers 2021-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    18. Gilbert Mbara & Joanna Tyrowicz & Ryszard Kokoszczynski, 2017. "Striking a balance: optimal tax policy with labor market duality," Working Papers 2017-12, Faculty of Economic Sciences, University of Warsaw.
    19. Zhu, Zhishuang & Liao, Hua & Liu, Li, 2021. "The role of public energy R&D in energy conservation and transition: Experiences from IEA countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
    20. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2024. "Capital income taxation and reforming social security in an OLG economy," Journal of Economic Dynamics and Control, Elsevier, vol. 165(C).
    21. Georges Daw, 2024. "Impact of technical change via intermediate consumption: exhaustive general equilibrium growth accounting and reassessment applied to USA 1954–1990 [Impacto del cambio técnico a través de los consu," Post-Print halshs-04580511, HAL.
    22. Georges Daw, 2022. "Determinants of Wealth Disparities in the EU: A Multi-scale Development Accounting Investigation," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(2), pages 211-254, June.
    23. Steven P Dehmer & Philip G Pardey & Jason M Beddow & Yuan Chai, 2019. "Reshuffling the global R&D deck, 1980-2050," PLOS ONE, Public Library of Science, vol. 14(3), pages 1-12, March.
    24. Xiangmin Zhang & Bin Yu & Hailong Yu & Zhuofan Li & Shen Luo & Jianwu Sun & Yong Fan, 2021. "Spatial Distribution and Geographical Mechanism of Natural Resources in China under the Orientation of the New Economic Demands," Sustainability, MDPI, vol. 13(14), pages 1-19, July.
    25. Chen, Been-Lon & Hsu, Mei & Lai, Chih-Fang, 2016. "Relation between growth and unemployment in a model with labor-force participation and adverse labor institutions," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 273-292.
    26. Ciaffi, Giovanna & Deleidi, Matteo & Di Bucchianico, Stefano, 2024. "Stagnation despite ongoing innovation: Is R&D expenditure composition a missing link? An empirical analysis for the US (1948–2019)," Technological Forecasting and Social Change, Elsevier, vol. 206(C).
    27. Garín, Julio & Lester, Robert & Sims, Eric & Wolff, Jonathan, 2019. "Without looking closer, it may seem cheap: Low interest rates and government borrowing," Economics Letters, Elsevier, vol. 180(C), pages 28-32.
    28. John Fernald & Robert Inklaar, 2022. "The UK Productivity Puzzle in an International Comparative Perspective," Working Papers 020, The Productivity Institute.
    29. Eckstein, Zvi & Sarid, Assaf & Tamir, Yuli (Yael), 2016. "Do cognitive skills Impact Growth or Levels of GDP per capita?," CEPR Discussion Papers 11425, C.E.P.R. Discussion Papers.
    30. Steve Ambler & Craig Alexander, 2015. "One Percent? For Real? Insights from Modern Growth Theory about Future Investment Returns," e-briefs 216, C.D. Howe Institute.
    31. Charles I. Jones, 2015. "The Facts of Economic Growth," NBER Working Papers 21142, National Bureau of Economic Research, Inc.
    32. Donadelli, M. & Paradiso, A. & Livieri, G., 2019. "Adding cycles into the neoclassical growth model," Economic Modelling, Elsevier, vol. 78(C), pages 162-171.
    33. Zhang, Xiaoge, 2022. "Belief-driven growth slowdowns and zero-bounded risk-free rate," The North American Journal of Economics and Finance, Elsevier, vol. 59(C).
    34. Zhongqi Deng & Yu Zhang & Ao Yu, 2020. "The New Economy in China: An Intercity Comparison," SAGE Open, , vol. 10(4), pages 21582440209, December.
    35. Sweet, Cassandra & Eterovic, Dalibor, 2019. "Do patent rights matter? 40 years of innovation, complexity and productivity," World Development, Elsevier, vol. 115(C), pages 78-93.
    36. Zhang, Ning & Duan, Huabo & Miller, Travis R. & Tam, Vivian W.Y. & Liu, Gang & Zuo, Jian, 2020. "Mitigation of carbon dioxide by accelerated sequestration in concrete debris," Renewable and Sustainable Energy Reviews, Elsevier, vol. 117(C).
    37. Akos Valentinyi, 2018. "Quantity Measurement and Balanced Growth in Multi-Sector Growth Models," 2018 Meeting Papers 837, Society for Economic Dynamics.
    38. Canyon Bosler & Mary C. Daly & John G. Fernald & Bart Hobijn, 2017. "The Outlook for US Labor-Quality Growth," NBER Chapters, in: Education, Skills, and Technical Change: Implications for Future US GDP Growth, pages 61-110, National Bureau of Economic Research, Inc.
    39. Samira Hasanzadeh & Hashmat Khan, 2016. "Sources of Canadian Economic Growth," Carleton Economic Papers 16-02, Carleton University, Department of Economics, revised 16 Oct 2017.
    40. Eva Gruševá & Veronika Blašková, 2022. "Education as a factor influencing the economic growth of the V4 countries," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 24(2), pages 58-69, December.
    41. James Malley & Apostolis Philippopoulos, 2023. "Stimulating long-term growth and welfare in the U.S," Working Papers 2023_10, Business School - Economics, University of Glasgow.
    42. Simcha Barkai, 2020. "Declining Labor and Capital Shares," Journal of Finance, American Finance Association, vol. 75(5), pages 2421-2463, October.
    43. Qingyang Wu, 2023. "Sustainable growth through industrial robot diffusion: Quasi‐experimental evidence from a Bartik shift‐share design," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(4), pages 1107-1133, October.
    44. Duernecker, Georg & Herrendorf, Berthold & Valentinyi, Ákos, 2021. "The productivity growth slowdown and Kaldor’s growth facts," Journal of Economic Dynamics and Control, Elsevier, vol. 130(C).
    45. Sergey Aseev & Konstantin Besov & Serguei Kaniovski, 2016. "The Optimal Use of Exhaustible Resources Under Non-constant Returns to Scale," WIFO Working Papers 525, WIFO.
    46. Serguei Kaniovski & Thomas Url & Helmut Hofer & Sandra Müllbacher, 2014. "A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results (2014)," WIFO Studies, WIFO, number 47254, March.
    47. Miguel Casares & Hashmat Khan, 2014. "Entry, Exit and Economic Growth: US Regional Evidence," Carleton Economic Papers 14-08, Carleton University, Department of Economics.
    48. Gerlagh, Reyer, 2022. "Climate, Technology, Family Size; on the Crossroad between Two Ultimate Externalities," Other publications TiSEM b6d5b02f-4624-46fd-836a-b, Tilburg University, School of Economics and Management.
    49. Michael Donadelli & Vahid Mojtahed & Antonio Paradiso, 2015. "Technological Progress, Investment Frictions and Business Cycle: New Insights from a Neoclassical Growth Model," Working Papers LuissLab 15119, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    50. Gerlagh, Reyer, 2022. "Climate, Technology, Family Size; on the Crossroad between Two Ultimate Externalities," Discussion Paper 2022-027, Tilburg University, Center for Economic Research.
    51. Lu, Chia-Hui, 2021. "The impact of artificial intelligence on economic growth and welfare," Journal of Macroeconomics, Elsevier, vol. 69(C).
    52. Gunther Tichy, 2019. "Die nachhaltigen Folgen der Finanzkrise," WIFO Monatsberichte (monthly reports), WIFO, vol. 92(1), pages 47-60, January.
    53. Patrizio Pagano & Massimo Sbracia, 2014. "The secular stagnation hypothesis: a review of the debate and some insights," Questioni di Economia e Finanza (Occasional Papers) 231, Bank of Italy, Economic Research and International Relations Area.
    54. Akos Valentinyi & Georg Duernecker, 2017. "Unbalanced Growth Slowdown," 2017 Meeting Papers 822, Society for Economic Dynamics.
    55. Thomas B Götz & Klemens Hauzenberger, 2021. "Large mixed-frequency VARs with a parsimonious time-varying parameter structure," The Econometrics Journal, Royal Economic Society, vol. 24(3), pages 442-461.
    56. Gerlagh, Reyer, 2023. "Climate, technology, family size; on the crossroad between two ultimate externalities," European Economic Review, Elsevier, vol. 152(C).
    57. Janice C. dup Eberly & John dup Fernald, 2022. "Jackson Hole 2022 - Reassessing Economic Constraints: Potential Output (The Impact of COVID on Productivity and Potential Output)," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, August.

  18. Mary C. Daly & John G. Fernald & Òscar Jordà & Fernanda Nechio, 2014. "Labor Markets in the Global Financial Crisis: The Good, the Bad and the Ugly," Working Paper Series 2014-11, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Claudia Foroni & Francesco Furlanetto, 2022. "Explaining Deviations from Okun’s Law," Working Paper 2022/4, Norges Bank.
    2. Mark Elder & Magnus Bengtsson & Lewis Akenji, 2016. "An Optimistic Analysis of the Means of Implementation for Sustainable Development Goals: Thinking about Goals as Means," Sustainability, MDPI, vol. 8(9), pages 1-24, September.
    3. Anna-Maria Kanzola, 2024. "The Knowledge Content of the Greek Production Structure in the Aftermath of the Greek Crisis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 936-957, March.
    4. Levin, Andrew T., 2014. "The design and communication of systematic monetary policy strategies," Journal of Economic Dynamics and Control, Elsevier, vol. 49(C), pages 52-69.

  19. John G. Fernald & Mark M. Spiegel & Eric T. Swanson, 2014. "Monetary Policy Effectiveness in China: Evidence from a FAVAR Model," Working Paper Series 2014-7, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Funke, Michael & Mihaylovski, Petar & Zhu, Haibin, 2015. "Monetary policy transmission in China: A DSGE model with parallel shadow banking and interest rate control," BOFIT Discussion Papers 9/2015, Bank of Finland Institute for Emerging Economies (BOFIT).
    2. Michael Funke & Andrew Tsang, 2021. "The Direction and Intensity of China’s Monetary Policy: A Dynamic Factor Modelling Approach," The Economic Record, The Economic Society of Australia, vol. 97(316), pages 100-122, March.
    3. Zheng Liu & Mark M. Spiegel & Andrew Tai, 2016. "Measuring the Effects of Dollar Appreciation on Asia: A Favar Approach," Working Paper Series 2016-30, Federal Reserve Bank of San Francisco.
    4. Kaiji Chen & Patrick Higgins & Daniel F. Waggoner & Tao Zha, 2016. "Impacts of Monetary Stimulus on Credit Allocation and the Macroeconomy: Evidence from China," NBER Working Papers 22650, National Bureau of Economic Research, Inc.
    5. Ivan Roberts & Graham White, 2015. "Seasonal Adjustment of Chinese Economic Statistics," RBA Research Discussion Papers rdp2015-13, Reserve Bank of Australia.
    6. Lai, Jennifer & Chen, Hongyi & McNelis, Paul D., 2020. "Macroeconomic adjustment with managed exchange rates and capital controls: Some lessons from China," Economic Modelling, Elsevier, vol. 91(C), pages 759-768.
    7. Chunni Wang, 2020. "Can RMB Exchange Rate Expectations Explain the Fluctuations of China’s Housing Prices?," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 10(5), pages 1-12.
    8. John Fernald, 2015. "Comment on "Trends and Cycles in China's Macroeconomy"," NBER Chapters, in: NBER Macroeconomics Annual 2015, Volume 30, pages 90-100, National Bureau of Economic Research, Inc.
    9. Junli Cheng & Feng Lin, 2022. "The Dynamic Effects of Urban–Rural Income Inequality on Sustainable Economic Growth under Urbanization and Monetary Policy in China," Sustainability, MDPI, vol. 14(11), pages 1-23, June.
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    74. Breitenlechner, Max & Nuutilainen, Riikka, 2019. "China's monetary policy and the loan market: How strong is the credit channel in China?," BOFIT Discussion Papers 15/2019, Bank of Finland Institute for Emerging Economies (BOFIT).
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    81. Jianhao Lin & Jiacheng Fan & Yifan Zhang & Liangyuan Chen, 2023. "Real‐time macroeconomic projection using narrative central bank communication," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(2), pages 202-221, March.
    82. Yifan Chen & Jianhua Gang & Zongxin Qian & Jinfan Zhang, 2023. "Rationality test in the housing market: Project‐level evidence from China," Journal of Regional Science, Wiley Blackwell, vol. 63(3), pages 583-616, June.
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    1. Ziegenbein, Alexander, 2021. "Macroeconomic shocks and Okun’s Law," Economics Letters, Elsevier, vol. 202(C).

  21. Mary C. Daly & John G. Fernald & Òscar Jordà & Fernanda Nechio, 2013. "Shocks and Adjustments," Working Paper Series 2013-32, Federal Reserve Bank of San Francisco.

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    1. Mendieta-Muñoz, Ivan, 2017. "On The Interaction Between Economic Growth And Business Cycles," Macroeconomic Dynamics, Cambridge University Press, vol. 21(4), pages 982-1022, June.
    2. Elva Bova & Christina Kolerus & Sampawende Tapsoba, 2015. "A fiscal job? An analysis of fiscal policy and the labor market," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-17, December.
    3. Robert Anderton & Boele Bonthuis, 2015. "Downward Wage Rigidities in the Euro Area," Discussion Papers 2015-09, University of Nottingham, GEP.
    4. Claudia Foroni & Francesco Furlanetto, 2022. "Explaining Deviations from Okun’s Law," Working Paper 2022/4, Norges Bank.
    5. Daly, Mary C. & Fernald, John G. & Jordà, Òscar & Nechio, Fernanda, 2014. "Labour Markets in the Global Financial Crisis: The Good, the Bad and the Ugly," National Institute Economic Review, National Institute of Economic and Social Research, vol. 228, pages 58-64, May.
    6. John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017. "The Disappointing Recovery of Output after 2009," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(1 (Spring), pages 1-81.

  22. John G. Fernald, 2012. "Productivity and potential output before, during, and after the Great Recession," Working Paper Series 2012-18, Federal Reserve Bank of San Francisco.

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    2. Nathan Goldschlag* & Javier Miranda†, 2016. "Business Dynamics Statistics of High Tech Industries," Working Papers 16-55, Center for Economic Studies, U.S. Census Bureau.
    3. Gordon, Robert J. & Sayed, Hassan, 2020. "Transatlantic Technologies: The Role of ICT in the Evolution of U.S. and European Productivity Growth," CEPR Discussion Papers 15011, C.E.P.R. Discussion Papers.
    4. Cho, Jaehan & DeStefano, Timothy & Kim, Hanhin & Kim, Inchul & Paik, Jin Hyun, 2023. "What's driving the diffusion of next-generation digital technologies?," Technovation, Elsevier, vol. 119(C).
    5. Congressional Budget Office, 2022. "Quantifying the Uncertainty of Long-Term Economic Projections: Working Paper 2022-07," Working Papers 57711, Congressional Budget Office.
    6. Pu Chen & Willi Semmler, 2018. "Short and Long Effects of Productivity on Unemployment," Open Economies Review, Springer, vol. 29(4), pages 853-878, September.
    7. Dario Caldara & Etienne Gagnon & Enrique Martínez García & Christopher J. Neely, 2020. "Monetary Policy and Economic Performance since the Financial Crisis," Finance and Economics Discussion Series 2020-065, Board of Governors of the Federal Reserve System (U.S.).
    8. Hans Gersbach & Jean-Charles Rochet & Martin Scheffel, 2019. "Financial Intermediation, Capital Accumulation and Crisis Recovery," Swiss Finance Institute Research Paper Series 19-62, Swiss Finance Institute.
    9. Michael T. Owyang & Jeremy Piger & Daniel Soques, 2022. "Contagious switching," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 415-432, March.
    10. Aysun, Uluc, 2024. "Technology diffusion and international business cycles," Journal of International Money and Finance, Elsevier, vol. 140(C).
    11. Ms. Wenjie Chen & Mr. Mico Mrkaic & Mr. Malhar S Nabar, 2019. "The Global Economic Recovery 10 Years After the 2008 Financial Crisis," IMF Working Papers 2019/083, International Monetary Fund.
    12. Mendieta-Muñoz, Ivan, 2017. "On The Interaction Between Economic Growth And Business Cycles," Macroeconomic Dynamics, Cambridge University Press, vol. 21(4), pages 982-1022, June.
    13. Maryam Farboodi & Péter Kondor, 2022. "Heterogeneous Global Booms and Busts," American Economic Review, American Economic Association, vol. 112(7), pages 2178-2212, July.
    14. Robert J. Gordon, 2014. "A New Method of Estimating Potential Real GDP Growth: Implications for the Labor Market and the Debt/GDP Ratio," NBER Working Papers 20423, National Bureau of Economic Research, Inc.
    15. Kovács, Olivér, 2020. "Gazellák az iparpolitika tükrében, II [Gazelles and industrial policy, Part II]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 181-205.
    16. Abbritti, Mirko & Consolo, Agostino, 2022. "Labour market skills, endogenous productivity and business cycles," Working Paper Series 2651, European Central Bank.
    17. Stanley Fischer, 2017. "Government Policy and Labor Productivity : a speech at the \"Washington Transformation? Politics, Policies, Prospects,\" a forum sponsored by the Summer Institute of Martha’s Vineyard Hebrew," Speech 962, Board of Governors of the Federal Reserve System (U.S.).
    18. Gordon, Robert J. & Sayed, Hassan, 2019. "The Industry Anatomy of the Transatlantic Productivity Growth Slowdown," CEPR Discussion Papers 13751, C.E.P.R. Discussion Papers.
    19. Bart Hobijn & John Fernald, 2015. "World TFP," 2015 Meeting Papers 1235, Society for Economic Dynamics.
    20. Robert E. Hall, 2016. "Macroeconomics of Persistent Slumps," NBER Working Papers 22230, National Bureau of Economic Research, Inc.
    21. Miguel Almunia & David López-Rodríguez & Enrique Moral-Benito, 2018. "Evaluating the macro-representativeness of a firm-level database: an application for the Spanish economy," Occasional Papers 1802, Banco de España.
    22. Callum Jones & Mariano Kulish & James Morley, 2024. "A Structural Measure of the Shadow Federal Funds Rate," Working Papers 2024-05, University of Sydney, School of Economics.
    23. Aysun, Uluc, 2020. "Volatility costs of R&D," European Economic Review, Elsevier, vol. 122(C).
    24. Violante, Giovanni & , & Engbom, Niklas & Mongey, Simon, 2019. "Firm and Worker Dynamics in a Frictional Labor Market," CEPR Discussion Papers 14246, C.E.P.R. Discussion Papers.
    25. Huber, Kilian, 2018. "Disentangling the effects of a banking crisis: evidence from German firms and counties," LSE Research Online Documents on Economics 87410, London School of Economics and Political Science, LSE Library.
    26. Emmanuel Farhi & Francois Gourio, 2018. "Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(2 (Fall)), pages 147-250.
    27. John G. Fernald, 2017. "Paradox resolved? A review of the Rise and Fall of American Growth, by Robert J. Gordon," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 52(4), pages 265-267, October.
    28. Giovanni Nicolo, 2020. "Monetary Policy, Self-Fulfilling Expectations and the U.S. Business Cycle," Finance and Economics Discussion Series 2020-035, Board of Governors of the Federal Reserve System (U.S.).
    29. Kleczka, Mitja, 2015. "Monetary Policy, Fiscal Policy, and Secular Stagnation at the Zero Lower Bound. A View on the Eurozone," MPRA Paper 67228, University Library of Munich, Germany.
    30. Reddy, Niall, 2024. "“Downsize And Distribute” Or “Merge And Monopolize”? A Critique Of Corporate Financialization Theories," SocArXiv 2zy5h, Center for Open Science.
    31. Mr. Andrea Pescatori & Mr. Jarkko Turunen, 2015. "Lower for Longer: Neutral Rates in the United States," IMF Working Papers 2015/135, International Monetary Fund.
    32. Fatih Guvenen & Raymond J. Mataloni Jr. & Dylan G. Rassier & Kim J. Ruhl, 2022. "Offshore Profit Shifting and Aggregate Measurement: Balance of Payments, Foreign Investment, Productivity, and the Labor Share," American Economic Review, American Economic Association, vol. 112(6), pages 1848-1884, June.
    33. Melolinna, Marko & Tóth, Máté, 2016. "Output gaps, inflation and financial cycles in the United Kingdom," Bank of England working papers 585, Bank of England.
    34. Andrew Phiri & Chuma Mbaleki & Christian Nsiah, 2022. "Fiscal expenditures, revenues and labour productivity in South Africa," Cogent Economics & Finance, Taylor & Francis Journals, vol. 10(1), pages 2062912-206, December.
    35. Fatih Guvenen & Raymond J. Mataloni Jr. & Dylan G. Rassier & Kim J. Ruhl, 2018. "Offshore Profit Shifting and Domestic Productivity Measurement," Working Papers 751, Federal Reserve Bank of Minneapolis.
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    42. Cascaldi-Garcia, Danilo & Vukoti, Marija & Zubairy, Sarah, 2023. "Innovation During Challenging Times," The Warwick Economics Research Paper Series (TWERPS) 1475, University of Warwick, Department of Economics.
    43. Juan Antolin-Diaz & Thomas Drechsel & Ivan Petrella, 2014. "Tracking the Slowdown in Long-Run GDP Growth," Discussion Papers 1604, Centre for Macroeconomics (CFM), revised Jan 2016.
    44. Born, Benjamin & Peifer, Johannes, 2011. "Policy Risk and the Business Cycle," Bonn Econ Discussion Papers 06/2011, University of Bonn, Bonn Graduate School of Economics (BGSE).
    45. Diego Anzoategui & Diego Comin & Mark Gertler & Joseba Martinez, 2016. "Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence," NBER Working Papers 22005, National Bureau of Economic Research, Inc.
    46. Fan, Haichao & Gao, Xiang & Xu, Juanyi & Xu, Zhiwei, 2016. "News shock, firm dynamics and business cycles: Evidence and theory," Journal of Economic Dynamics and Control, Elsevier, vol. 73(C), pages 159-180.
    47. Ufuk Akcigit & Sina T. Ates, 2019. "What Happened to U.S. Business Dynamism?," NBER Working Papers 25756, National Bureau of Economic Research, Inc.
    48. Valerie A. Ramey, 2016. "Macroeconomic Shocks and Their Propagation," NBER Working Papers 21978, National Bureau of Economic Research, Inc.
    49. Thorsten Drautzburg & Jesus Fernandez-Villaverde & Pablo Guerron-Quintana & Dick Oosthuizen, 2024. "Filtering with Limited Information," PIER Working Paper Archive 24-016, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    50. Rujiwattanapong, W. Similan, 2018. "Unemployment insurance and labour productivity over the business cycle," LSE Research Online Documents on Economics 90872, London School of Economics and Political Science, LSE Library.
    51. Bernard Herskovic, 2015. "Networks in Production: Asset Pricing Implications," 2015 Meeting Papers 378, Society for Economic Dynamics.
    52. Magali Marx & Benoit Mojon & François Velde, 2017. "Why Have Interest Rates Fallen far Below the Return on Capital," Working papers 630, Banque de France.
    53. Thomas Philippon, 2022. "Additive Growth," NBER Working Papers 29950, National Bureau of Economic Research, Inc.
    54. Ravenna, Federico & Cacciatore, Matteo, 2020. "Uncertainty, Wages, and the Business Cycle," CEPR Discussion Papers 14715, C.E.P.R. Discussion Papers.
    55. Eugenia Vella & Sarantis Kalyvitis, 2011. "Public Capital Maintenance, Decentralization and U.s. Productivity Growth," DEOS Working Papers 1126, Athens University of Economics and Business.
    56. Lester, Robert & Pries, Michael & Sims, Eric, 2014. "Volatility and welfare," Journal of Economic Dynamics and Control, Elsevier, vol. 38(C), pages 17-36.
    57. van Rens, Thijs & Vukotic, Marija, 2020. "Delayed Adjustment and Persistence in Macroeconomic Models," The Warwick Economics Research Paper Series (TWERPS) 1245, University of Warwick, Department of Economics.
    58. Chaudourne, Jeremy & Fève, Patrick & Guay, Alain, 2012. "Understanding the Effect of Technology Shocks in SVARs with Long-Run Restrictions," IDEI Working Papers 738, Institut d'Économie Industrielle (IDEI), Toulouse.
    59. Noémie Lisack & Rana Sajedi & Gregory Thwaites, 2019. "Population Ageing and the Macroeconomy," Working papers 745, Banque de France.
    60. Bernstein, Joshua & Richter, Alexander W. & Throckmorton, Nathaniel A., 2021. "Cyclical net entry and exit," European Economic Review, Elsevier, vol. 136(C).
    61. Francesca Loria & Christian Matthes & Donghai Zhang, 2019. "Assessing Macroeconomic Tail Risk," Finance and Economics Discussion Series 2019-026, Board of Governors of the Federal Reserve System (U.S.).
    62. Andrew J. Fieldhouse & Karel Mertens, 2025. "The Social Returns to Public R&D," NBER Working Papers 33780, National Bureau of Economic Research, Inc.
    63. Ben Zeev, Nadav, 2018. "What can we learn about news shocks from the late 1990s and early 2000s boom-bust period?," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 94-105.
    64. Ben Zeev, Nadav & Pappa, Evi, 2015. "Multipliers of unexpected increases in defense spending: An empirical investigation," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 205-226.
    65. Ulrich K. Müller & Mark W. Watson, 2016. "Measuring Uncertainty about Long-Run Predictions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(4), pages 1711-1740.
    66. Giuseppe Moscarini & Fabien Postel-Vinay, 2014. "Wage Posting and Business Cycles: a Quantitative Exploration," SciencePo Working papers Main hal-03460143, HAL.
    67. Christopher J. Nekarda & Valerie A. Ramey, 2013. "The Cyclical Behavior of the Price-Cost Markup," NBER Working Papers 19099, National Bureau of Economic Research, Inc.
    68. Zhifeng Cai, 2020. "Secular Stagnation, Financial Frictions, and Land Prices," Departmental Working Papers 202001, Rutgers University, Department of Economics.
    69. Ferrara, Laurent & Metelli, Luca & Natoli, Filippo & Siena, Daniele, 2021. "Questioning the puzzle: Fiscal policy, real exchange rate and inflation," Journal of International Economics, Elsevier, vol. 133(C).
    70. Chen, Kaiji & Wemy, Edouard, 2015. "Investment-specific technological changes: The source of long-run TFP fluctuations," European Economic Review, Elsevier, vol. 80(C), pages 230-252.
    71. Bruns, Martin & Keweloh, Sascha A., 2024. "Testing for strong exogeneity in Proxy-VARs," Journal of Econometrics, Elsevier, vol. 245(1).
    72. Bandi, Federico M. & Bretscher, Lorenzo & Tamoni, Andrea, 2023. "Return predictability with endogenous growth," Journal of Financial Economics, Elsevier, vol. 150(3).
    73. Edoardo Palombo, 2020. "Uncertainty, Intangible Capital, and Productivity Dynamics," Working Papers 909, Queen Mary University of London, School of Economics and Finance.
    74. Herkenhoff, Kyle F. & Ohanian, Lee E. & Prescott, Edward C., 2018. "Tarnishing the golden and empire states: Land-use restrictions and the U.S. economic slowdown," Journal of Monetary Economics, Elsevier, vol. 93(C), pages 89-109.
    75. Sushant Acharya & Jess Benhabib & Zhen Huo, 2021. "The Anatomy of Sentiment-Driven Fluctuations," Staff Working Papers 21-33, Bank of Canada.
    76. Susanto Basu & John G. Fernald, 2009. "What do we know (and not know) about potential output?," Review, Federal Reserve Bank of St. Louis, vol. 91(Jul), pages 187-214.
    77. Moritz A. Roth, 2018. "International co-movements in recessions," Working Papers 1804, Banco de España.
    78. Balleer, Almut & van Rens, Thijs, 2009. "Cyclical Skill-Biased Technological Change," IZA Discussion Papers 4258, Institute of Labor Economics (IZA).
    79. Liu, Hening & Miao, Jianjun, 2015. "Growth uncertainty, generalized disappointment aversion and production-based asset pricing," Journal of Monetary Economics, Elsevier, vol. 69(C), pages 70-89.
    80. Paciello, Luigi, 2009. "Monetary Policy Activism and Price Responsiveness to Aggregate Shocks under Rational Inattention," MPRA Paper 16407, University Library of Munich, Germany.
    81. Renato Faccini & Leonardo Melosi, 2018. "The Role of News about TFP in U.S. Recessions and Booms," Working Paper Series WP-2018-6, Federal Reserve Bank of Chicago.
    82. John C. Williams, 2012. "The economy, fiscal policy, and monetary policy," Speech 111, Federal Reserve Bank of San Francisco.
    83. Cooper, Michael & Gulen, Huseyin & Ion, Mihai, 2024. "The use of asset growth in empirical asset pricing models," Journal of Financial Economics, Elsevier, vol. 151(C).
    84. Cun, Wukuang, 2022. "Endogenous lemons markets and information cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    85. McMahon, Michael & Malherbe, Frédéric, 2020. "Beyond Pangloss: Financial sector origins of inefficient economic booms," CEPR Discussion Papers 15180, C.E.P.R. Discussion Papers.
    86. Elisa Guglielminetti, 2016. "The labor market channel of macroeconomic uncertainty," Temi di discussione (Economic working papers) 1068, Bank of Italy, Economic Research and International Relations Area.
    87. Van Nieuwerburgh, Stijn & Elenev, Vadim & Landvoigt, Tim & Shultz, Patrick, 2021. "Can Monetary Policy Create Fiscal Capacity?," CEPR Discussion Papers 16414, C.E.P.R. Discussion Papers.
    88. Philipp an de Meulen & Torsten Schmidt, 2013. "Von der Euroeinführung zur Schuldenkrise: Ergebnisse einer Wachstumszerlegung für ausgewählte Länder des Euroraums," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 82(2), pages 77-96.
    89. Salas, Sergio, 2013. "Credit frictions and unexpected credit crunches," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 161-181.
    90. Cesa-Bianchi, Ambrogio & Fernandez-Corugedo, Emilio, 2014. "Uncertainty in a model with credit frictions," Bank of England working papers 496, Bank of England.

  24. Zheng Liu & John Fernald & Susanto Basu, 2012. "Technology Shocks in a Two-Sector DSGE Model," 2012 Meeting Papers 1017, Society for Economic Dynamics.

    Cited by:

    1. Cho, Daeha & Kim, Kwang Hwan, 2022. "Inefficient relative price fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 137(C).
    2. Jonas E. Arias & Juan F. Rubio-Ramirez & Daniel F. Waggoner, 2018. "Inference in Bayesian Proxy-SVARs," Working Papers 18-25/R, Federal Reserve Bank of Philadelphia.
    3. Alban Moura, 2018. "Investment Shocks, Sticky Prices, and the Endogenous Relative Price of Investment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 27, pages 48-63, January.
    4. Kurt Graden Lunsford, 2015. "Identifying Structural VARs with a Proxy Variable and a Test for a Weak Proxy," Working Papers (Old Series) 1528, Federal Reserve Bank of Cleveland.
    5. Drago, Bergholt & Furlanetto, Francesco & Faccioli, Nicolò Maffei, 2019. "The decline of the labor share: new empirical evidence," Working Paper 2019/18, Norges Bank.
    6. Aydan Dogan, 2017. "Investment Specific Technology Shocks and Emerging Market Business Cycle Dynamics," UB School of Economics Working Papers 2017/359, University of Barcelona School of Economics.
    7. Nadav Ben Zeev, 2019. "Is There A Single Shock That Drives The Majority Of Business Cycle Fluctuations?," Working Papers 1906, Ben-Gurion University of the Negev, Department of Economics.

  25. John G. Fernald & Brent Neiman, 2010. "Growth accounting with misallocation: Or, doing less with more in Singapore," Working Paper Series 2010-18, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Kalemli-Özcan, Sebnem & Karabarbounis, Loukas & Gopinath, Gita & Villegas-Sanchez, Carolina, 2015. "Capital Allocation and Productivity in South Europe," CEPR Discussion Papers 10826, C.E.P.R. Discussion Papers.
    2. Sophie Piton, 2018. "Do Unit Labor Costs Matter? A Decomposition Exercise on European Data," Working Papers halshs-01785345, HAL.
    3. Loukas Karabarbounis & Brent Neiman, 2013. "The Global Decline of the Labor Share," NBER Working Papers 19136, National Bureau of Economic Research, Inc.
    4. John Fernald, 2015. "Comment on "Trends and Cycles in China's Macroeconomy"," NBER Chapters, in: NBER Macroeconomics Annual 2015, Volume 30, pages 90-100, National Bureau of Economic Research, Inc.
    5. Rod Tyers & Feng Lu, 2009. "Competition Policy, Corporate Saving and China's Current Account Surplus," ANU Working Papers in Economics and Econometrics 2009-496, Australian National University, College of Business and Economics, School of Economics.
    6. Jesus Felipe & J. S. L. Mccombie, 2007. "On the Rental Price of Capital and the Profit Rate: The Perils and Pitfalls of Total Factor Productivity Growth," Review of Political Economy, Taylor & Francis Journals, vol. 19(3), pages 317-345.
    7. Brent Neiman & Gita Gopinath, 2011. "Trade Adjustment and Productivity in Large Crises," 2011 Meeting Papers 975, Society for Economic Dynamics.
    8. Hyeok Jeong & Robert Townsend, 2007. "Sources of TFP growth: occupational choice and financial deepening," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
    9. Gilbert Cette & John Fernald & Benoît Mojon, 2016. "The pre-Great Recession slowdown in productivity," Post-Print hal-01725475, HAL.
    10. Timo Boppart & Huiyu Li, 2021. "Productivity Slowdown: Reducing the Measure of Our Ignorance," Working Paper Series 2021-21, Federal Reserve Bank of San Francisco.
    11. Ayumu Ken Kikkawa & Glenn Magerman & Emmanuel Dhyne, 2019. "Imperfect competition in firm-to-firm trade," Working Paper Research 363, National Bank of Belgium.
    12. Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2015. "Trends and Cycles in China's Macroeconomy," NBER Working Papers 21244, National Bureau of Economic Research, Inc.
    13. Emmanuel Dhyne & Glenn Magerman & Ayumu Ken kikkawa, 2019. "Imperfect Competition in Firm-to-Firm Trade," Working Papers ECARES 2019-05, ULB -- Universite Libre de Bruxelles.
    14. Areendam Chanda & Bibhudutta Panda, 2016. "Productivity Growth In Goods And Services Across The Heterogeneous States Of America," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 1021-1045, April.
    15. Farhi, Emmanuel & Baqaee, David Rezza, 2017. "Productivity and Misallocation in General Equilibrium," CEPR Discussion Papers 12447, C.E.P.R. Discussion Papers.
    16. S. M. Thangavelu & Mun‐Heng Toh, 2005. "Bilateral ‘WTO‐Plus’ Free Trade Agreements: The WTO Trade Policy Review of Singapore 2004," The World Economy, Wiley Blackwell, vol. 28(9), pages 1211-1228, September.
    17. Paul E. Brockway & Matthew K. Heun & João Santos & John R. Barrett, 2017. "Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation," Energies, MDPI, vol. 10(2), pages 1-23, February.
    18. S.M. Thangavelu & Toh Mun Heng, 2005. "Bilateral “WTO-Plus†Free Trade Agreements : The WTO Trade Policy Review of Singapore 2004," Trade Working Papers 22590, East Asian Bureau of Economic Research.
    19. E. Grifell-Tatjé & C. A. K. Lovell, 2019. "Dual Productivity Analysis: A Konüs/Shephard Approach," CEPA Working Papers Series WP102019, School of Economics, University of Queensland, Australia.
    20. Nathan Lane, 2024. "Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea," CESifo Working Paper Series 11388, CESifo.
    21. Bibhudutta Panda, 2017. "Schooling and productivity growth: evidence from a dual growth accounting application to U.S. states," Journal of Productivity Analysis, Springer, vol. 48(2), pages 193-221, December.
    22. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2015. "The Economy of People’s Republic of China from 1953," NBER Working Papers 21397, National Bureau of Economic Research, Inc.
    23. Bigsten, Arne & Durevall, Dick, 2004. "Kenya’s Development Path and Factor Prices 1964-2000," Working Papers in Economics 142, University of Gothenburg, Department of Economics.
    24. Grifell-Tatjé, E. & Lovell, C.A.K., 2021. "Dual productivity analysis: A Konüs/Shephard approach," European Journal of Operational Research, Elsevier, vol. 289(1), pages 328-337.
    25. Guido Sandleris & Mark L.J. Wright, 2011. "The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis," NBER Working Papers 17552, National Bureau of Economic Research, Inc.
    26. Loukas Karabarbounis & Brent Neiman, 2019. "Accounting for Factorless Income," NBER Macroeconomics Annual, University of Chicago Press, vol. 33(1), pages 167-228.
    27. J. Wang & John Fernald, 2016. "Why Has the Cyclicality of Productivity Changed? What Does It Mean?," 2016 Meeting Papers 1220, Society for Economic Dynamics.
    28. Dai, Xiaoyong & Cheng, Liwei, 2016. "Market distortions and aggregate productivity: Evidence from Chinese energy enterprises," Energy Policy, Elsevier, vol. 95(C), pages 304-313.
    29. Sujana Kabiraj, 2020. "Analyzing the Sources of Misallocation in Indian Manufacturing: A Gross-Output Approach," Asian Development Review, MIT Press, vol. 37(2), pages 134-166, September.
    30. Jiří Mihola & Petr Wawrosz, 2014. "Alternativní metoda měření extenzivních a intenzivních faktorů změny HDP a její aplikace na vývoj HDP USA a Číny [An Alternative Method How to Measure Impact of the Intensive and Extensive Factors ," Politická ekonomie, Prague University of Economics and Business, vol. 2014(5), pages 583-604.
    31. C. A. K. Lovell, 2021. "The Pandemic, The Climate, and Productivity," CEPA Working Papers Series WP112021, School of Economics, University of Queensland, Australia.
    32. Álvaro Hernando Chaves Castro, 2017. "La productividad total de factores en el sector agropecuario en Colombia, 1961 - 2013," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 11(1), pages 89-126, June.
    33. Albert Bollard & Peter Klenow & Gunjan Sharma, 2012. "Online Appendix to "India's Mysterious Manufacturing Miracle"," Online Appendices 11-75, Review of Economic Dynamics.
    34. Akihiko Ikeda, 2020. "Learning-by-doing and business cycles in emerging economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(3), pages 611-631, August.
    35. Piton, Sophie, 2021. "Economic integration and unit labour costs," European Economic Review, Elsevier, vol. 136(C).
    36. Serena Fatica, 2017. "Measurement and Allocation of Capital Inputs With Taxes: A Sensitivity Analysis for OECD Countries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(1), pages 1-29, March.
    37. Sophie Piton, 2017. "Economic Integration and the Non-tradable Sector: The European Experience," 2017 Papers ppi361, Job Market Papers.
    38. C. A. K. Lovell, 2016. "Recent Developments in Productivity Analysis," Pacific Economic Review, Wiley Blackwell, vol. 21(4), pages 417-444, October.
    39. Gonzalez, Ignacio & Trivin, Pedro, 2019. "The Global Rise of Asset Prices and the Decline of the Labor Share," MPRA Paper 94587, University Library of Munich, Germany.
    40. Pete Klenow & Gunjan Sharma & Albert Bollard, 2011. "India's Mysterious Manufacturing Miracle," 2011 Meeting Papers 1176, Society for Economic Dynamics.
    41. Jesus Felipe & John S.L. McCombie, 2013. "The Aggregate Production Function and the Measurement of Technical Change," Books, Edward Elgar Publishing, number 1975, March.
    42. Guriev, Sergei & Cheremukhin, Anton & Golosov, Mikhail & Tsyvinski, Aleh, 2015. "The Economy of People’s Republic of China from 1953," CEPR Discussion Papers 10764, C.E.P.R. Discussion Papers.
    43. Jesus Felipe & John McCombie, 2012. "Aggregate Production Functions and the Accounting Identity Critique: Further Reflections on Temple's Criticisms and Misunderstandings," Economics Working Paper Archive wp_718, Levy Economics Institute.

  26. Susanto Basu & John G. Fernald, 2009. "What do we know and not know about potential output?," Working Paper Series 2009-05, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Mateusz Machaj, 2016. "Can the Taylor Rule be a Good Guidance for Policy? The Case of 2001-2008 Real Estate Bubble," Prague Economic Papers, Prague University of Economics and Business, vol. 2016(4), pages 381-395.
    2. Luca Sala & Ulf Soderstrom & Antonella Trigari, 2010. "The Output Gap, the Labor Wedge, and the Dynamic Behavior of Hours," Working Papers 365, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    3. Takuji Fueki & Ichiro Fukunaga & Hibiki Ichiue & Toyoichiro Shirota, 2010. "Measuring Potential Growth with an Estimated DSGE Model of Japan's Economy," Bank of Japan Working Paper Series 10-E-13, Bank of Japan.
    4. Álvarez, Luis J. & Gómez-Loscos, Ana, 2018. "A menu on output gap estimation methods," Journal of Policy Modeling, Elsevier, vol. 40(4), pages 827-850.
    5. Antonio Fatás & Sanjay R. Singh, 2022. "Supply or Demand? Policy Makers' Confusion in the Presence of Hysteresis," Working Papers 347, University of California, Davis, Department of Economics.
    6. Borio, Claudio, 2014. "The financial cycle and macroeconomics: What have we learnt?," Journal of Banking & Finance, Elsevier, vol. 45(C), pages 182-198.
    7. Daniel L. Thornton, 2012. "How did we get to inflation targeting and where do we need to go to now? a perspective from the U.S. experience," Review, Federal Reserve Bank of St. Louis, vol. 94(Jan), pages 65-81.
    8. Daniel L. Thornton, 2009. "How did we get to inflation targeting and where do we go now? a perspective from the U.S. experience," Working Papers 2009-038, Federal Reserve Bank of St. Louis.
    9. David Lancaster & Peter Tulip, 2015. "Okun's Law and Potential Output," RBA Research Discussion Papers rdp2015-14, Reserve Bank of Australia.
    10. Wieland, Volker & Taylor, John B., 2010. "Surprising comparative properties of monetary models: Results from a new model database," Working Paper Series 1261, European Central Bank.
    11. Teles, Vladimir K. & Costa Junior, Celso Jose & Rosa, Rafael Mouallem, 2015. "Investment-Specific Technological Change and the Brazilian Macroeconomy," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 35(2), March.
    12. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.
    13. Karan Singh, B & Kanakaraj, A & Sridevi, T.O, 2010. "Revisiting the empirical existence of the Phillips Curve for India," MPRA Paper 31793, University Library of Munich, Germany.
    14. Halmai, Péter, 2015. "Az európai növekedési potenciál eróziója és válsága [Erosion and crisis in European growth potential]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 379-414.
    15. William T. Gavin & Benjamin D. Keen & Alexander W. Richter & Nathaniel A. Throckmorton, 2013. "Global Dynamics at the Zero Lower Bound," Auburn Economics Working Paper Series auwp2013-17, Department of Economics, Auburn University.
    16. Patnaik, Ila & Pundit, Madhavi, 2016. "Where is India's Growth Headed?," Working Papers 16/159, National Institute of Public Finance and Policy.

  27. John G. Fernald & Brent Neiman, 2006. "Measuring the miracle: market imperfections and Asia's growth experience," Working Paper Series 2006-17, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Kalemli-Özcan, Sebnem & Karabarbounis, Loukas & Gopinath, Gita & Villegas-Sanchez, Carolina, 2015. "Capital Allocation and Productivity in South Europe," CEPR Discussion Papers 10826, C.E.P.R. Discussion Papers.
    2. Sophie Piton, 2018. "Do Unit Labor Costs Matter? A Decomposition Exercise on European Data," Working Papers halshs-01785345, HAL.
    3. Loukas Karabarbounis & Brent Neiman, 2013. "The Global Decline of the Labor Share," NBER Working Papers 19136, National Bureau of Economic Research, Inc.
    4. John Fernald, 2015. "Comment on "Trends and Cycles in China's Macroeconomy"," NBER Chapters, in: NBER Macroeconomics Annual 2015, Volume 30, pages 90-100, National Bureau of Economic Research, Inc.
    5. Rod Tyers & Feng Lu, 2009. "Competition Policy, Corporate Saving and China's Current Account Surplus," ANU Working Papers in Economics and Econometrics 2009-496, Australian National University, College of Business and Economics, School of Economics.
    6. Jesus Felipe & J. S. L. Mccombie, 2007. "On the Rental Price of Capital and the Profit Rate: The Perils and Pitfalls of Total Factor Productivity Growth," Review of Political Economy, Taylor & Francis Journals, vol. 19(3), pages 317-345.
    7. Brent Neiman & Gita Gopinath, 2011. "Trade Adjustment and Productivity in Large Crises," 2011 Meeting Papers 975, Society for Economic Dynamics.
    8. Hyeok Jeong & Robert Townsend, 2007. "Sources of TFP growth: occupational choice and financial deepening," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
    9. Gilbert Cette & John Fernald & Benoît Mojon, 2016. "The pre-Great Recession slowdown in productivity," Post-Print hal-01725475, HAL.
    10. Timo Boppart & Huiyu Li, 2021. "Productivity Slowdown: Reducing the Measure of Our Ignorance," Working Paper Series 2021-21, Federal Reserve Bank of San Francisco.
    11. Ayumu Ken Kikkawa & Glenn Magerman & Emmanuel Dhyne, 2019. "Imperfect competition in firm-to-firm trade," Working Paper Research 363, National Bank of Belgium.
    12. Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2015. "Trends and Cycles in China's Macroeconomy," NBER Working Papers 21244, National Bureau of Economic Research, Inc.
    13. Emmanuel Dhyne & Glenn Magerman & Ayumu Ken kikkawa, 2019. "Imperfect Competition in Firm-to-Firm Trade," Working Papers ECARES 2019-05, ULB -- Universite Libre de Bruxelles.
    14. Areendam Chanda & Bibhudutta Panda, 2016. "Productivity Growth In Goods And Services Across The Heterogeneous States Of America," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 1021-1045, April.
    15. Farhi, Emmanuel & Baqaee, David Rezza, 2017. "Productivity and Misallocation in General Equilibrium," CEPR Discussion Papers 12447, C.E.P.R. Discussion Papers.
    16. S. M. Thangavelu & Mun‐Heng Toh, 2005. "Bilateral ‘WTO‐Plus’ Free Trade Agreements: The WTO Trade Policy Review of Singapore 2004," The World Economy, Wiley Blackwell, vol. 28(9), pages 1211-1228, September.
    17. Paul E. Brockway & Matthew K. Heun & João Santos & John R. Barrett, 2017. "Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation," Energies, MDPI, vol. 10(2), pages 1-23, February.
    18. S.M. Thangavelu & Toh Mun Heng, 2005. "Bilateral “WTO-Plus†Free Trade Agreements : The WTO Trade Policy Review of Singapore 2004," Trade Working Papers 22590, East Asian Bureau of Economic Research.
    19. E. Grifell-Tatjé & C. A. K. Lovell, 2019. "Dual Productivity Analysis: A Konüs/Shephard Approach," CEPA Working Papers Series WP102019, School of Economics, University of Queensland, Australia.
    20. Nathan Lane, 2024. "Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea," CESifo Working Paper Series 11388, CESifo.
    21. Bibhudutta Panda, 2017. "Schooling and productivity growth: evidence from a dual growth accounting application to U.S. states," Journal of Productivity Analysis, Springer, vol. 48(2), pages 193-221, December.
    22. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2015. "The Economy of People’s Republic of China from 1953," NBER Working Papers 21397, National Bureau of Economic Research, Inc.
    23. Bigsten, Arne & Durevall, Dick, 2004. "Kenya’s Development Path and Factor Prices 1964-2000," Working Papers in Economics 142, University of Gothenburg, Department of Economics.
    24. Grifell-Tatjé, E. & Lovell, C.A.K., 2021. "Dual productivity analysis: A Konüs/Shephard approach," European Journal of Operational Research, Elsevier, vol. 289(1), pages 328-337.
    25. Guido Sandleris & Mark L.J. Wright, 2011. "The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis," NBER Working Papers 17552, National Bureau of Economic Research, Inc.
    26. Loukas Karabarbounis & Brent Neiman, 2019. "Accounting for Factorless Income," NBER Macroeconomics Annual, University of Chicago Press, vol. 33(1), pages 167-228.
    27. J. Wang & John Fernald, 2016. "Why Has the Cyclicality of Productivity Changed? What Does It Mean?," 2016 Meeting Papers 1220, Society for Economic Dynamics.
    28. Dai, Xiaoyong & Cheng, Liwei, 2016. "Market distortions and aggregate productivity: Evidence from Chinese energy enterprises," Energy Policy, Elsevier, vol. 95(C), pages 304-313.
    29. Sujana Kabiraj, 2020. "Analyzing the Sources of Misallocation in Indian Manufacturing: A Gross-Output Approach," Asian Development Review, MIT Press, vol. 37(2), pages 134-166, September.
    30. Jiří Mihola & Petr Wawrosz, 2014. "Alternativní metoda měření extenzivních a intenzivních faktorů změny HDP a její aplikace na vývoj HDP USA a Číny [An Alternative Method How to Measure Impact of the Intensive and Extensive Factors ," Politická ekonomie, Prague University of Economics and Business, vol. 2014(5), pages 583-604.
    31. C. A. K. Lovell, 2021. "The Pandemic, The Climate, and Productivity," CEPA Working Papers Series WP112021, School of Economics, University of Queensland, Australia.
    32. Álvaro Hernando Chaves Castro, 2017. "La productividad total de factores en el sector agropecuario en Colombia, 1961 - 2013," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 11(1), pages 89-126, June.
    33. Albert Bollard & Peter Klenow & Gunjan Sharma, 2012. "Online Appendix to "India's Mysterious Manufacturing Miracle"," Online Appendices 11-75, Review of Economic Dynamics.
    34. Akihiko Ikeda, 2020. "Learning-by-doing and business cycles in emerging economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(3), pages 611-631, August.
    35. Piton, Sophie, 2021. "Economic integration and unit labour costs," European Economic Review, Elsevier, vol. 136(C).
    36. Serena Fatica, 2017. "Measurement and Allocation of Capital Inputs With Taxes: A Sensitivity Analysis for OECD Countries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(1), pages 1-29, March.
    37. Sophie Piton, 2017. "Economic Integration and the Non-tradable Sector: The European Experience," 2017 Papers ppi361, Job Market Papers.
    38. C. A. K. Lovell, 2016. "Recent Developments in Productivity Analysis," Pacific Economic Review, Wiley Blackwell, vol. 21(4), pages 417-444, October.
    39. Gonzalez, Ignacio & Trivin, Pedro, 2019. "The Global Rise of Asset Prices and the Decline of the Labor Share," MPRA Paper 94587, University Library of Munich, Germany.
    40. Pete Klenow & Gunjan Sharma & Albert Bollard, 2011. "India's Mysterious Manufacturing Miracle," 2011 Meeting Papers 1176, Society for Economic Dynamics.
    41. Jesus Felipe & John S.L. McCombie, 2013. "The Aggregate Production Function and the Measurement of Technical Change," Books, Edward Elgar Publishing, number 1975, March.
    42. Guriev, Sergei & Cheremukhin, Anton & Golosov, Mikhail & Tsyvinski, Aleh, 2015. "The Economy of People’s Republic of China from 1953," CEPR Discussion Papers 10764, C.E.P.R. Discussion Papers.
    43. Jesus Felipe & John McCombie, 2012. "Aggregate Production Functions and the Accounting Identity Critique: Further Reflections on Temple's Criticisms and Misunderstandings," Economics Working Paper Archive wp_718, Levy Economics Institute.

  28. Fernald, John, 2006. "Trend Breaks, Long-Run Restrictions and the Contractionary Effects of Technology Improvements," CEPR Discussion Papers 5631, C.E.P.R. Discussion Papers.

    Cited by:

    1. Jordi Gali & Luca Gambetti, 2008. "On the Sources of the Great Moderation," NBER Working Papers 14171, National Bureau of Economic Research, Inc.
    2. Hashmat Khan & John Tsoukalas, 2005. "Technology Shocks and UK Business Cycles," Macroeconomics 0512006, University Library of Munich, Germany.
    3. Peter N. Ireland & Scott Schuh, 2006. "Productivity and U.S. macroeconomic performance: interpreting the past and predicting the future with a two-sector real business cycle model," Working Papers 06-10, Federal Reserve Bank of Boston.
    4. Peter N. Ireland, 2008. "On the Welfare Cost of Inflation and the Recent Behavior of Money Demand," NBER Working Papers 14098, National Bureau of Economic Research, Inc.
    5. Neville Francis & Valerie A. Ramey, 2009. "Measures of per Capita Hours and Their Implications for the Technology‐Hours Debate," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(6), pages 1071-1097, September.
    6. Patrick J. Kehoe, 2006. "How to Advance Theory with Structural VARs: Use the Sims-Cogley-Nason Approach," NBER Working Papers 12575, National Bureau of Economic Research, Inc.
    7. Mikael Carlsson & Jon Smedsaas, 2007. "Technology Shocks and the Labor-Input Response: Evidence from Firm-Level Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(6), pages 1509-1520, September.
    8. Louis Phaneuf & Nooman Rebei, 2007. "Technology Shocks and Business Cycles: The Role of Processing Stages and Nominal Rigidities," Staff Working Papers 07-7, Bank of Canada.
    9. Karel Mertens & Morten O. Ravn, 2010. "Technology-Hours Redux: Tax Changes and the Measurement of Technology Shocks," NBER Chapters, in: NBER International Seminar on Macroeconomics 2010, pages 41-76, National Bureau of Economic Research, Inc.
    10. Richard Dion & Robert Fay, 2008. "Understanding Productivity: A Review of Recent Technical Research," Discussion Papers 08-3, Bank of Canada.

  29. Susanto Basu & John G. Fernald, 2006. "Information and communications technology as a general-purpose technology: evidence from U.S industry data," Working Paper Series 2006-29, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Stephen D. Oliner & Daniel E. Sichel & Kevin J. Stiroh, 2007. "Explaining a Productive Decade," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 81-152.
    2. Schubert, Torben & Jäger, Angela & Türkeli, Serdar & Visentin, Fabiana, 2020. "Addressing the productivity paradox with big data: A literature review and adaptation of the CDM econometric model," MERIT Working Papers 2020-050, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. van de Gevel, A.J.W. & Noussair, C.N., 2012. "The Nexus between Artificial Intelligence and Economics," Discussion Paper 2012-087, Tilburg University, Center for Economic Research.
    4. Huwei Wen & Jinxia Zhan, 2023. "New-type infrastructure and total factor productivity: evidence from listed manufacturing firms in China," Economic Change and Restructuring, Springer, vol. 56(6), pages 4465-4489, December.
    5. Wei, Yueling & Zhang, Hongsheng & Zhao, Zihan, 2024. "Digitalization and pollution: Evidence from South Africa," China Economic Review, Elsevier, vol. 88(C).
    6. Ren, Siyu & Hao, Yu & Xu, Lu & Wu, Haitao & Ba, Ning, 2021. "Digitalization and energy: How does internet development affect China's energy consumption?," Energy Economics, Elsevier, vol. 98(C).
    7. Brianti, Marco & Gáti, Laura, 2023. "Information and communication technologies and medium-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 156(C).
    8. Fındık, Derya & Tansel, Aysit, 2013. "Intangible investment and technical efficiency: The case of software-intensive manufacturing firms in Turkey," MPRA Paper 65955, University Library of Munich, Germany, revised 05 Aug 2014.
    9. Kariem Soliman, 2021. "Are Industrial Robots a new GPT? A Panel Study of Nine European Countries with Capital and Quality-adjusted Industrial Robots as Drivers of Labour Productivity Growth," EIIW Discussion paper disbei307, Universitätsbibliothek Wuppertal, University Library.
    10. Crafts, Nicholas, 2010. "The Contribution of New Technology to Economic Growth: Lessons from Economic History," CAGE Online Working Paper Series 01, Competitive Advantage in the Global Economy (CAGE).
    11. Kushlin, Valery & Ustenko, Viktoriya, 2017. "Modern World Practice of State Support of Perspective Scientific and Innovative Programs: Evaluation of the Developed Mechanisms of State Management of Innovation Development in the Context of Time Ch," Working Papers 041718, Russian Presidential Academy of National Economy and Public Administration.
    12. Carolin Ioramashvili & Maryann Feldman & Frederick Guy & Simona Iammarino, 2024. "Gathering round Big Tech: How the market for acquisitions concentrates the digital sector," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 17(2), pages 293-306.
    13. John G. Fernald & David Thipphavong & Bharat Trehan, 2007. "Will fast productivity growth persist?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue apr6.
    14. Kuusi, Tero & Junnonen, Juha-Matti & Kulvik, Martti, 2020. "Construction Value Chains and Their Productivity Growth," ETLA Working Papers 79, The Research Institute of the Finnish Economy.
    15. Davide Consoli & Francesco Vona & Francesco Rentocchini, 2016. "That was then, this is now: skills and routinization in the 2000s," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 25(5), pages 847-866.
    16. Gruber, Harald, 2019. "Proposals for a digital industrial policy for Europe," Telecommunications Policy, Elsevier, vol. 43(2), pages 116-127.
    17. Haroon Ur Rashid Khan & Khalid Zaman & Anwar Khan & Talat Islam, 2017. "Quadrilateral Relationship Between Information and Communications Technology, Patent Applications, Research and Development Expenditures, and Growth Factors: Evidence from the Group of Seven (G-7) Cou," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(3), pages 1165-1191, September.
    18. Edquist, Harald & Henrekson, Magnus, 2015. "Swedish Lessons: How Important are ICT and R&D to Economic Growth?," Working Paper Series 1073, Research Institute of Industrial Economics, revised 27 Feb 2017.
    19. Gunn, Christopher M., 2015. "Animal spirits as an engine of boom-busts and throttle of productivity growth," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 24-53.
    20. Xiaohui Chen & Dou Yan & Wen Chen, 2022. "Can the digital economy promote FinTech development?," Growth and Change, Wiley Blackwell, vol. 53(1), pages 221-247, March.
    21. Yanwei Lyu & Yahui Ge & Jinning Zhang, 2023. "The impact of digital economy on capital misallocation: evidence from China," Economic Change and Restructuring, Springer, vol. 56(5), pages 3475-3499, October.
    22. M, Mirfan & Gani, H. Mursalim Umar & Serang, Serlin & Arifin, H. Zaenal & Jamali, Hisnol, 2018. "Relation of Lecturer’s Competency, Motivation and Utilization of Information and Communication Technologies to Job Satisfaction and Performance," OSF Preprints kcxf3, Center for Open Science.
    23. Jalava, Jukka & Pohjola, Matti, 2008. "The roles of electricity and ICT in economic growth: Case Finland," Explorations in Economic History, Elsevier, vol. 45(3), pages 270-287, July.
    24. Lüdering, Jochen, 2016. "Low Latency Internet and Economic Growth: A Simultaneous Approach," 27th European Regional ITS Conference, Cambridge (UK) 2016 148687, International Telecommunications Society (ITS).
    25. Li Liu & Tingting Gu & Hao Wang, 2022. "The Coupling Coordination between Digital Economy and Industrial Green High-Quality Development: Spatio-Temporal Characteristics, Differences and Convergence," Sustainability, MDPI, vol. 14(23), pages 1-14, December.
    26. Adelina Zeqiri & Mounir Dahmani & Adel Ben Youssef, 2020. "Digitalization of the tourism industry: What are the impacts of the new wave of technologies," Post-Print hal-03523747, HAL.
    27. Clarke, George R.G. & Qiang, Christine Zhenwei & Xu, Lixin Colin, 2015. "The Internet as a general-purpose technology: Firm-level evidence from around the world," Economics Letters, Elsevier, vol. 135(C), pages 24-27.
    28. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2008. "A Retrospective Look at the U.S. Productivity Growth Resurgence," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 3-24, Winter.
    29. Kim, Keungoui & Bounfour, Ahmed & Nonnis, Alberto & Özaygen, Altay, 2021. "Measuring ICT externalities and their contribution to productivity: A bilateral trade based approach," Telecommunications Policy, Elsevier, vol. 45(2).
    30. Falk, Martin & Hagsten, Eva, 2015. "E-commerce trends and impacts across Europe," International Journal of Production Economics, Elsevier, vol. 170(PA), pages 357-369.
    31. Desmet, Klaus & Henderson, J. Vernon, 2014. "The Geography of Development within Countries," CEPR Discussion Papers 10150, C.E.P.R. Discussion Papers.
    32. Caldarola, Bernardo. & Grazzi, Marco. & Occelli, Martina. & Sanfilippo, Marco., 2022. "Mobile internet, skills and structural transformation in Rwanda," ILO Working Papers 995179893502676, International Labour Organization.
    33. Ng Thanh Mai & Le Thanh Ha & Tr?n Thi Mai Hoa & Nguyen Thi Thanh Huyen, 2022. "Effects of Digitalization on Natural Resource Use in European Countries: Does Economic Complexity Matter?," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 77-92, May.
    34. Hiranya K. Nath & Lirong Liu, 2012. "Information and Communications Technology (ICT) and Trade in Emerging Market Economies," Working Papers 1205, Sam Houston State University, Department of Economics and International Business.
    35. Zhang, Yi & Wu, Mengjia & Miao, Wen & Huang, Lu & Lu, Jie, 2021. "Bi-layer network analytics: A methodology for characterizing emerging general-purpose technologies," Journal of Informetrics, Elsevier, vol. 15(4).
    36. Uwe Cantner & Simone Vannuccini, 2012. "A New View of General Purpose Technologies," Jena Economics Research Papers 2012-054, Friedrich-Schiller-University Jena.
    37. John C. Williams, 2012. "The economic outlook and monetary policy," Speech 100, Federal Reserve Bank of San Francisco.
    38. Molinari Benedetto & Rodríguez-López Jesús & Torres José L., 2013. "Information and communication technologies over the business cycle," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 933-963, July.
    39. Jamme, Hue-Tam & Connor, Dylan, 2022. "Small cities and smart retail," SocArXiv ca2f7, Center for Open Science.
    40. Adel Ben Youssef & Issam Mejri, 2023. "Linking Digital Technologies to Sustainability through Industry 5.0: A bibliometric Analysis," Sustainability, MDPI, vol. 15(9), pages 1-20, May.
    41. Nath, Hiranya K. & Liu, Lirong, 2017. "Information and communications technology (ICT) and services trade," Information Economics and Policy, Elsevier, vol. 41(C), pages 81-87.
    42. Stiroh Kevin & Botsch Matthew, 2007. "Information Technology and Productivity Growth in the 2000s," German Economic Review, De Gruyter, vol. 8(2), pages 255-280, May.
    43. Le Thanh Ha & Pham Thi Ngoc Hanh & Nguyen Thi Thu Hang & Hoang Dang Khanh & Le Lan Phuong & Hoang Hop, 2024. "Moderating Role of Knowledge-Sharing on the Nexus of Digital Business and Natural Resources," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 408-434, March.
    44. Heikkilä, Jussi & Rissanen, Julius & Ali-Vehmas, Timo, 2023. "Coopetition, standardization and general purpose technologies: A framework and an application," Telecommunications Policy, Elsevier, vol. 47(4).
    45. Meijers, Huub, 2007. "ICT Externalities: Evidence from cross country data," MERIT Working Papers 2007-021, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    46. Li, Xinpeng & Wang, Xiao & Xu, Weicheng, 2022. "The information technology revolution and structural labor change: Evidence from China," Economic Modelling, Elsevier, vol. 115(C).
    47. Edquist, Harald, 2021. "The Economic Impact of Mobile Broadband Speed," 23rd ITS Biennial Conference, Online Conference / Gothenburg 2021. Digital societies and industrial transformations: Policies, markets, and technologies in a post-Covid world 238018, International Telecommunications Society (ITS).
    48. Wu, Haitao & Wang, Bingjie & Lu, Mingyue & Irfan, Muhammad & Miao, Xin & Luo, Shiyue & Hao, Yu, 2023. "The strategy to achieve zero‑carbon in agricultural sector: Does digitalization matter under the background of COP26 targets?," Energy Economics, Elsevier, vol. 126(C).
    49. Strohmaier, R. & Rainer, A., 2016. "Studying general purpose technologies in a multi-sector framework: The case of ICT in Denmark," Structural Change and Economic Dynamics, Elsevier, vol. 36(C), pages 34-49.
    50. Guoge Yang & Feng Deng & Yifei Wang & Xianhong Xiang, 2022. "Digital Paradox: Platform Economy and High-Quality Economic Development—New Evidence from Provincial Panel Data in China," Sustainability, MDPI, vol. 14(4), pages 1-26, February.
    51. Danny Leung & Yi Zheng, 2012. "What affects MFP in the long-run? Evidence from Canadian industries," Applied Economics, Taylor & Francis Journals, vol. 44(6), pages 727-738, February.
    52. Díaz Rodríguez, Héctor Eduardo & Aroche Reyes, Fidel, 2020. "Determinants of labour productivity in Mexico: an approach from the endogenous growth theory using artificial neural networks," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    53. Liu Fengqin & Kumar Jai & Sun Huaping & Edziah Bless Kofi, 2025. "Harnessing the Digital Economy for Sustainable Energy Efficiency: An Empirical Analysis of China’s Yangtze River Delta," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 19(1), pages 1-15.
    54. Haghshenas, Mohammad & Kasimin, Hasmiah & Berma, Madeline, 2013. "Information and Communication Technology (ICT) and Economic Growth in Iran: Causality Analysis," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 47(2), pages 55-68.
    55. P. Guerrieri & M. Luciani & V. Meliciani, 2011. "The determinants of investment in information and communication technologies," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(4), pages 387-403.
    56. Antonin Bergeaud & Gilbert Cette & Rémy Lecat, 2018. "The role of production factor quality and technology diffusion in twentieth-century productivity growth," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 12(1), pages 61-97, January.
    57. Rahim Kallal, 2015. "Impact of ICT on the Productivity of Work Factor: Econometric Modeling and Analysis on Data Panel in MENA Countries," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 4(2), pages 93-102.
    58. M, Mirfan & Gani, H. Mursalim Umar & Serang, Serlin & Arifin, H. Zaenal & Jamali, Hisnol, 2018. "Relation of Lecturer’s Competency, Motivation and Utilization of Information and Communication Technologies to Job Satisfaction and Performance," OSF Preprints q7w5y, Center for Open Science.
    59. Franco Amatori & Matteo Bugamelli & Andrea Colli, 2011. "Italian Firms in History: Size, Technology and Entrepreneurship," Quaderni di storia economica (Economic History Working Papers) 13, Bank of Italy, Economic Research and International Relations Area.
    60. Zhang, Wei & Liu, Xuemeng & Wang, Die & Zhou, Jianping, 2022. "Digital economy and carbon emission performance: Evidence at China's city level," Energy Policy, Elsevier, vol. 165(C).
    61. Gnangnon, Sèna Kimm, 2024. "Trade Policy Space, Aid for Trade and, Intra-African and External African Manufactured Exports," International Economics, Elsevier, vol. 180(C).
    62. Jing Xiao & Ron Boschma, 2023. "The emergence of artificial intelligence in European regions: the role of a local ICT base," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(3), pages 747-773, December.
    63. Ekaterina Prytkova, 2021. "ICT's Wide Web: a System-Level Analysis of ICT's Industrial Diffusion with Algorithmic Links," Jena Economics Research Papers 2021-005, Friedrich-Schiller-University Jena.
    64. Bakry, Walid & Nghiem, Xuan-Hoa & Farouk, Sherine & Vo, Xuan Vinh, 2023. "Does it hurt or help? Revisiting the effects of ICT on economic growth and energy consumption: A nonlinear panel ARDL approach," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 597-617.
    65. To Trung Thanh & Le Thanh Ha & Hoang Phuong Dung & Tran Thi Lan Huong, 2023. "Impacts of digitalization on energy security: evidence from European countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(10), pages 11599-11644, October.
    66. Nadav Ben Zeev, 2019. "Is There A Single Shock That Drives The Majority Of Business Cycle Fluctuations?," Working Papers 1906, Ben-Gurion University of the Negev, Department of Economics.
    67. Hidemichi Fujii & Akihiko Shinozaki & Shigemi Kagawa & Shunsuke Managi, 2019. "How Does Information and Communication Technology Capital Affect Productivity in the Energy Sector? New Evidence from 14 Countries, Considering the Transition to Renewable Energy Systems," Energies, MDPI, vol. 12(9), pages 1-16, May.
    68. Li Liu & Tao Ding & Hao Wang, 2022. "Digital Economy, Technological Innovation and Green High-Quality Development of Industry: A Study Case of China," Sustainability, MDPI, vol. 14(17), pages 1-17, September.
    69. Charlie Wilson & Arnulf Grubler, 2011. "Lessons from the history of technological change for clean energy scenarios and policies," Natural Resources Forum, Blackwell Publishing, vol. 35(3), pages 165-184, August.
    70. Thor Berger & Carl Benedikt Frey, 2016. "Structural Transformation in the OECD: Digitalisation, Deindustrialisation and the Future of Work," OECD Social, Employment and Migration Working Papers 193, OECD Publishing.
    71. Richard Dion & Robert Fay, 2008. "Understanding Productivity: A Review of Recent Technical Research," Discussion Papers 08-3, Bank of Canada.
    72. Qing Li & Yanrui Wu, 2023. "ICT, technological diffusion and economic growth in Chinese cities," Empirical Economics, Springer, vol. 64(4), pages 1737-1768, April.
    73. Tero Kuusi & Martti Kulvik & Juha-Matti Junnonen, 2022. "Productivity Growth in Construction Value Chains," International Productivity Monitor, Centre for the Study of Living Standards, vol. 42, pages 3-32, Spring.
    74. Steffen Elstner & Christian Grimme & Valentin Kecht & Robert Lehmann, 2020. "The Diffusion of Technological Progress in ICT," CESifo Working Paper Series 8790, CESifo.
    75. Guohua Zeng & Peiying Wu & Xinxin Yuan, 2023. "Has the Development of the Digital Economy Reduced the Regional Energy Intensity—From the Perspective of Factor Market Distortion, Industrial Structure Upgrading and Technological Progress?," Sustainability, MDPI, vol. 15(7), pages 1-19, March.
    76. Strohmaier, Rita & Rainer, Andreas, 2013. "On the Eonomic Purpose of General Purpose Technologies: A Combined Classical and Evolutionary Framework," MPRA Paper 45964, University Library of Munich, Germany.
    77. Liao, Hailin & Wang, Bin & Li, Baibing & Weyman-Jones, Tom, 2016. "ICT as a general-purpose technology: The productivity of ICT in the United States revisited," Information Economics and Policy, Elsevier, vol. 36(C), pages 10-25.
    78. Mr. Alessandro Rebucci & Nicoletta Batini & Pietro Cova & Massimiliano Pisani, 2009. "Global Imbalances: The Role of Non-Tradabletotal Factor Productivity in Advanced Economies," IMF Working Papers 2009/063, International Monetary Fund.
    79. Hyunbae Chun & Jung-Wook Kim & Randall Morck, 2011. "Varying Heterogeneity among U.S. Firms: Facts and Implications," The Review of Economics and Statistics, MIT Press, vol. 93(3), pages 1034-1052, August.
    80. Li, Shuangyan & Chang, Ge & Zunong, Reyihanguli, 2023. "Does regional digital economy development influence green investment?," Innovation and Green Development, Elsevier, vol. 2(3).
    81. Wang, Di & Shao, Xuefeng, 2024. "Research on the impact of digital transformation on the production efficiency of manufacturing enterprises: Institution-based analysis of the threshold effect," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 883-897.
    82. Le Thanh Ha & Pham Thi Ngoc Hanh & Nguyen Thi Thu Hang & Hoang Dang Khanh & Le Lan Phuong & Hoang Hop, 2024. "Is digital business an enabler of enhanced entrepreneurship? An empirical investigation of European countries," Journal of International Entrepreneurship, Springer, vol. 22(2), pages 164-186, June.
    83. Aparna Gosavi, 2017. "Use of the Internet and its Impact on Productivity and Sales Growth in Female-Owned Firms: Evidence from India," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 13(2), pages 155-178.
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    89. Jalava, Jukka & Kavonius, Ilja Kristian, 2008. "The effect of durable goods and ICT on euro area productivity growth?," Working Paper Series 940, European Central Bank.
    90. Izabela Mlynarzewska-Borowiec, 2024. "The Importance of ICT Investment in EU Total Factor Productivity Growth: Industry Analysis for 2000-2020," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 312-324.
    91. Guangqin Li & Wenqi Niu, 2025. "How does fintech promote urban innovation? empirical evidence from China," Economic Change and Restructuring, Springer, vol. 58(1), pages 1-26, February.
    92. Antonin Bergeaud & Gilbert Cette & Rémy Lecat, 2016. "The role of production factor quality and technology diffusion in 20th century productivity growth," Working papers 588, Banque de France.
    93. Radoslaw Macik & Dorota Macik & Monika Nalewajek, 2013. "Consumer’s Perception of Retail Formats: Case of Poland," Diversity, Technology, and Innovation for Operational Competitiveness: Proceedings of the 2013 International Conference on Technology Innovation and Industrial Management,, ToKnowPress.
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    95. Alexander V. Giczy & Nicholas A. Pairolero & Andrew A. Toole, 2022. "Identifying artificial intelligence (AI) invention: a novel AI patent dataset," The Journal of Technology Transfer, Springer, vol. 47(2), pages 476-505, April.
    96. Diana Mihaela Apostol & Cristina Balaceanu, 2011. "Growth and Technology: The New Economy in the 2000's CEE Countries and Romania," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 1(2), pages 46-55, December.

  30. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2006. "Flying geese or sitting ducks: China’s impact on the trading fortunes of other Asian economies," International Finance Discussion Papers 887, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Shanping Yang & Inmaculada Martínez-Zarzoso, 2013. "A Panel Data Analysis of Trade Creation and Trade Diversion Effects: The case of ASEAN-China Free Trade Area (ACFTA)," Ibero America Institute for Econ. Research (IAI) Discussion Papers 224, Ibero-America Institute for Economic Research.
    2. Huanguang Qiu & Jun Yang & Jikun Huang & Ruijian Chen, 2007. "Impact of China‐ASEAN Free Trade Area on China's International Agricultural Trade and Its Regional Development," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(5), pages 77-90, September.
    3. Shin-ichi Fukuda, 2008. "The Rise of China and Sustained Recovery of Japan," CIRJE F-Series CIRJE-F-589, CIRJE, Faculty of Economics, University of Tokyo.
    4. Schaak, Henning, 2015. "The Impact of Free Trade Agreements on International Agricultural Trade: A Gravity Application on the Dairy Product Trade and the ASEAN-China-FTA," 55th Annual Conference, Giessen, Germany, September 23-25, 2015 211619, German Association of Agricultural Economists (GEWISOLA).
    5. Alicia García-Herrero & Tuuli Koivu, 2009. "China: Exchange Rate Policy and Asian Trade," Working Papers 0916, BBVA Bank, Economic Research Department.
    6. Yang, Shanping & Martinez-Zarzoso, Inmaculada, 2014. "A panel data analysis of trade creation and trade diversion effects: The case of ASEAN–China Free Trade Area," China Economic Review, Elsevier, vol. 29(C), pages 138-151.
    7. Hongbing Li & Hongbo Cai & Suparna Chakraborty, 2019. "Market Access, Labor Mobility, and the Wage Skill Premium: New Evidence from Chinese Cities," Open Economies Review, Springer, vol. 30(5), pages 947-973, November.
    8. Singh, Nirvikar & Mora, Jesse & Carolan, Terrie, 2012. "Trade Dynamics in the East Asian Miracle: A Time Series Analysis of U.S.-East Asia Commodity Trade, 1962-1992," Santa Cruz Department of Economics, Working Paper Series qt0fm1r83r, Department of Economics, UC Santa Cruz.
    9. Baiardi, Donatella & Bianchi, Carluccio, 2019. "At the roots of China's striking performance in textile exports: A comparison with its main Asian competitors," China Economic Review, Elsevier, vol. 54(C), pages 367-389.
    10. Kumakura, Masanaga & Kuroko, Masato, 2007. "China's Impact on the Exports of Other Asian Countries: A Note," IDE Discussion Papers 131, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    11. Freund, Caroline & Pierola, Martha Denisse, 2008. "Export surges : the oower of a competitive currency," Policy Research Working Paper Series 4750, The World Bank.
    12. D. Baiardi & C. Bianchi, 2018. "At the roots of China's striking performance in textile exports: a comparison with its main Asian competitors," Economics Department Working Papers 2018-EP03, Department of Economics, Parma University (Italy).
    13. Jean-Raphael Chaponnière & Jean-Pierre Cling & Bin Zhou, 2008. "Vietnam Following in China's Footsteps: The Third Wave of Emerging Asian Economies," WIDER Working Paper Series RP2008-84, World Institute for Development Economic Research (UNU-WIDER).
    14. Yiping Huang & Bijun Wang, 2011. "From the Asian Miracle to an Asian Century? Economic Transformation in the 2000s and Prospects for the 2010s," RBA Annual Conference Volume (Discontinued), in: Hugo Gerard & Jonathan Kearns (ed.),The Australian Economy in the 2000s, Reserve Bank of Australia.

  31. John Fernald, 2004. "Trend Breaks, Long Run Restrictions, and the Contractionary Effects of Technology Shocks," 2004 Meeting Papers 477, Society for Economic Dynamics.

    Cited by:

    1. Jordi Galí & Pau Rabanal, 2005. "Technology Shocks and Aggregate Fluctuations: How Well Does the Real Business Cycle Model Fit Postwar US Data?," NBER Chapters, in: NBER Macroeconomics Annual 2004, Volume 19, pages 225-318, National Bureau of Economic Research, Inc.
    2. Fabio Canova & David Lopez-Salido & Claudio Michelacci, 2006. "Schumpeterian technology shocks," Economics Working Papers 1012, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2007.
    3. Patrick Fève & Alain Guay, 2010. "Identification of Technology Shocks in Structural Vars," Economic Journal, Royal Economic Society, vol. 120(549), pages 1284-1318, December.
    4. Domenico J. Marchetti & Francesco Nucci, 2007. "Pricing Behavior and the Response of Hours to Productivity Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1587-1611, October.
    5. Luis Alberiko Gil-Alana & Antonio Moreno, 2006. "Technology Shocks and Hours Worked: A Fractional Integration Perspective," Faculty Working Papers 03/06, School of Economics and Business Administration, University of Navarra.
    6. Mr. Jordi Gali Garreta & Mr. Pau Rabanal, 2004. "Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?," IMF Working Papers 2004/234, International Monetary Fund.
    7. Fabio Canova & David López-Salido & Claudio Michelacci, 2007. "The labor market effects of technology shocks," Working Papers 0719, Banco de España.
    8. Neville Francis & Valerie A. Ramey, 2009. "Measures of per Capita Hours and Their Implications for the Technology‐Hours Debate," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(6), pages 1071-1097, September.
    9. Zheng Liu & Louis Phaneuf, 2008. "Do Nominal Rigidities Matter for the Transmission of Technology Shocks?," Cahiers de recherche 0837, CIRPEE.
    10. Rodolfo Mendez-Marcano, 2014. "Technology, Employment, and the Oil-Countries Business Cycle," Working Papers 1405, BBVA Bank, Economic Research Department.
    11. Jürgen Janger & Werner Hölzl & Serguei Kaniovski & Johannes Kutsam & Michael Peneder & Andreas Reinstaller & Susanne Bärenthaler-Sieber & Isabel Stadler & Fabian Unterlass, 2011. "Structural Change and the Competitiveness of EU Member States," WIFO Studies, WIFO, number 42956, March.
    12. Fernandez-Corugedo Emilio, 2007. "Employment, Hours per Worker and the Business Cycle," Working Papers 2007-02, Banco de México.
    13. Neville Francis & Valerie A. Ramey, 2006. "The Source of Historical Economic Fluctuations: An Analysis Using Long-Run Restrictions," NBER Chapters, in: NBER International Seminar on Macroeconomics 2004, pages 17-73, National Bureau of Economic Research, Inc.
    14. Ms. Silvia Sgherri, 2005. "Long-Run Productivity Shifts and Cyclical Fluctuations: Evidence for Italy," IMF Working Papers 2005/228, International Monetary Fund.
    15. Holly, S. & Petrella, I., 2008. "Factor demand linkages and the business cycle: Interpreting aggregate fluctuations as sectoral fluctuations," Cambridge Working Papers in Economics 0827, Faculty of Economics, University of Cambridge.
    16. Ghent, Andra, 2006. "Comparing Models of Macroeconomic Fluctuations: How Big Are the Differences?," MPRA Paper 180, University Library of Munich, Germany.
    17. Régis Barnichon, 2007. "Productivity, Aggregate Demand and Unemployment Fluctuations," CEP Discussion Papers dp0819, Centre for Economic Performance, LSE.
    18. Jordi Galí, 2015. "Trends in Hours, Balanced Growth, and the Role of Technology in the Business Cycle," Working Papers 187, Barcelona School of Economics.
    19. Susanto Basu & John Fernald & Miles Kimball, 2004. "Are Technology Improvements Contractionary?," NBER Working Papers 10592, National Bureau of Economic Research, Inc.
    20. Fabio Canova & David Lopez-Salido & Claudio Michelacci, 2010. "The effects of technology shocks on hours and output: a robustness analysis," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(5), pages 755-773.
    21. Neville Francis & Michael T. Owyang & Jennifer E. Roush & Riccardo DiCecio, 2014. "A Flexible Finite-Horizon Alternative to Long-Run Restrictions with an Application to Technology Shocks," The Review of Economics and Statistics, MIT Press, vol. 96(4), pages 638-647, October.
    22. Régis Barnichon, 2009. "Demand-driven job separation: reconciling search models with the ins and outs of unemployment," Finance and Economics Discussion Series 2009-24, Board of Governors of the Federal Reserve System (U.S.).

  32. Susanto Basu & John G. Fernald & J. Christina Wang, 2004. "A general-equilibrium asset-pricing approach to the measurement of nominal and real bank output," Working Papers 04-7, Federal Reserve Bank of Boston.

    Cited by:

    1. Fixler, Dennis & Zieschang, Kim, 2019. "Producing liquidity," Journal of Financial Stability, Elsevier, vol. 42(C), pages 115-135.
    2. Philippon, Thomas, 2014. "Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation," CEPR Discussion Papers 9792, C.E.P.R. Discussion Papers.
    3. Buch, Claudia M. & Koch, Cathérine T. & Koetter, Michael, 2011. "Size, productivity, and international banking," Journal of International Economics, Elsevier, vol. 85(2), pages 329-334.
    4. Titan Alon & John G. Fernald & Robert Inklaar & J. Christina Wang, 2011. "What is the value of bank output?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue may16.
    5. Andrew Atkeson & Adrien D'Avernas & Andrea L. Eisfeldt & Pierre-Olivier Weill, 2018. "Government Guarantees and the Valuation of American Banks," Staff Report 567, Federal Reserve Bank of Minneapolis.
    6. Basu Susanto & Fernald John, 2007. "Information and Communications Technology as a General-Purpose Technology: Evidence from US Industry Data," German Economic Review, De Gruyter, vol. 8(2), pages 146-173, May.
    7. Charles Steindel, 2009. "Implications of the financial crisis for potential growth: past, present, and future," Staff Reports 408, Federal Reserve Bank of New York.
    8. Susanto Basu & J. Christina Wang, 2013. "Technological progress, the \"user cost of money,\" and the real output of banks," Working Papers 13-21, Federal Reserve Bank of Boston.
    9. Aoki, Shuhei, 2008. "A Simple Accounting Framework for the Effect of Resource Misallocation on Aggregate Productivity," MPRA Paper 11511, University Library of Munich, Germany.
    10. Max Gillman & Mark N Harris & Michal Kejak, 2007. "The Interaction of Inflation and Financial Development with Endogenous Growth," Money Macro and Finance (MMF) Research Group Conference 2006 29, Money Macro and Finance Research Group.
    11. Charles, Steindel, 2010. "The Financial Crisis and the Measurement of Financial Sector Activity," MPRA Paper 27240, University Library of Munich, Germany.
    12. Bertrand Groslambert & Raphaël Chiappini & Olivier Bruno, 2015. "Bank Output Calculation in the Case of France: What Do New Methods Tell About the Financial Intermediation Services in the Aftermath of the Crisis?," GREDEG Working Papers 2015-32, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    13. Aled ab Iorwerth, 2012. "To Capture Production or Wellbeing? A Review Article on Towards Measuring the Volume Output of Education and Health Services: A Handbook," International Productivity Monitor, Centre for the Study of Living Standards, vol. 23, pages 55-70, Spring.
    14. Max Gillman & Michal Kejak, 2007. "Inflation, Financial Development and Human Capital-Based Endogenous Growth: an Explanation of Ten Empirical Findings," CDMA Conference Paper Series 0703, Centre for Dynamic Macroeconomic Analysis.
    15. M. Chaffai & M. Dietsch, 2014. "Modelling and measuring business risk and the resiliency of retail banks," Débats Economiques et financiers 14, Banque de France.
    16. Burgess, Stephen, 2011. "Measuring financial sector output and its contribution to UK GDP," Bank of England Quarterly Bulletin, Bank of England, vol. 51(3), pages 234-246.
    17. Susanto Basu & Robert Inklaar & J. Christina Wang, 2008. "The value of risk: measuring the service output of U. S. commercial banks," Working Papers 08-4, Federal Reserve Bank of Boston.
    18. Groslambert Bertrand & Raphaël Chiappini & Olivier Bruno, 2016. "Desperately seeking cash: Evidence from bank output measurement," Post-Print hal-01358830, HAL.
    19. Diewert, Erwin, 2007. "Measuring Productivity in the System of National Accounts," Economics working papers diewert-07-11-16-12-39-23, Vancouver School of Economics, revised 16 Nov 2007.
    20. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.
    21. Andrés Maroto-Sánchez, 2010. "Productivity in the services sector: conventional and current explanations," The Service Industries Journal, Taylor & Francis Journals, vol. 32(5), pages 719-746, October.
    22. Kimberly D. Zieschang, 2016. "FISIM Accounting," CEPA Working Papers Series WP012016, School of Economics, University of Queensland, Australia.
    23. Max Gillman & Michal Kejak, 2011. "Inflation, Investment and Growth: a Money and Banking Approach," Economica, London School of Economics and Political Science, vol. 78(310), pages 260-282, April.
    24. Aled ab Iorwerth, 2006. "How to Measure Government Productivity: A Review Article on 'Measurement of Government Output and Productivity for the National Accounts' (The Atkinson Report)," International Productivity Monitor, Centre for the Study of Living Standards, vol. 13, pages 57-74, Fall.
    25. Robert Inklaar & Marcel P. Timmer & Bart van Ark, 2008. "Data for Productivity Measurement in Market Services: An International Comparison," International Productivity Monitor, Centre for the Study of Living Standards, vol. 16, pages 72-81, Spring.
    26. Erwin Diewert, 2010. "Understanding PPPs and PPP-Based National Accounts: Comment," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 36-45, October.

  33. Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003. "The case of the missing productivity growth: or, does information technology explain why productivity accelerated in the United States but not the United Kingdom?," Working Paper Series WP-03-08, Federal Reserve Bank of Chicago.

    Cited by:

    1. Martin Berka & Michael B. Devereux & Charles Engel, 2014. "Real Exchange Rates and Sectoral Productivity in the Eurozone," NBER Working Papers 20510, National Bureau of Economic Research, Inc.
    2. Francesco Venturini, 2009. "The long-run impact of ICT," Empirical Economics, Springer, vol. 37(3), pages 497-515, December.
    3. Mariela Dal Borgo & Peter Goodridge & Jonathan Haskel & Annarosa Pesole, 2013. "Productivity and Growth in UK Industries: An Intangible Investment Approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(6), pages 806-834, December.
    4. Stephen D. Oliner & Daniel E. Sichel & Kevin J. Stiroh, 2007. "Explaining a Productive Decade," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 81-152.
    5. Kul Luintel & Mosahid Khan & Konstantinos Theodoridis, 2014. "On the robustness of R&D," Journal of Productivity Analysis, Springer, vol. 42(2), pages 137-155, October.
    6. Elena Ketteni & Constantina Kottaridi & Theofanis Mamuneas, 2015. "Information and communication technology and foreign direct investment: interactions and contributions to economic growth," Empirical Economics, Springer, vol. 48(4), pages 1525-1539, June.
    7. Xu Yi & Nezih Guner & Gustavo Ventura, 2005. "Macroeconomic Implications of Size Dependent Policies," 2005 Meeting Papers 530, Society for Economic Dynamics.
    8. Carol Corrado & Charles R. Hulten, 2012. "Innovation Accounting," Economics Program Working Papers 12-04, The Conference Board, Economics Program.
    9. Draca, Mirko & Sadun, Raffaella & Van Reenen, John, 2006. "Productivity and ICT: A Review of the Evidence," LSE Research Online Documents on Economics 4561, London School of Economics and Political Science, LSE Library.
    10. John G. Fernald, 2017. "Paradox resolved? A review of the Rise and Fall of American Growth, by Robert J. Gordon," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 52(4), pages 265-267, October.
    11. Christoph Gortz & John D. Tsoukalas & Francesco Zanetti, 2020. "News Shocks Under Financial Frictions," CAMA Working Papers 2020-94, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    12. John G. Fernald & Eugenio Piga, 2023. "Comment on "Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown"," NBER Chapters, in: NBER Macroeconomics Annual 2023, volume 38, pages 208-221, National Bureau of Economic Research, Inc.
    13. Ronia Hawash & Guenter Lang, 2010. "The Impact of Information Technology on Productivity in Developing Countries," Working Papers 19, The German University in Cairo, Faculty of Management Technology.
    14. David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States Have a Productivity Slowdown or a Measurement Problem?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 109-182.
    15. Engelbrecht, Hans-Jurgen & Xayavong, Vilaphonh, 2006. "ICT intensity and New Zealand's productivity malaise: Is the glass half empty or half full?," Information Economics and Policy, Elsevier, vol. 18(1), pages 24-42, March.
    16. John G. Fernald & Robert Inklaar & Dimitrije Ruzic, 2023. "The Productivity Slowdown in Advanced Economies: Common Shocks or Common Trends?," Working Paper Series 2023-07, Federal Reserve Bank of San Francisco.
    17. Ceccobelli, M. & Gitto, S. & Mancuso, P., 2012. "ICT capital and labour productivity growth: A non-parametric analysis of 14 OECD countries," Telecommunications Policy, Elsevier, vol. 36(4), pages 282-292.
    18. Oulton, Nicholas, 2004. "A statistical framework for the analysis of productivity and sustainable development," LSE Research Online Documents on Economics 19963, London School of Economics and Political Science, LSE Library.
    19. Evangelia Vourvachaki, 2006. "Information and Communication Technologies in a Multi-Sector Endogenous Growth Model," CEP Discussion Papers dp0750, Centre for Economic Performance, LSE.
    20. Jordan Rappaport, 2004. "A simple model of city crowdedness," Research Working Paper RWP 04-12, Federal Reserve Bank of Kansas City.
    21. Giovanni Notaro, 2004. "ICT, Output and Productivity Growth in the United Kingdom: A Sectoral Analysis," International Productivity Monitor, Centre for the Study of Living Standards, vol. 8, pages 37-46, Spring.
    22. Brianti, Marco & Gáti, Laura, 2023. "Information and communication technologies and medium-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 156(C).
    23. Peng, Fei & Anwar, Sajid & Kang, Lili, 2015. "New technology and old institutions: An empirical analysis of the skill-biased demand for older workers in Europe," MPRA Paper 78317, University Library of Munich, Germany.
    24. Felicitas Nowak-Lehmann D. & Elena Gross, 2015. "What effect does development aid have on productivity in recipient countries? An analysis using quantiles and thresholds," Ibero America Institute for Econ. Research (IAI) Discussion Papers 232, Ibero-America Institute for Economic Research.
    25. Alison Pearson & J. Christina Wang, 2014. "Productivity in the slow lane?: the role of information and communications technology," Current Policy Perspectives 14-10, Federal Reserve Bank of Boston.
    26. Muhammad Shahbaz & Ijaz Ur Rehman & Rashid Sbia & Helmi Hamdi, 2016. "The Role of Information Communication Technology and Economic Growth in Recent Electricity Demand: Fresh Evidence from Combine Cointegration Approach in UAE," Post-Print halshs-01902760, HAL.
    27. Molinari, Benedetto & Rodríguez, Jesús & Torres, José L., 2013. "Growth and technological progress in selected Pacific countries," Japan and the World Economy, Elsevier, vol. 28(C), pages 60-71.
    28. Benati, Luca, 2006. "Drift and Breaks in Labour Productivity," CEPR Discussion Papers 5801, C.E.P.R. Discussion Papers.
    29. Andrew Sharpe & Ricardo de Avillez, 2012. "A Detailed Analysis of Nova Soctia;s Productivty Performance, 1997-2010," CSLS Research Reports 2012-05, Centre for the Study of Living Standards.
    30. Gilbert Cette & John Fernald & Benoît Mojon, 2016. "The pre-Great Recession slowdown in productivity," Post-Print hal-01725475, HAL.
    31. Nicholas Bloom & Raffaella Sadun & John Van Reenen, 2012. "Americans Do IT Better: US Multinationals and the Productivity Miracle," American Economic Review, American Economic Association, vol. 102(1), pages 167-201, February.
    32. Oulton, Nicholas, 2012. "Long term implications of the ICT revolution: Applying the lessons of growth theory and growth accounting," Economic Modelling, Elsevier, vol. 29(5), pages 1722-1736.
    33. Riccardo Leoni, 2013. "Organization of work practices and productivity: an assessment of research on world- class manufacturing," Chapters, in: Anna Grandori (ed.), Handbook of Economic Organization, chapter 17, Edward Elgar Publishing.
    34. Laura Abramovsky & Rachel Griffith, 2006. "Outsourcing and Offshoring of Business Services: How Important is ICT?," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 594-601, 04-05.
    35. John G. Fernald & Shanthi Ramnath, 2004. "The acceleration in U.S. total productivity after 1995: the role of information technology," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 28(Q I), pages 52-67.
    36. Benoit Robidoux, 2003. "Future Productivity Growth in Canada: The Role of the Service Sector," International Productivity Monitor, Centre for the Study of Living Standards, vol. 7, pages 58-65, Fall.
    37. Mary O'Mahony & Michela Vecchi, 2005. "Quantifying the Impact of ICT Capital on Output Growth: A Heterogeneous Dynamic Panel Approach," Economica, London School of Economics and Political Science, vol. 72(288), pages 615-633, November.
    38. Mary O'Mahony & Marcel P. Timmer, 2009. "Output, Input and Productivity Measures at the Industry Level: The EU KLEMS Database," Economic Journal, Royal Economic Society, vol. 119(538), pages 374-403, June.
    39. John G. Fernald & Huiyu Li, 2022. "The Impact of COVID on Productivity and Potential Output," Working Paper Series 2022-19, Federal Reserve Bank of San Francisco.
    40. Agnieszka Gehringer & Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann Danzinger, 2016. "What are the drivers of total factor productivity in the European Union?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 25(4), pages 406-434, June.
    41. Michelle Alexopoulos & Jon Cohen, 2011. "Volumes of evidence: examining technical change in the last century through a new lens," Canadian Journal of Economics, Canadian Economics Association, vol. 44(2), pages 413-450, May.
    42. Engelbrecht, Hans-Jurgen & Xayavong, Vilaphonh, 2004. "Information And Communication Technology And New Zealand'S Productivity Malaise: An Industry-Level Study," Discussion Papers 23698, Massey University, Department of Applied and International Economics.
    43. Perez-Laborda, Alejandro & Perez-Sebastian, Fidel, 2020. "Capital-skill complementarity and biased technical change across US sectors," Journal of Macroeconomics, Elsevier, vol. 66(C).
    44. Bertani, Filippo & Raberto, Marco & Teglio, Andrea, 2020. "The Productivity and Unemployment Effects of the Digital Transformation: an Empirical and Modelling Assessment," MPRA Paper 98233, University Library of Munich, Germany.
    45. Bruno Tissot & Les Skoczylas, 2005. "Revisiting recent productivity developments across OECD countries," BIS Working Papers 182, Bank for International Settlements.
    46. Barry P. Bosworth & Jack E. Triplett, 2007. "The Early 21st Century U.S. Productivity Expansion is Still in Services," International Productivity Monitor, Centre for the Study of Living Standards, vol. 14, pages 3-19, Spring.
    47. Iacovone, Leonardo & Pereira-López, Mariana & Schiffbauer, Marc, 2023. "Competition makes IT better: Evidence on when firms use IT more effectively," Research Policy, Elsevier, vol. 52(8).
    48. Crespi, Gustavo & Criscuolo, Chiara & Haskel, Jonathan, 2007. "Information technology, organisational change and productivity growth: evidence from UK firms," LSE Research Online Documents on Economics 19748, London School of Economics and Political Science, LSE Library.
    49. Lee, Jong-Wha & Song, Eunbi & Kwak, Do Won, 2020. "Aging labor, ICT capital, and productivity in Japan and Korea," Journal of the Japanese and International Economies, Elsevier, vol. 58(C).
    50. Robert J. Gordon, 2005. "The 1920s and the 1990s in Mutual Reflection," NBER Working Papers 11778, National Bureau of Economic Research, Inc.
    51. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2008. "A Retrospective Look at the U.S. Productivity Growth Resurgence," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 3-24, Winter.
    52. Kim, Keungoui & Bounfour, Ahmed & Nonnis, Alberto & Özaygen, Altay, 2021. "Measuring ICT externalities and their contribution to productivity: A bilateral trade based approach," Telecommunications Policy, Elsevier, vol. 45(2).
    53. Seema Sangita, 2021. "Higher Education, Vocational Training and Performance of Firms," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 15(1), pages 122-148, February.
    54. Criscuolo, Chiara & Haskel, Jonathan E. & Slaughter, Matthew J., 2010. "Global engagement and the innovation activities of firms," International Journal of Industrial Organization, Elsevier, vol. 28(2), pages 191-202, March.
    55. Georg H. Strasser, 2010. "The Efficiency of the Global Markets for Final Goods and Productive Capabilities," Boston College Working Papers in Economics 766, Boston College Department of Economics, revised 31 Jan 2012.
    56. Mosahid Khan & Kul B. Luintel & Konstantinos Theodoris, 2010. "How Robust is the R&D – Productivity relationship? Evidence from OECD Countries," WIPO Economic Research Working Papers 01, World Intellectual Property Organization - Economics and Statistics Division, revised Dec 2010.
    57. K. Sudhir & Debabrata Talukdar, 2015. "The “Peter Pan Syndrome” in Emerging Markets: The Productivity-Transparency Trade-off in IT Adoption," Marketing Science, INFORMS, vol. 34(4), pages 500-521, July.
    58. Ali YOUSEFI & Sadegh KHALILIAN & Mohammad Hadi HAJIAN, 2010. "The Role of Water Sector in Iranian Economy: A CGE Modeling Approach," EcoMod2010 259600173, EcoMod.
    59. Jonathan Haskel & Raffaella Sadun, 2012. "Regulation and UK Retailing Productivity: Evidence from Microdata," Economica, London School of Economics and Political Science, vol. 79(315), pages 425-448, July.
    60. Danny Leung, 2004. "The Effect of Adjustment Costs and Organizational Change on Productivity in Canada: Evidence from Aggregate Data," International Productivity Monitor, Centre for the Study of Living Standards, vol. 9, pages 52-61, Fall.
    61. Edquist, Harald & Henrekson, Magnus, 2016. "Do R&D and ICT Affect Total Factor Productivity Growth Differently?," Working Paper Series 1108, Research Institute of Industrial Economics, revised 28 Nov 2016.
    62. Hwang, Won-Sik & Shin, Jungwoo, 2017. "ICT-specific technological change and economic growth in Korea," Telecommunications Policy, Elsevier, vol. 41(4), pages 282-294.
    63. Bernd Görzig & Martin Gornig, 2013. "Intangibles, Can They Explain the Dispersion in Return Rates?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59(4), pages 648-664, December.
    64. Haskel, J & Corrado, C & Jona-Lasinio, C & Iommi, M, 2013. "Innovation and intangible investment in Europe, Japan and the US," Working Papers 11139, Imperial College, London, Imperial College Business School.
    65. Chen, Wen & Niebel, Thomas & Saam, Marianne, 2014. "Are intangibles more productive in ICT-intensive industries? Evidence from EU countries," ZEW Discussion Papers 14-070, ZEW - Leibniz Centre for European Economic Research.
    66. John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017. "The Disappointing Recovery of Output after 2009," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(1 (Spring), pages 1-81.
    67. Stiroh Kevin & Botsch Matthew, 2007. "Information Technology and Productivity Growth in the 2000s," German Economic Review, De Gruyter, vol. 8(2), pages 255-280, May.
    68. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.
    69. Ronia Hawash & Guenter Lang, 2020. "Does the digital gap matter? Estimating the impact of ICT on productivity in developing countries," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 189-209, June.
    70. Takuji Fueki & Takuji Kawamoto, 2008. "Does Information Technology Raise Japan's Productivity?," Bank of Japan Working Paper Series 08-E-8, Bank of Japan.
    71. Edquist, Harald, 2021. "The Economic Impact of Mobile Broadband Speed," 23rd ITS Biennial Conference, Online Conference / Gothenburg 2021. Digital societies and industrial transformations: Policies, markets, and technologies in a post-Covid world 238018, International Telecommunications Society (ITS).
    72. Erik Brynjolfsson & Daniel Rock & Chad Syverson, 2018. "The Productivity J-Curve: How Intangibles Complement General Purpose Technologies," NBER Working Papers 25148, National Bureau of Economic Research, Inc.
    73. Chen, Kaiji & Wemy, Edouard, 2015. "Investment-specific technological changes: The source of long-run TFP fluctuations," European Economic Review, Elsevier, vol. 80(C), pages 230-252.
    74. Richard G. Anderson & Kevin L. Kliesen, 2011. "How does the FOMC learn about economic revolutions? evidence from the New Economy Era, 1994-2001," Working Papers 2011-041, Federal Reserve Bank of St. Louis.
    75. Danny Leung & Yi Zheng, 2012. "What affects MFP in the long-run? Evidence from Canadian industries," Applied Economics, Taylor & Francis Journals, vol. 44(6), pages 727-738, February.
    76. Nicholas Oulton, 2013. "Medium and long run prospects for UK growth in the aftermath of the financial crisis," Discussion Papers 1307, Centre for Macroeconomics (CFM).
    77. Gunnarsson, Gudmundur & Mellander, Erik & Savvidou, Eleni, 2004. "Human capital is the key to the IT productivity paradox," Working Paper Series 2004:13, IFAU - Institute for Evaluation of Labour Market and Education Policy.
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    79. Masayuki MORIKAWA, 2014. "Are Large Headquarters Unproductive? Evidence from a panel of Japanese companies," Discussion papers 14036, Research Institute of Economy, Trade and Industry (RIETI).
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    84. Rodrigo Vergara & Rosario Rivero, 2005. "Productividad Sectorial en Chile: 1986-2001," Documentos de Trabajo 286, Instituto de Economia. Pontificia Universidad Católica de Chile..
    85. Miyagawa, Tsutomu & Tonogi, Konomi & Ishikawa, Takayuki, 2021. "Does the productivity J-curve exist in Japan?-Empirical studies based on the multiple q theory," Journal of the Japanese and International Economies, Elsevier, vol. 61(C).
    86. Carmen Lopez-Pueyo & Jaime Sanau & Sara Barcenilla, 2009. "International technological spillovers from ICT-producing manufacturing industries: a panel data analysis," International Review of Applied Economics, Taylor & Francis Journals, vol. 23(2), pages 215-231.
    87. ., 2013. "Revisiting U.S. Productivity Growth over the Past Century with a View of the Future," Chapters, in: D. S.P. Rao & Bart van Ark (ed.), World Economic Performance, chapter 12, pages 317-370, Edward Elgar Publishing.
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    89. Ekaterina Prytkova, 2021. "ICT's Wide Web: a System-Level Analysis of ICT's Industrial Diffusion with Algorithmic Links," Jena Economics Research Papers 2021-005, Friedrich-Schiller-University Jena.
    90. Young Bong Chang & Vijay Gurbaxani, 2013. "An Empirical Analysis of Technical Efficiency: The Role of IT Intensity and Competition," Information Systems Research, INFORMS, vol. 24(3), pages 561-578, September.
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    92. Joseph Pasky Ngameni & Ludovic Feulefack Kemmanang & Sylvain Bertelet Ngassam, 2022. "Growth Gap between China and Africa: Do Digital Technologies Matter?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 24-43, March.
    93. Kyoji FUKAO & Kenta IKEUCHI & YoungGak KIM & Hyeog KWON, 2015. "Why Was Japan Left Behind in the ICT Revolution?," Discussion papers 15043, Research Institute of Economy, Trade and Industry (RIETI).
    94. Francesco VENTURINI, 2008. "Information Technology, Research & Development, or Both? What Really Drives A Nation's Productivity," Working Papers 321, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    95. Robert Inklaar & Marcel P. Timmer, 2007. "Of Yeast and Mushrooms: Patterns of Industry‐Level Productivity Growth," German Economic Review, Verein für Socialpolitik, vol. 8(2), pages 174-187, May.
    96. Christoph Gortz & John D. Tsoukalas, 2013. "Learning, Capital Embodied Technology and Aggregate Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 708-723, October.
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    99. Charlotta Groth, 2008. "Quantifying UK Capital Adjustment Costs," Economica, London School of Economics and Political Science, vol. 75(298), pages 310-325, May.
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    103. Dollar, David & Kraay, Aart, 2005. "Neither a borrower nor a lender : does China's zero net foreign asset position make economic sense?," Policy Research Working Paper Series 3801, The World Bank.
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    105. Elena Ketteni & Theofanis Mamuneas & Panos Pashardes, 2013. "ICT and Energy Use: Patterns of Substitutability and Complementarity in Production," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 7(1), pages 63-86, June.
    106. Mauro Giorgio Marrano & Jonathan Haskel & Gavin Wallis, 2007. "What Happened to the Knowledge Economy? ICT, Intangible Investment and Britain's Productivity Record Revisited," Working Papers 603, Queen Mary University of London, School of Economics and Finance.
    107. Tero Kuusi, 2015. "The dynamics of ICT adaptation and the productivity gaps across advanced nations," Journal of Productivity Analysis, Springer, vol. 44(2), pages 175-188, October.
    108. Ilmakunnas, Pekka & Miyakoshi, Tatsuyoshi, 2013. "What are the drivers of TFP in the Aging Economy? Aging labor and ICT capital," Journal of Comparative Economics, Elsevier, vol. 41(1), pages 201-211.
    109. Venetia Bell & Pablo Burriel-Llombart & Jerry Jones, 2005. "A quality-adjusted labour input series for the United Kingdom (1975-2002)," Bank of England working papers 280, Bank of England.
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    111. Ana Rincon & Michela VECCHI & Francesco VENTURINI, 2012. "ICT spillovers, absorptive capacity and productivity performance," Quaderni del Dipartimento di Economia, Finanza e Statistica 103/2012, Università di Perugia, Dipartimento Economia.
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    114. John G. Fernald, 2016. "Reassessing Longer-Run U.S. Growth: How Low?," Working Paper Series 2016-18, Federal Reserve Bank of San Francisco.
    115. Alan Hughes & Michael S Scott Morton, 2005. "ICT and productivity growth - the paradox resolved?," Working Papers wp316, Centre for Business Research, University of Cambridge.
    116. Kyoji FUKAO & Kenta IKEUCHI & Hyeog KWON & YoungGak KIM & Tatsuji MAKINO & Miho TAKIZAWA, 2015. "Lessons from Japan's Secular Stagnation," Discussion papers 15124, Research Institute of Economy, Trade and Industry (RIETI).
    117. Alan Hughes, 2007. "Innovation Policy as cargo cult: Myth and Reality in knowledge-led Productivity Growth," Working Papers wp348, Centre for Business Research, University of Cambridge.
    118. Hyunbae CHUN & Tsutomu MIYAGAWA & Hak Kil PYO & Konomi TONOGI, 2015. "Do Intangibles Contribute to Productivity Growth in East Asian Countries? Evidence from Japan and Korea," Discussion papers 15055, Research Institute of Economy, Trade and Industry (RIETI).
    119. J. Christina Wang, 2014. "Vanishing procyclicality of productivity?: industry evidence," Working Papers 14-15, Federal Reserve Bank of Boston.
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    121. Chun, Hyunbae & Kim, Jung-Wook & Lee, Jason, 2015. "How does information technology improve aggregate productivity? A new channel of productivity dispersion and reallocation," Research Policy, Elsevier, vol. 44(5), pages 999-1016.
    122. Yanfei Li & Wai-Mun Chia, 2013. "Information and communication technology and economic growth of four Asian industrialized economies," Chapters, in: Sören Eriksson (ed.), Clusters and Economic Growth in Asia, chapter 2, pages 21-39, Edward Elgar Publishing.
    123. Venturini, Francesco, 2015. "The modern drivers of productivity," Research Policy, Elsevier, vol. 44(2), pages 357-369.
    124. Francisco-Javier Escribá-Pérez & María-José Murgui-García & José-Ramón Ruiz-Tamarit, 2022. "The devil is in the details: Capital stock estimation and aggregate productivity growth—An application to the Spanish economy," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(1), pages 31-50, January.

  34. John G. Fernald & Brent Neiman, 2003. "Measuring productivity growth in Asia: do market imperfections matter?," Working Paper Series WP-03-15, Federal Reserve Bank of Chicago.

    Cited by:

    1. Kalemli-Özcan, Sebnem & Karabarbounis, Loukas & Gopinath, Gita & Villegas-Sanchez, Carolina, 2015. "Capital Allocation and Productivity in South Europe," CEPR Discussion Papers 10826, C.E.P.R. Discussion Papers.
    2. Sophie Piton, 2018. "Do Unit Labor Costs Matter? A Decomposition Exercise on European Data," Working Papers halshs-01785345, HAL.
    3. Loukas Karabarbounis & Brent Neiman, 2013. "The Global Decline of the Labor Share," NBER Working Papers 19136, National Bureau of Economic Research, Inc.
    4. John Fernald, 2015. "Comment on "Trends and Cycles in China's Macroeconomy"," NBER Chapters, in: NBER Macroeconomics Annual 2015, Volume 30, pages 90-100, National Bureau of Economic Research, Inc.
    5. Rod Tyers & Feng Lu, 2009. "Competition Policy, Corporate Saving and China's Current Account Surplus," ANU Working Papers in Economics and Econometrics 2009-496, Australian National University, College of Business and Economics, School of Economics.
    6. Jesus Felipe & J. S. L. Mccombie, 2007. "On the Rental Price of Capital and the Profit Rate: The Perils and Pitfalls of Total Factor Productivity Growth," Review of Political Economy, Taylor & Francis Journals, vol. 19(3), pages 317-345.
    7. Brent Neiman & Gita Gopinath, 2011. "Trade Adjustment and Productivity in Large Crises," 2011 Meeting Papers 975, Society for Economic Dynamics.
    8. Hyeok Jeong & Robert Townsend, 2007. "Sources of TFP growth: occupational choice and financial deepening," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
    9. Gilbert Cette & John Fernald & Benoît Mojon, 2016. "The pre-Great Recession slowdown in productivity," Post-Print hal-01725475, HAL.
    10. Timo Boppart & Huiyu Li, 2021. "Productivity Slowdown: Reducing the Measure of Our Ignorance," Working Paper Series 2021-21, Federal Reserve Bank of San Francisco.
    11. Ayumu Ken Kikkawa & Glenn Magerman & Emmanuel Dhyne, 2019. "Imperfect competition in firm-to-firm trade," Working Paper Research 363, National Bank of Belgium.
    12. Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2015. "Trends and Cycles in China's Macroeconomy," NBER Working Papers 21244, National Bureau of Economic Research, Inc.
    13. Emmanuel Dhyne & Glenn Magerman & Ayumu Ken kikkawa, 2019. "Imperfect Competition in Firm-to-Firm Trade," Working Papers ECARES 2019-05, ULB -- Universite Libre de Bruxelles.
    14. Areendam Chanda & Bibhudutta Panda, 2016. "Productivity Growth In Goods And Services Across The Heterogeneous States Of America," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 1021-1045, April.
    15. Farhi, Emmanuel & Baqaee, David Rezza, 2017. "Productivity and Misallocation in General Equilibrium," CEPR Discussion Papers 12447, C.E.P.R. Discussion Papers.
    16. S. M. Thangavelu & Mun‐Heng Toh, 2005. "Bilateral ‘WTO‐Plus’ Free Trade Agreements: The WTO Trade Policy Review of Singapore 2004," The World Economy, Wiley Blackwell, vol. 28(9), pages 1211-1228, September.
    17. Paul E. Brockway & Matthew K. Heun & João Santos & John R. Barrett, 2017. "Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation," Energies, MDPI, vol. 10(2), pages 1-23, February.
    18. S.M. Thangavelu & Toh Mun Heng, 2005. "Bilateral “WTO-Plus†Free Trade Agreements : The WTO Trade Policy Review of Singapore 2004," Trade Working Papers 22590, East Asian Bureau of Economic Research.
    19. E. Grifell-Tatjé & C. A. K. Lovell, 2019. "Dual Productivity Analysis: A Konüs/Shephard Approach," CEPA Working Papers Series WP102019, School of Economics, University of Queensland, Australia.
    20. Nathan Lane, 2024. "Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea," CESifo Working Paper Series 11388, CESifo.
    21. Bibhudutta Panda, 2017. "Schooling and productivity growth: evidence from a dual growth accounting application to U.S. states," Journal of Productivity Analysis, Springer, vol. 48(2), pages 193-221, December.
    22. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2015. "The Economy of People’s Republic of China from 1953," NBER Working Papers 21397, National Bureau of Economic Research, Inc.
    23. Bigsten, Arne & Durevall, Dick, 2004. "Kenya’s Development Path and Factor Prices 1964-2000," Working Papers in Economics 142, University of Gothenburg, Department of Economics.
    24. Grifell-Tatjé, E. & Lovell, C.A.K., 2021. "Dual productivity analysis: A Konüs/Shephard approach," European Journal of Operational Research, Elsevier, vol. 289(1), pages 328-337.
    25. Guido Sandleris & Mark L.J. Wright, 2011. "The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis," NBER Working Papers 17552, National Bureau of Economic Research, Inc.
    26. Loukas Karabarbounis & Brent Neiman, 2019. "Accounting for Factorless Income," NBER Macroeconomics Annual, University of Chicago Press, vol. 33(1), pages 167-228.
    27. J. Wang & John Fernald, 2016. "Why Has the Cyclicality of Productivity Changed? What Does It Mean?," 2016 Meeting Papers 1220, Society for Economic Dynamics.
    28. Dai, Xiaoyong & Cheng, Liwei, 2016. "Market distortions and aggregate productivity: Evidence from Chinese energy enterprises," Energy Policy, Elsevier, vol. 95(C), pages 304-313.
    29. Sujana Kabiraj, 2020. "Analyzing the Sources of Misallocation in Indian Manufacturing: A Gross-Output Approach," Asian Development Review, MIT Press, vol. 37(2), pages 134-166, September.
    30. Jiří Mihola & Petr Wawrosz, 2014. "Alternativní metoda měření extenzivních a intenzivních faktorů změny HDP a její aplikace na vývoj HDP USA a Číny [An Alternative Method How to Measure Impact of the Intensive and Extensive Factors ," Politická ekonomie, Prague University of Economics and Business, vol. 2014(5), pages 583-604.
    31. C. A. K. Lovell, 2021. "The Pandemic, The Climate, and Productivity," CEPA Working Papers Series WP112021, School of Economics, University of Queensland, Australia.
    32. Álvaro Hernando Chaves Castro, 2017. "La productividad total de factores en el sector agropecuario en Colombia, 1961 - 2013," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 11(1), pages 89-126, June.
    33. Albert Bollard & Peter Klenow & Gunjan Sharma, 2012. "Online Appendix to "India's Mysterious Manufacturing Miracle"," Online Appendices 11-75, Review of Economic Dynamics.
    34. Akihiko Ikeda, 2020. "Learning-by-doing and business cycles in emerging economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(3), pages 611-631, August.
    35. Piton, Sophie, 2021. "Economic integration and unit labour costs," European Economic Review, Elsevier, vol. 136(C).
    36. Serena Fatica, 2017. "Measurement and Allocation of Capital Inputs With Taxes: A Sensitivity Analysis for OECD Countries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(1), pages 1-29, March.
    37. Sophie Piton, 2017. "Economic Integration and the Non-tradable Sector: The European Experience," 2017 Papers ppi361, Job Market Papers.
    38. C. A. K. Lovell, 2016. "Recent Developments in Productivity Analysis," Pacific Economic Review, Wiley Blackwell, vol. 21(4), pages 417-444, October.
    39. Gonzalez, Ignacio & Trivin, Pedro, 2019. "The Global Rise of Asset Prices and the Decline of the Labor Share," MPRA Paper 94587, University Library of Munich, Germany.
    40. Pete Klenow & Gunjan Sharma & Albert Bollard, 2011. "India's Mysterious Manufacturing Miracle," 2011 Meeting Papers 1176, Society for Economic Dynamics.
    41. Jesus Felipe & John S.L. McCombie, 2013. "The Aggregate Production Function and the Measurement of Technical Change," Books, Edward Elgar Publishing, number 1975, March.
    42. Guriev, Sergei & Cheremukhin, Anton & Golosov, Mikhail & Tsyvinski, Aleh, 2015. "The Economy of People’s Republic of China from 1953," CEPR Discussion Papers 10764, C.E.P.R. Discussion Papers.
    43. Jesus Felipe & John McCombie, 2012. "Aggregate Production Functions and the Accounting Identity Critique: Further Reflections on Temple's Criticisms and Misunderstandings," Economics Working Paper Archive wp_718, Levy Economics Institute.

  35. Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003. "The Case of the Missing Productivity Growth: Or, Does Information Technology Explain why Productivity Accelerated in the US but not the UK?," NBER Working Papers 10010, National Bureau of Economic Research, Inc.

    Cited by:

    1. Martin Berka & Michael B. Devereux & Charles Engel, 2014. "Real Exchange Rates and Sectoral Productivity in the Eurozone," NBER Working Papers 20510, National Bureau of Economic Research, Inc.
    2. Francesco Venturini, 2009. "The long-run impact of ICT," Empirical Economics, Springer, vol. 37(3), pages 497-515, December.
    3. Mariela Dal Borgo & Peter Goodridge & Jonathan Haskel & Annarosa Pesole, 2013. "Productivity and Growth in UK Industries: An Intangible Investment Approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(6), pages 806-834, December.
    4. Stephen D. Oliner & Daniel E. Sichel & Kevin J. Stiroh, 2007. "Explaining a Productive Decade," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 81-152.
    5. Kul Luintel & Mosahid Khan & Konstantinos Theodoridis, 2014. "On the robustness of R&D," Journal of Productivity Analysis, Springer, vol. 42(2), pages 137-155, October.
    6. Eden,Maya & Gaggl,Paul, 2015. "On the welfare implications of automation," Policy Research Working Paper Series 7487, The World Bank.
    7. Elena Ketteni & Constantina Kottaridi & Theofanis Mamuneas, 2015. "Information and communication technology and foreign direct investment: interactions and contributions to economic growth," Empirical Economics, Springer, vol. 48(4), pages 1525-1539, June.
    8. Xu Yi & Nezih Guner & Gustavo Ventura, 2005. "Macroeconomic Implications of Size Dependent Policies," 2005 Meeting Papers 530, Society for Economic Dynamics.
    9. Carol Corrado & Charles R. Hulten, 2012. "Innovation Accounting," Economics Program Working Papers 12-04, The Conference Board, Economics Program.
    10. John G. Fernald, 2017. "Paradox resolved? A review of the Rise and Fall of American Growth, by Robert J. Gordon," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 52(4), pages 265-267, October.
    11. Miguel A. León-Ledesma & Peter McAdam & Alpo Willman, 2015. "Production Technology Estimates and Balanced Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(1), pages 40-65, February.
    12. Goodall, Amanda H., 2009. "Highly cited leaders and the performance of research universities," Research Policy, Elsevier, vol. 38(7), pages 1079-1092, September.
    13. Ketteni, Elena & Mamuneas, Theofanis P. & Stengos, Thanasis, 2007. "Nonlinearities in economic growth: A semiparametric approach applied to information technology data," Journal of Macroeconomics, Elsevier, vol. 29(3), pages 555-568, September.
    14. Ronia Hawash & Guenter Lang, 2010. "The Impact of Information Technology on Productivity in Developing Countries," Working Papers 19, The German University in Cairo, Faculty of Management Technology.
    15. David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States Have a Productivity Slowdown or a Measurement Problem?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 109-182.
    16. Jordan Rappaport, 2005. "Why are Some Cities So Crowded?," 2005 Meeting Papers 131, Society for Economic Dynamics.
    17. Engelbrecht, Hans-Jurgen & Xayavong, Vilaphonh, 2006. "ICT intensity and New Zealand's productivity malaise: Is the glass half empty or half full?," Information Economics and Policy, Elsevier, vol. 18(1), pages 24-42, March.
    18. Oulton, Nicholas, 2004. "A statistical framework for the analysis of productivity and sustainable development," LSE Research Online Documents on Economics 19963, London School of Economics and Political Science, LSE Library.
    19. Evangelia Vourvachaki, 2006. "Information and Communication Technologies in a Multi-Sector Endogenous Growth Model," CEP Discussion Papers dp0750, Centre for Economic Performance, LSE.
    20. Giovanni Notaro, 2004. "ICT, Output and Productivity Growth in the United Kingdom: A Sectoral Analysis," International Productivity Monitor, Centre for the Study of Living Standards, vol. 8, pages 37-46, Spring.
    21. Peng, Fei & Anwar, Sajid & Kang, Lili, 2015. "New technology and old institutions: An empirical analysis of the skill-biased demand for older workers in Europe," MPRA Paper 78317, University Library of Munich, Germany.
    22. Felicitas Nowak-Lehmann D. & Elena Gross, 2015. "What effect does development aid have on productivity in recipient countries? An analysis using quantiles and thresholds," Ibero America Institute for Econ. Research (IAI) Discussion Papers 232, Ibero-America Institute for Economic Research.
    23. Alison Pearson & J. Christina Wang, 2014. "Productivity in the slow lane?: the role of information and communications technology," Current Policy Perspectives 14-10, Federal Reserve Bank of Boston.
    24. Michelle Alexopoulos & Jon Cohen, 2012. "The Effects of Computer Technologies on the Canadian Economy: Evidence from New Direct Measures," International Productivity Monitor, Centre for the Study of Living Standards, vol. 23, pages 17-32, Spring.
    25. Muhammad Shahbaz & Ijaz Ur Rehman & Rashid Sbia & Helmi Hamdi, 2016. "The Role of Information Communication Technology and Economic Growth in Recent Electricity Demand: Fresh Evidence from Combine Cointegration Approach in UAE," Post-Print halshs-01902760, HAL.
    26. Molinari, Benedetto & Rodríguez, Jesús & Torres, José L., 2013. "Growth and technological progress in selected Pacific countries," Japan and the World Economy, Elsevier, vol. 28(C), pages 60-71.
    27. Susanto Basu & John G. Fernald & J. Christina Wang, 2004. "A general-equilibrium asset-pricing approach to the measurement of nominal and real bank output," Working Papers 04-7, Federal Reserve Bank of Boston.
    28. Janet L. Yellen, 2005. "The U.S. economic outlook," Speech 4, Federal Reserve Bank of San Francisco.
    29. Benati, Luca, 2006. "Drift and Breaks in Labour Productivity," CEPR Discussion Papers 5801, C.E.P.R. Discussion Papers.
    30. Gilbert Cette & John Fernald & Benoît Mojon, 2016. "The pre-Great Recession slowdown in productivity," Post-Print hal-01725475, HAL.
    31. Nicholas Bloom & Raffaella Sadun & John Van Reenen, 2012. "Americans Do IT Better: US Multinationals and the Productivity Miracle," American Economic Review, American Economic Association, vol. 102(1), pages 167-201, February.
    32. Oulton, Nicholas, 2012. "Long term implications of the ICT revolution: Applying the lessons of growth theory and growth accounting," Economic Modelling, Elsevier, vol. 29(5), pages 1722-1736.
    33. Riccardo Leoni, 2013. "Organization of work practices and productivity: an assessment of research on world- class manufacturing," Chapters, in: Anna Grandori (ed.), Handbook of Economic Organization, chapter 17, Edward Elgar Publishing.
    34. Eden,Maya & Gaggl,Paul, 2015. "Do poor countries really need more IT ? the role of relative prices and industrial composition," Policy Research Working Paper Series 7352, The World Bank.
    35. Violante, Giovanni & Hornstein, Andreas, 2005. "The Effects of Technical Change on Labour Market Inequalities," CEPR Discussion Papers 5025, C.E.P.R. Discussion Papers.
    36. John G. Fernald & Shanthi Ramnath, 2004. "The acceleration in U.S. total productivity after 1995: the role of information technology," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 28(Q I), pages 52-67.
    37. Benoit Robidoux, 2003. "Future Productivity Growth in Canada: The Role of the Service Sector," International Productivity Monitor, Centre for the Study of Living Standards, vol. 7, pages 58-65, Fall.
    38. Catherine Robinson & Mary O'Mahony & Michela Vecchi, 2004. "The Impact Of ICT On The Demand For Skilled Labour: A Cross-Country Comparison," Royal Economic Society Annual Conference 2004 91, Royal Economic Society.
    39. Susanto Basu, 2014. "Productivity and the Welfare of Nations," 2014 Meeting Papers 787, Society for Economic Dynamics.
    40. Susanto Basu & Luigi Pascali & Fabio Schiantarelli & Luis Serven, 2022. "Productivity and the Welfare of Nations," Journal of the European Economic Association, European Economic Association, vol. 20(4), pages 1647-1682.
    41. Agnieszka Gehringer & Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann Danzinger, 2016. "What are the drivers of total factor productivity in the European Union?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 25(4), pages 406-434, June.
    42. Michelle Alexopoulos & Jon Cohen, 2011. "Volumes of evidence: examining technical change in the last century through a new lens," Canadian Journal of Economics, Canadian Economics Association, vol. 44(2), pages 413-450, May.
    43. Engelbrecht, Hans-Jurgen & Xayavong, Vilaphonh, 2004. "Information And Communication Technology And New Zealand'S Productivity Malaise: An Industry-Level Study," Discussion Papers 23698, Massey University, Department of Applied and International Economics.
    44. Tsutomu MIYAGAWA & Miho TAKIZAWA & Kazuma EDAMURA, 2013. "Does the Stock Market Evaluate Intangible Assets? An empirical analysis using data of listed firms in Japan," Discussion papers 13052, Research Institute of Economy, Trade and Industry (RIETI).
    45. Bruno Tissot & Les Skoczylas, 2005. "Revisiting recent productivity developments across OECD countries," BIS Working Papers 182, Bank for International Settlements.
    46. Charlotta Groth, 2005. "Estimating UK capital adjustment costs," Bank of England working papers 258, Bank of England.
    47. Cornelia NOVAC-UDUDEC & Cristina ENACHE & Corina SBUGHEA, 2011. "The IT Impact on the Productivity and the Organizational Performance of Firms in Romania. A model of Empirical Analysis," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 177-183.
    48. Iacovone, Leonardo & Pereira-López, Mariana & Schiffbauer, Marc, 2023. "Competition makes IT better: Evidence on when firms use IT more effectively," Research Policy, Elsevier, vol. 52(8).
    49. Olivier Blanchard, 2004. "The Economic Future of Europe," NBER Working Papers 10310, National Bureau of Economic Research, Inc.
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    56. Seema Sangita, 2021. "Higher Education, Vocational Training and Performance of Firms," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 15(1), pages 122-148, February.
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    95. Ekaterina Prytkova, 2021. "ICT's Wide Web: a System-Level Analysis of ICT's Industrial Diffusion with Algorithmic Links," Jena Economics Research Papers 2021-005, Friedrich-Schiller-University Jena.
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    106. Chellaraj, Gnanaraj & Maskus, Keith E. & Mattoo, Aaditya, 2005. "The contribution of skilled immigration and international graduate students to U.S. innovation," Policy Research Working Paper Series 3588, The World Bank.
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    108. Görtz, Christoph & Tsoukalas, John D., 2018. "Sectoral TFP news shocks," Economics Letters, Elsevier, vol. 168(C), pages 31-36.
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    110. Dollar, David & Kraay, Aart, 2005. "Neither a borrower nor a lender : does China's zero net foreign asset position make economic sense?," Policy Research Working Paper Series 3801, The World Bank.
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    112. Elena Ketteni & Theofanis Mamuneas & Panos Pashardes, 2013. "ICT and Energy Use: Patterns of Substitutability and Complementarity in Production," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 7(1), pages 63-86, June.
    113. Sumner La Croix, 2007. "Decomposing and Analyzing Korea’s Declining GDP Growth: Some Cautions and Suggestions," Working Papers 200721, University of Hawaii at Manoa, Department of Economics.
    114. Mauro Giorgio Marrano & Jonathan Haskel & Gavin Wallis, 2007. "What Happened to the Knowledge Economy? ICT, Intangible Investment and Britain's Productivity Record Revisited," Working Papers 603, Queen Mary University of London, School of Economics and Finance.
    115. Tero Kuusi, 2015. "The dynamics of ICT adaptation and the productivity gaps across advanced nations," Journal of Productivity Analysis, Springer, vol. 44(2), pages 175-188, October.
    116. Ilmakunnas, Pekka & Miyakoshi, Tatsuyoshi, 2013. "What are the drivers of TFP in the Aging Economy? Aging labor and ICT capital," Journal of Comparative Economics, Elsevier, vol. 41(1), pages 201-211.
    117. Venetia Bell & Pablo Burriel-Llombart & Jerry Jones, 2005. "A quality-adjusted labour input series for the United Kingdom (1975-2002)," Bank of England working papers 280, Bank of England.
    118. Ketteni, Elena & Mamuneas, Theofanis & Stengos, Thanasis, 2011. "The Effect Of Information Technology And Human Capital On Economic Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 15(5), pages 595-615, November.
    119. Ana Rincon & Michela VECCHI & Francesco VENTURINI, 2012. "ICT spillovers, absorptive capacity and productivity performance," Quaderni del Dipartimento di Economia, Finanza e Statistica 103/2012, Università di Perugia, Dipartimento Economia.
    120. Ricardo de Avillez, 2011. "A Detailed Analysis of the Productivity Performance of the Canadian Primary Agriculture Sector," CSLS Research Reports 2011-06, Centre for the Study of Living Standards.
    121. Inklaar, Robert & Mahony, Mary O' & Timmer, Marcel, 2003. "ICT and Europe's productivity performance industry-level growth account comparisons with the United States," GGDC Research Memorandum 200368, Groningen Growth and Development Centre, University of Groningen.
    122. Juan F. Jimeno & Esther Moral & Lorena Saiz, 2006. "Structural breaks in labor productivity growth: the United States vs. the European Union," Working Papers 0625, Banco de España.
    123. Obasa, Rotimi Sunday Mr. & Gurowa, S. U, 2023. "Effect of Information and Communication Technology on Financial Performance of Deposit Money Bank in Nigeria," Thesis Commons c7x45, Center for Open Science.
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    131. Hulten, Charles R., 2010. "Growth Accounting," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 987-1031, Elsevier.
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    134. Venturini, Francesco, 2015. "The modern drivers of productivity," Research Policy, Elsevier, vol. 44(2), pages 357-369.
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  36. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2003. "China and emerging Asia: comrades or competitors?," International Finance Discussion Papers 789, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Cheung, Yin-Wong & Chinn, Menzie D. & Qian, XingWang, 2012. "Are Chinese trade flows different?," Journal of International Money and Finance, Elsevier, vol. 31(8), pages 2127-2146.
    2. Colavecchio, Roberta & Funke, Michael, 2008. "Volatility transmissions between renminbi and Asia-Pacific on-shore and off-shore U.S. dollar futures," China Economic Review, Elsevier, vol. 19(4), pages 635-648, December.
    3. Kumakura, Masanaga, 2005. "Trade, Exchange Rates, and Macroeconomic Dynamics in East Asia: Why the Electronics Cycle Matters," IDE Discussion Papers 34, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    4. Thorbecke, Willem, 2008. "Global imbalances, triangular trading patterns, and the yen/dollar exchange rate," Journal of the Japanese and International Economies, Elsevier, vol. 22(4), pages 503-517, December.
    5. Barry Eichengreen & Hui Tong, 2007. "Is China’s FDI Coming at the Expense of Other Countries?," Chapters, in: Klaus Liebscher & Josef Christl & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), Foreign Direct Investment in Europe, chapter 11, Edward Elgar Publishing.
    6. Mr. Harm Zebregs, 2004. "Intraregional Trade in Emerging Asia," IMF Policy Discussion Papers 2004/001, International Monetary Fund.
    7. Willem Thorbecke, 2011. "The Effect of Exchange Rate Changes on Trade in East Asia," Trade Working Papers 23274, East Asian Bureau of Economic Research.
    8. Aaditya Mattoo & Arvind Subramanian, 2011. "A China Round of Multilateral Trade Negotiations," Working Paper Series WP11-22, Peterson Institute for International Economics.
    9. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2010. "China's Current Account and Exchange Rate," NBER Chapters, in: China's Growing Role in World Trade, pages 231-271, National Bureau of Economic Research, Inc.
    10. Ming-Chieh Wang & Sook-Hui Lee, 2016. "Analysis of the Correlation Structure between Stock and Exchange Rate Markets: An Example of China on Asian emerging Markets," Accounting and Finance Research, Sciedu Press, vol. 5(2), pages 104-104, May.
    11. Lee Branstetter, 2006. "China's Embrace of Globalisation," Working Papers id:640, eSocialSciences.
    12. Arslan Razmi, 2006. "Pursuing Manufacturing-BasedExport-Led Growth: Are Developing Countries Increasingly Crowding Each Other Out?," UMASS Amherst Economics Working Papers 2006-05, University of Massachusetts Amherst, Department of Economics.
    13. Mauricio Mesquita Moreira, 2006. "Fear of China : is there a future for manufacturing in Latin America ?," INTAL Working Papers 1278, Inter-American Development Bank, INTAL.
    14. David Greenaway & Aruneema Mahabir & Chris Milner, 2010. "Has China Displaced Other Asian Countries’ Exports?," Palgrave Macmillan Books, in: David Greenaway & Chris Milner & Shujie Yao (ed.), China and the World Economy, chapter 4, pages 60-90, Palgrave Macmillan.
    15. Yuqing Xing, 2008. "China's Exports in ICT and its Impact on Asian Countries," WIDER Working Paper Series RP2008-39, World Institute for Development Economic Research (UNU-WIDER).
    16. Shin-ichi Fukuda, 2008. "The Rise of China and Sustained Recovery of Japan," CIRJE F-Series CIRJE-F-589, CIRJE, Faculty of Economics, University of Tokyo.
    17. Shin-Ichi Fukuda & Munehisa Kasuya, 2012. "A Rise Of China And The Japanese Economy: Evidence From Macro- And Firm-Level Micro-Data," China Economic Policy Review (CEPR), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 1-27.
    18. Prema-chandra Athukorala, 2007. "The Rise of China and East Asian Export Performance: Is the Crowding-out Fear Warranted?," Departmental Working Papers 2007-10, The Australian National University, Arndt-Corden Department of Economics.
    19. Benoît Mercereau, 2005. "FDI Flows to Asia: Did the Dragon Crowd Out the Tigers?," IMF Working Papers 2005/189, International Monetary Fund.
    20. Barry Eichengreen & Yeongseop Rhee & Hui Tong, 2004. "The Impact of China on the Exports of Other Asian Countries," NBER Working Papers 10768, National Bureau of Economic Research, Inc.
    21. Razmi, Arslan, 2007. "Pursuing manufacturing-based export-led growth: Are developing countries increasingly crowding each other out?," Structural Change and Economic Dynamics, Elsevier, vol. 18(4), pages 460-482, December.
    22. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2006. "Flying geese or sitting ducks: China’s impact on the trading fortunes of other Asian economies," International Finance Discussion Papers 887, Board of Governors of the Federal Reserve System (U.S.).
    23. Larry D. Qiu & Chaoqun Zhan, 2016. "Special Section: China's Growing Trade and its Role to the World Economy," Pacific Economic Review, Wiley Blackwell, vol. 21(1), pages 45-71, February.
    24. Cong S. Pham & Xuan Nguyen & Pasquale Sgro & Xueli Tang, 2017. "Has China Displaced its Competitors in High†tech Trade?," The World Economy, Wiley Blackwell, vol. 40(8), pages 1569-1596, August.
    25. Kumakura, Masanaga & Kuroko, Masato, 2007. "China's Impact on the Exports of Other Asian Countries: A Note," IDE Discussion Papers 131, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    26. Barry Eichengreen & Yeongseop Rhee & Hui Tong, 2007. "China and the Exports of Other Asian Countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 143(2), pages 201-226, July.
    27. Dungey, Mardi & Khan, Faisal & Raghavan, Mala, 2018. "International trade and the transmission of shocks: The case of ASEAN-4 and NIE-4 economies," Economic Modelling, Elsevier, vol. 72(C), pages 109-121.
    28. Flôres Junior, Renato Galvão & Watanuki, Masakazu, 2006. "Is China a Northern Partner to Mercosul?," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 617, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    29. Benedikt Heid & Raúl Mínguez & Asier Minondo, 2021. "Is competition from China so special?," The World Economy, Wiley Blackwell, vol. 44(1), pages 64-88, January.
    30. Wong, Chin-Yoong & Eng, Yoke-Kee & Habibullah, Muzafar Shah, 2014. "Rising China, anxious Asia? A Bayesian New Keynesian view," China Economic Review, Elsevier, vol. 28(C), pages 90-106.
    31. Peter E Robertson & Jessica Y Xu, 2010. "In China's Wake: Has Asia Gained From China's Growth?," Economics Discussion / Working Papers 10-15, The University of Western Australia, Department of Economics.
    32. Hickey, Ronan & Osborne, Jenny, 2004. "The Chinese Economy: Emergence and Evolution," Quarterly Bulletin Articles, Central Bank of Ireland, pages 67-91, July.
    33. Masanaga Kumakura & Masato Kuroko, 2008. "China's Impact on the Exports of Other Asian Countries: A Note," Economics Bulletin, AccessEcon, vol. 6(5), pages 1-15.
    34. Thorbecke, Willem, 2010. "An empirical analysis of ASEAN's labor-intensive exports," Journal of Asian Economics, Elsevier, vol. 21(6), pages 505-513, December.

  37. Susanto Basu & John G. Fernald & Matthew D. Shapiro, 2001. "Productivity growth in the 1990s: technology, utilization, or adjustment," Working Paper Series WP-01-04, Federal Reserve Bank of Chicago.

    Cited by:

    1. Goodridge, PR & Haskel, J, 2015. "How does big data affect GDP? Theory and evidence for the UK," Working Papers 25156, Imperial College, London, Imperial College Business School.
    2. Ioannis Bournakis & Dimitris Christopoulos & Sushanta Mallick, 2015. "Knowlegde Spillovers, absorptive capacity and growth: An industry-level Analysis for OECD countries," FIW Working Paper series 147, FIW.
    3. Stephen D. Oliner & Daniel E. Sichel & Kevin J. Stiroh, 2007. "Explaining a Productive Decade," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 81-152.
    4. MartinNeil Baily & Robert Z. Lawrence, 2001. "Do We Have a New E-conomy?," American Economic Review, American Economic Association, vol. 91(2), pages 308-312, May.
    5. Daniel Aaronson & Daniel G. Sullivan, 2001. "Growth in worker quality," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q IV), pages 53-74.
    6. Ioannis Bournakis & Dimitris Christopoulos & Sushanta Mallick, 2018. "Knowledge Spillovers And Output Per Worker: An Industry‐Level Analysis For Oecd Countries," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 1028-1046, April.
    7. Carlsson, Mikael & Messina, Julián & Nordström Skans, Oskar, 2011. "Wage Adjustment and Productivity Shocks," IZA Discussion Papers 5719, Institute of Labor Economics (IZA).
    8. Jesús Rodríguez López & Diego Martínez López & José Luis Torres Chacón, 2007. "The Productivity Paradox and the New Economy: The Spanish Case," Working Papers 07.01, Universidad Pablo de Olavide, Department of Economics.
    9. Charles L. Evans & David A. Marshall, 2001. "Economic determinants of the nominal treasury yield curve," Working Paper Series WP-01-16, Federal Reserve Bank of Chicago.
    10. Liu, Yeshen & Wang, Beibei & Song, Zhe, 2025. "Promoting or inhibiting: The impact of artificial intelligence application on corporate environmental performance," International Review of Financial Analysis, Elsevier, vol. 97(C).
    11. Yannick L'Horty & Christophe Rault, 2003. "The Impact of Growth, Labour Cost and Working Time on Employment: Lessons from the French Experience," Documents de recherche 03-08, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    12. Carlsson, Mikael & Messina, Julián & Nordström Skans, Oskar, 2014. "Firm-level shocks and labor adjustments," Working Paper Series 2014:28, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    13. David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States Have a Productivity Slowdown or a Measurement Problem?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 109-182.
    14. Ahn, Sanghoon, 2003. "Technology Upgrading with Learning Cost," CEI Working Paper Series 2003-21, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
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    80. Po‐Hsuan Hsu & Huijun Wang & Wei Yang, 2022. "General Purpose Technologies as Systematic Risk in Global Stock Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(5), pages 1141-1173, August.
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    122. Diego Comin & Antonella Trigari & Javier Quintana Gonzalez & Tom Schmitz, 2019. "Measuring Productivity Growth in the Presence of Adjustment Costs, Markups and Variable Capacity Utilization," 2019 Meeting Papers 666, Society for Economic Dynamics.
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    124. Charles R. Hulten, 2009. "Growth Accounting," NBER Working Papers 15341, National Bureau of Economic Research, Inc.
    125. Rajeev Dhawan & Karsten Jeske, 2007. "Taylor rules with headline inflation: a bad idea," FRB Atlanta Working Paper 2007-14, Federal Reserve Bank of Atlanta.
    126. Weder, Mark, 2001. "The great demand depression," SFB 373 Discussion Papers 2001,53, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
    127. Claudia Curi & Paolo Guarda & Ana Lozano-Vivas & Valentin Zelenyuk, 2013. "Is foreign-bank efficiency in financial centers driven by home or host country characteristics?," Journal of Productivity Analysis, Springer, vol. 40(3), pages 367-385, December.
    128. Kamila Radlinska, 2020. "Procyclicality of Changes in Labour Productivity - Labour Hoarding in CEE Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 185-200.
    129. Mary C. Daly & John G. Fernald & Òscar Jordà & Fernanda Nechio, 2013. "Shocks and Adjustments," Working Paper Series 2013-32, Federal Reserve Bank of San Francisco.
    130. Álvaro Escribano & Rodolfo Stucchi, 2014. "Does recession drive convergence in firms’ productivity? Evidence from Spanish manufacturing firms," Journal of Productivity Analysis, Springer, vol. 41(3), pages 339-349, June.
    131. Dossche, Maarten & Gazzani, Andrea & Lewis, Vivien, 2021. "Labor adjustment and productivity in the OECD," Working Paper Series 2571, European Central Bank.
    132. C. A. K. Lovell, 2021. "The Pandemic, The Climate, and Productivity," CEPA Working Papers Series WP112021, School of Economics, University of Queensland, Australia.
    133. R. Rijesh, 2019. "International Trade and Productivity Growth in Indian Industry: Evidence from the Organized Manufacturing Sector," Journal of South Asian Development, , vol. 14(1), pages 1-39, April.
    134. Andrés Maroto & Luis Rubalcaba, 2008. "Services productivity revisited," The Service Industries Journal, Taylor & Francis Journals, vol. 28(3), pages 337-353, April.
    135. Shendy, Riham, 2007. "Efficiency Gains from Trade Reform: Foreign Technology or Import Competition? Evidence from South Africa’s Manufacturing Sector," Economics Working Papers ECO2007/18, European University Institute.
    136. Han, Minsoo & Pyun, Ju Hyun, 2021. "Markups and income inequality: Causal links, 1975-2011," Journal of Comparative Economics, Elsevier, vol. 49(2), pages 290-312.
    137. Claudia Curi & Paolo Guarda & Ana Lozano-Vivas & Valentin Zelenyuk, 2011. "Is foreign-bank efficiency in financial centers driven by homecountry characteristics?," BCL working papers 68, Central Bank of Luxembourg.
    138. Alston, Julian M. & Andersen, Matthew A. & Pardey, Philip G., 2006. "Asset Utilization and Bias in Measures of U.S. Agricultural Productivity," 2006 Annual meeting, July 23-26, Long Beach, CA 21220, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    139. C. Guette-Khiter, 2016. "Non-resident holdings of French CAC 40 companies at end-2015," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 43, pages 35-46, Autumn.
    140. Steven Pressman, 2005. "Income Guarantees and the Equity-Efficiency Tradeoff," LIS Working papers 348, LIS Cross-National Data Center in Luxembourg.
    141. Andersen, Matthew A. & Alston, Julian M. & Pardey, Philip G., 2010. "Capital Use Intensity and Productivity Biases," Staff Papers 93143, University of Minnesota, Department of Applied Economics.
    142. Patrick Francois & Huw Lloyd-Ellis, 2004. "Investment Cycles," Macroeconomics 0405005, University Library of Munich, Germany, revised 05 May 2004.
    143. Robert Inklaar & Marcel P. Timmer, 2007. "Of Yeast and Mushrooms: Patterns of Industry‐Level Productivity Growth," German Economic Review, Verein für Socialpolitik, vol. 8(2), pages 174-187, May.
    144. Chen, Kaiji & Song, Zheng, 2013. "Financial frictions on capital allocation: A transmission mechanism of TFP fluctuations," Journal of Monetary Economics, Elsevier, vol. 60(6), pages 683-703.
    145. Enrique Alberola & Ángel Estrada & Daniel Santabárbara, 2014. "Growth and imbalances in Spain: a reassessment of the output gap," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 5(2), pages 333-356, August.
    146. Andreas Hornstein & Per Krusell, 2000. "The IT revolution : is it evident in the productivity numbers?," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 49-78.
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    148. Ben Dolman & Lan Lu & Jyoti Rahman, 2006. "Understanding productivity trends," Economic Roundup, The Treasury, Australian Government, issue 1, pages 35-52, March.
    149. Nam, Choong Hyun, 2014. "The role of product diversification in skill-biased technological change," MPRA Paper 61029, University Library of Munich, Germany.
    150. Ichiro Takahashi & Isamu Okada, 2020. "An artificial Wicksell–Keynes economy integrating short-run business cycle and long-term cumulative trend," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 15(4), pages 953-998, October.
    151. Crouzet, Nicolas & Eberly, Janice, 2021. "Intangibles, markups, and the measurement of productivity growth," Journal of Monetary Economics, Elsevier, vol. 124(S), pages 92-109.
    152. Regis Bonelli, 2015. "Labor Productivity in Brazil during the 1990s," Discussion Papers 0117, Instituto de Pesquisa Econômica Aplicada - IPEA.
    153. Thomas Strobel, 2012. "New evidence on the sources of EU countries’ productivity growth—industry growth differences from R&D and competition," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 39(3), pages 293-325, August.
    154. Ursel Baumann & Melina Vasardani, 2016. "The slowdown in US productivity growth - what explains it and will it persist?," Working Papers 215, Bank of Greece.
    155. Yongsung Chang & Mark Bils, 2002. "Welfare Costs of Sticky Wages When Effort Can Respond," Macroeconomics 0204003, University Library of Munich, Germany.
    156. Katharine S. Neiss & Evi Pappa, 2005. "Persistence without too much price stickiness: the role of variable factor utilization," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 231-255, January.
    157. Hyun Nam, Choong, 2014. "The Role of Product Diversification in Skill-Biased Technological Change," Economic Research Papers 270225, University of Warwick - Department of Economics.
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    160. Virgil Eldon Ball & Carlos San Juan Mesonada & Carlos Sunyer Manteiga & Kennet Ericson & Yu Sheng, 2023. "Technology catch‐up in agriculture among advanced economies," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 67(1), pages 18-37, January.
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  39. Oliver D. Babson & John G. Fernald, 1999. "Why has China survived the Asian crisis so well? What risks remain?," International Finance Discussion Papers 633, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Yin-Wong Cheung & Risto Herrala, 2014. "China's Capital Controls: Through the Prism of Covered Interest Differentials," Pacific Economic Review, Wiley Blackwell, vol. 19(1), pages 112-134, February.
    2. Françoise Lemoine, 1999. "Les délocalisations au cœur de l'expansion du commerce extérieur chinois," Économie et Statistique, Programme National Persée, vol. 326(1), pages 53-70.
    3. John P. Bonin & Yiping Huang, 2001. "Dealing with the Bad Loans of the Chinese Banks," William Davidson Institute Working Papers Series 357, William Davidson Institute at the University of Michigan.
    4. Carsten Hefeker & Andreas Nabor, 2005. "China's role in East-Asian monetary integration," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 10(2), pages 157-166.
    5. Vincent Bouvatier, 2007. "Hot Money Inflows and Monetary Stability in China: How the People's Bank of China Took up the Challenge," Money Macro and Finance (MMF) Research Group Conference 2006 161, Money Macro and Finance Research Group.
    6. Yin-Wong Cheung & Sven Steinkamp & Frank Westermann, "undated". "China’s Capital Flight: Pre- and Post-Crisis Experiences," GRU Working Paper Series GRU_2016_009, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    7. Yin-Wong Cheung & Kenneth K. Chow & Matthew S. Yiu, 2017. "Effects of Capital Flow on the Equity and Housing Markets in Hong Kong," Working Papers 012017, Hong Kong Institute for Monetary Research.
    8. Alan G. Ahearne & John G. Fernald & Prakash Loungani, 2001. "Countering contagion: Does China's experience offer a blueprint?," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q IV), pages 38-52.
    9. Vincent Bouvatier, 2006. "Hot money inflows in China: How the people's bank of China took up the challenge," Cahiers de la Maison des Sciences Economiques bla06011, Université Panthéon-Sorbonne (Paris 1).
    10. Plasmans, J.E.J., 2001. "Currency Crises and Economic Monetary Cooperation : An Application to South East Asia and Comparison with Mexico, Brazil and Europe," Other publications TiSEM d740e32a-4dff-44ad-ae39-0, Tilburg University, School of Economics and Management.
    11. Rod Tyers & Iain Bain & Yongxiang Bu, 2008. "China'S Equilibrium Real Exchange Rate: A Counterfactual Analysis," Pacific Economic Review, Wiley Blackwell, vol. 13(1), pages 17-39, February.
    12. Wink Joosten, 2004. "The Asian Financial Crisis in Retrospect: What Happened? What Can We Conclude?," CPB Memorandum 87, CPB Netherlands Bureau for Economic Policy Analysis.
    13. Fernald, John & Edison, Hali & Loungani, Prakash, 1999. "Was China the first domino? Assessing links between China and other Asian economies," Journal of International Money and Finance, Elsevier, vol. 18(4), pages 515-535, August.
    14. Francois Gurtner, 1999. "The stability of the Renminbi in the wake of the Asian financial crisis," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 34(3), pages 135-143, May.
    15. Rod Tyers & Jane Golley, 2006. "China's Growth to 2030: The Roles of Demographic Change and Investment Risk," ANU Working Papers in Economics and Econometrics 2006-461, Australian National University, College of Business and Economics, School of Economics.
    16. Rod Tyers & Jane Golley, 2006. "China's Growth to 2030: The Roles of Demographic Change and Investment Premia," PGDA Working Papers 1206, Program on the Global Demography of Aging.
    17. Lee Kam Hing & Cheong Kee Cheok & Lee Poh Ping, 2013. "Robert Kuok: Family, Dialect, and State in the Making of a Malaysian Magnate," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 53(3), pages 268-291, November.
    18. Françoise Lemoine, 2000. "FDI and the Opening Up of China's Economy," Working Papers 2000-11, CEPII research center.
    19. Zhang, Jing & Pezeshkan, Amir, 2016. "Host country network, industry experience, and international alliance formation: Evidence from the venture capital industry," Journal of World Business, Elsevier, vol. 51(2), pages 264-277.

  40. Hali J. Edison & John G. Fernald & Prakash Loungani, 1998. "Was China the first domino? assessing links between China and the rest of emerging Asia," International Finance Discussion Papers 604, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Ramkishen S. Rejan, 1998. "The Currency And Financial Crisis In Southeast Asia - A Case Of `Sudden Deathã¢Â‚¬Â„¢ Or `Death Foretoldã¢Â‚¬Â„¢," Macroeconomics Working Papers 22381, East Asian Bureau of Economic Research.
    2. F. Gerard Adams & Byron Gangnes & Yochanan Shachmurove, 2004. "How the Dragon Captured the World Export Markets: Outsourcing and Foreign Investment Lead the Way," PIER Working Paper Archive 04-042, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    3. Lane, P & Honohan, P, 1999. "Pegging To The Dollar And The Euro," Trinity Economics Papers 996, Trinity College Dublin, Department of Economics.
    4. Corsetti, G. & Pesenti, P. & Roubini, N., 1998. "What Caused the Asian Currency and Financial Crisis?," Papers 343, Banca Italia - Servizio di Studi.
    5. Corsetti, Giancarlo & Pesenti, Paolo & Roubini, Nouriel, 1999. "Paper tigers?: A model of the Asian crisis," European Economic Review, Elsevier, vol. 43(7), pages 1211-1236, June.
    6. Gerlach-Kristen, Petra, 2006. "Internal and external shocks in Hong Kong: Empirical evidence and policy options," Economic Modelling, Elsevier, vol. 23(1), pages 56-75, January.
    7. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 1998. "What Caused the Asian Currency and Financial Crisis? Part II: The Policy Debate," NBER Working Papers 6834, National Bureau of Economic Research, Inc.
    8. Ramkishen Rajan, 2010. "The Currency and Financial Crisis in Southeast Asia: A Case of 'Sudden Death' or Death Foretold'?," Working Papers id:2583, eSocialSciences.
    9. Reuven Glick, 1998. "Thoughts on the origins of the Asia crisis: impulses and propagation mechanisms," Pacific Basin Working Paper Series 98-07, Federal Reserve Bank of San Francisco.
    10. Ramkishen S. Rajan, 1998. "The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis," Macroeconomics Working Papers 22382, East Asian Bureau of Economic Research.
    11. Surjit S. Bhalla, 2010. "Chinese Mercantilism: Currency Wars and How the East was Lost," Working Papers id:2751, eSocialSciences.
    12. Alan G. Ahearne & John G. Fernald & Prakash Loungani, 2001. "Countering contagion: Does China's experience offer a blueprint?," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q IV), pages 38-52.
    13. Broome, Simon & Morley, Bruce, 2004. "Stock prices as a leading indicator of the East Asian financial crisis," Journal of Asian Economics, Elsevier, vol. 15(1), pages 189-197, February.
    14. Dauvin Peterson & Scott Pardee & Phanindra Wunnava, 2003. "Relative development in stock markets: empirical evidence from mainland China and Hong Kong," Applied Financial Economics, Taylor & Francis Journals, vol. 13(4), pages 309-316.
    15. F. Gerard Adams & Byron Gangnes & Yochanan Shachmurove, 2006. "Why is China so Competitive? Measuring and Explaining China's Competitiveness," The World Economy, Wiley Blackwell, vol. 29(2), pages 95-122, February.
    16. Ramkishen S. Rajan & Sadhana Srivastava, 2010. "Implications Of The Economic Rise Of The PRC For Asean and India: Trade and Foreign Direct Investment," Working Papers id:2680, eSocialSciences.
    17. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2006. "Flying geese or sitting ducks: China’s impact on the trading fortunes of other Asian economies," International Finance Discussion Papers 887, Board of Governors of the Federal Reserve System (U.S.).
    18. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini & Cedric Tille, 1999. "Competitive Devaluations: A Welfare-Based Approach," NBER Working Papers 6889, National Bureau of Economic Research, Inc.
    19. Singh, Nirvikar & Mora, Jesse & Carolan, Terrie, 2012. "Trade Dynamics in the East Asian Miracle: A Time Series Analysis of U.S.-East Asia Commodity Trade, 1962-1992," Santa Cruz Department of Economics, Working Paper Series qt0fm1r83r, Department of Economics, UC Santa Cruz.
    20. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2003. "China and emerging Asia: comrades or competitors?," International Finance Discussion Papers 789, Board of Governors of the Federal Reserve System (U.S.).
    21. Huang, Bwo-Nung & Yang, Chin-Wei, 2003. "An analysis of exchange rate linkage effect: an application of the multivariate correlation analysis," Journal of Asian Economics, Elsevier, vol. 14(2), pages 337-351, April.
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    1. Li, Yuan & Ran, Jimmy, 2020. "Investor Sentiment and Stock Price Premium Validation with Siamese Twins from China," Journal of Multinational Financial Management, Elsevier, vol. 57.
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    1. Fabrizio Perri & Jonathan Heathcote, 2007. "The International Diversification Puzzle Is Not as Bad as You Think," Working Papers 2007-3, University of Minnesota, Department of Economics, revised 08 Oct 2007.
    2. Andrés González & Sergio Ocampo & Diego Rodríguez & Norberto Rodríguez, 2011. "Asimetrías del empleo y el producto, una aproximación de equilibrio general," Borradores de Economia 663, Banco de la Republica de Colombia.
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    7. Jakob B. Madsen & Md. Rabiul Islam & James B. Ang, 2010. "Catching up to the technology frontier: the dichotomy between innovation and imitation," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 43(4), pages 1389-1411, November.
    8. International Monetary Fund [IMF], 2018. "World Economic Outlook, April 2018: Cyclical Upswing, Structural Change," Working Papers id:12768, eSocialSciences.
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    12. Tambalotti, Andrea & Primiceri, Giorgio & Justiniano, Alejandro, 2008. "Investment Shocks and Business Cycles," CEPR Discussion Papers 6739, C.E.P.R. Discussion Papers.
    13. Lawrence J. Christiano & Martin S. Eichenbaum & Robert J. Vigfusson, 2003. "The response of hours to a technology shock: evidence based on direct measures of technology," International Finance Discussion Papers 790, Board of Governors of the Federal Reserve System (U.S.).
    14. Marcos Sanso-Navarro, 2011. "Broken trend stationarity of hours worked," Post-Print hal-00712742, HAL.
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    17. Morikawa, Masayuki, 2012. "Demand fluctuations and productivity of service industries," Economics Letters, Elsevier, vol. 117(1), pages 256-258.
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    31. Brianti, Marco & Cormun, Vito, 2023. "Expectation-Driven Boom-Bust Cycles," Working Papers 2023-4, University of Alberta, Department of Economics.
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  46. Susanto Basu & John G. Fernald, 1995. "Aggregate productivity and the productivity of aggregates," International Finance Discussion Papers 532, Board of Governors of the Federal Reserve System (U.S.).

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    1. J. Bradford DeLong & Robert J. Waldmann, 1997. "Interpreting procyclical productivity: evidence from a cross-nation cross-industry panel," Economic Review, Federal Reserve Bank of San Francisco, pages 33-52.
    2. Elias Sanidas & Hyeri Park, 2011. "Korean Augmented Production Function: The Role Of Services And Other Factors In Korea¡¯S Economic Growth Of Industries," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 36(1), pages 59-85, March.
    3. Perli, Roberto, 1998. "Indeterminacy, home production, and the business cycle: A calibrated analysis," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 105-125, February.
    4. Damijan, Jože P. & Rojec, Matija & Majcen, Boris & Knell, Mark, 2013. "Impact of firm heterogeneity on direct and spillover effects of FDI: Micro-evidence from ten transition countries," Journal of Comparative Economics, Elsevier, vol. 41(3), pages 895-922.
    5. Kiyohiko G. Nishimura & Masato Shirai, 2000. "Fixed Costs, Imperfect Competition and Bias in Technology Measurement: Japan and the United States," CIRJE F-Series CIRJE-F-97, CIRJE, Faculty of Economics, University of Tokyo.
    6. Djankov, Simeon & Hoekman, Bernard, 1999. "Foreign investment and productivity growth in Czech enterprises," Policy Research Working Paper Series 2115, The World Bank.
    7. N. Gregory Mankiw & Ricardo Reis, 2006. "Pervasive Stickiness," Harvard Institute of Economic Research Working Papers 2111, Harvard - Institute of Economic Research.
    8. Mankiw, N Gregory, 2006. "Pervasive Stickiness (Expanded Version)," CEPR Discussion Papers 5521, C.E.P.R. Discussion Papers.
    9. Yongsung Chang & Joao F. Gomes & Frank Schorfheide, 2002. "Learning-by-Doing as a Propagation Mechanism," American Economic Review, American Economic Association, vol. 92(5), pages 1498-1520, December.
    10. Raphael Bergoeing & Andrea Repetto, 2006. "Micro Efficiency and Aggregate Growth in Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(127), pages 169-192.
    11. Altug, Sumru G. & Filiztekin, Alpay, 1999. "Estimates of the Returns to Scale for US Manufacturing," CEPR Discussion Papers 2121, C.E.P.R. Discussion Papers.
    12. Diego Comin, 2002. "Comments on James Bessen's "Technology Adoption Costs and Productivity Growth: The 70's as a Technology Transition"," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 470-476, April.
    13. Damijan, Joze P. & Knell, Mark & Majcen, Boris & Rojec, Matija, 2003. "The role of FDI, R&D accumulation and trade in transferring technology to transition countries: evidence from firm panel data for eight transition countries," Economic Systems, Elsevier, vol. 27(2), pages 189-204, June.
    14. Raphael Bergoeing & Andrés Hernando & Andrea Repetto, 2003. "Idiosyncratic Productivity Shocks and Plant-Level Heterogeneity," Documentos de Trabajo 173, Centro de Economía Aplicada, Universidad de Chile.
    15. Luca Dedola & Francesco Lippi, 2000. "The Monetary Transmission Mechanism: Evidence from the Industry Data of Five OECD Countries," Econometric Society World Congress 2000 Contributed Papers 1833, Econometric Society.
    16. Basu, Susanto & Fernald, John G, 1997. "Returns to Scale in U.S. Production: Estimates and Implications," Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 249-283, April.
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  47. Susanto Basu & John G. Fernald, 1994. "Constant returns and small markups in U.S. manufacturing," International Finance Discussion Papers 483, Board of Governors of the Federal Reserve System (U.S.).

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    1. Philip Arestis & Georgios Chortareas & John D. Tsoukalas, 2010. "Money and Information in a New Neoclassical Synthesis Framework," Discussion Papers 10/01, University of Nottingham, School of Economics.
    2. Rahul Anand & Eswar S. Prasad, 2010. "Optimal Price Indices for Targeting Inflation Under Incomplete Markets," NBER Working Papers 16290, National Bureau of Economic Research, Inc.
    3. BOUAKEZ, Hafed & CARDIA Emanuela & RUGE-MURCIA, Francisco, 2005. "The Transmission of Monetary Policy in a Multi-Sector Economy," Cahiers de recherche 2005-16, Universite de Montreal, Departement de sciences economiques.
    4. Eichenbaum, Martin & Christiano, Lawrence J. & Linde, Jesper & Altig, David E, 2005. "Firm-Specific Capital, Nominal Rigidities and the Business Cycle," CEPR Discussion Papers 4858, C.E.P.R. Discussion Papers.
    5. Susanto Basu & John G. Fernald, 1995. "Are Apparent Productive Spillovers a Figment of Specification Error?," NBER Working Papers 5073, National Bureau of Economic Research, Inc.
    6. Aysun, Uluc, 2008. "Automatic stabilizer feature of fixed exchange rate regimes," Emerging Markets Review, Elsevier, vol. 9(4), pages 302-328, December.
    7. Ellen R. McGrattan, 1999. "Predicting the effects of Federal Reserve policy in a sticky-price model: an analytical approach," Working Papers 598, Federal Reserve Bank of Minneapolis.
    8. Lawrence J. Christiano & Martin S. Eichenbaum & Charles L. Evans, 2001. "Nominal rigidities and the dynamic effects of a shock to monetary policy," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    9. Alain Paquet & Benoit Robidoux, 1997. "Issues on the Measurement of the Solow Residual and the Testing of its Exogeneity: a Tale of Two Countries," Cahiers de recherche CREFE / CREFE Working Papers 51, CREFE, Université du Québec à Montréal.
    10. Danthine, Jean-Pierre & Kurmann, André, 2010. "The business cycle implications of reciprocity in labor relations," Journal of Monetary Economics, Elsevier, vol. 57(7), pages 837-850, October.
    11. Benhabib, Jess & Farmer, Roger E A, 1996. "Indeterminacy and Sector-specific Externalities," CEPR Discussion Papers 1403, C.E.P.R. Discussion Papers.
    12. Duca, John V. & Van Hoose, David D., 2001. "The Rise of Goods-Market Competition and the Fall of Nominal Wage Contracting: Endogenous Wage Contracting in a Multisector Economy," Journal of Macroeconomics, Elsevier, vol. 23(1), pages 1-29, January.
    13. Casares, Miguel, 2006. "Time-to-build, monetary shocks, and aggregate fluctuations," Journal of Monetary Economics, Elsevier, vol. 53(6), pages 1161-1176, September.
    14. Michael Kumhof, 2004. "Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities," Working Papers 182004, Hong Kong Institute for Monetary Research.
    15. Evers, Michael P., 2015. "Fiscal federalism and monetary unions: A quantitative assessment," Journal of International Economics, Elsevier, vol. 97(1), pages 59-75.
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    17. Jang-Ting Guo & Kevin J. Lansing, 1995. "Optimal taxation of capital income in a growth model with monopoly profits," Working Papers (Old Series) 9510, Federal Reserve Bank of Cleveland.
    18. Michael T. Kiley, 1997. "Staggered price setting and real rigidities," Finance and Economics Discussion Series 1997-46, Board of Governors of the Federal Reserve System (U.S.).
    19. Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1995. "Capital Utilization and Returns to Scale," NBER Working Papers 5125, National Bureau of Economic Research, Inc.
    20. Miles S. Kimball, 1995. "The Quantitative Analytics of the Basic Neomonetarist Model," NBER Working Papers 5046, National Bureau of Economic Research, Inc.
    21. Matthias Paustian, 2004. "Welfare Effects of Monetary Policy Rules in a Model with Nominal Rigidities and Credit Market Frictions," Econometric Society 2004 Far Eastern Meetings 597, Econometric Society.
    22. Junhee Lee, 2004. "sticky prices and comovement of business cycle," Econometric Society 2004 Far Eastern Meetings 582, Econometric Society.
    23. Burnside, Craig, 1996. "Production function regressions, returns to scale, and externalities," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 177-201, April.
    24. V.V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2000. "Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?," NBER Working Papers 7869, National Bureau of Economic Research, Inc.
    25. Uluc Aysun & Adam Honig, 2008. "Bankruptcy Costs, Liability Dollarization, and Vulnerability to Sudden Stops," Working papers 2008-41, University of Connecticut, Department of Economics.
    26. Jung, Yongseung, 2007. "Can the new open economy macroeconomic model explain exchange rate fluctuations?," Journal of International Economics, Elsevier, vol. 72(2), pages 381-408, July.
    27. Qinglai Meng & Andres Velasco, 1999. "Can Capital Mobility be Destabilizing?," NBER Working Papers 7263, National Bureau of Economic Research, Inc.
    28. Bouakez, Hafedh & Cardia, Emanuela & Ruge-Murcia, Francisco J., 2005. "Habit formation and the persistence of monetary shocks," Journal of Monetary Economics, Elsevier, vol. 52(6), pages 1073-1088, September.
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    30. David Aikman & Matthias Paustian, 2006. "Bank capital, asset prices and monetary policy," Bank of England working papers 305, Bank of England.
    31. Ekaterina V. Peneva, 2009. "Factor intensity and price rigidity: evidence and theory," Finance and Economics Discussion Series 2009-07, Board of Governors of the Federal Reserve System (U.S.).
    32. Parker, J.A., 1997. "The Timing of Purchases, Market Power, and Economic Fluctuations," Working papers 9723, Wisconsin Madison - Social Systems.
    33. Beaudry, Paul & Devereux, Michael B., 1995. "Money and the real exchange rate with sticky prices and increasing returns," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 43(1), pages 55-101, December.
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    35. Jung, Yongseung, 2000. "Nominal Rigidities, Monetary Policy and Exchange Rates in a Small Open Economy," Journal of Macroeconomics, Elsevier, vol. 22(4), pages 541-580, October.
    36. Yun, Tack, 1996. "Nominal price rigidity, money supply endogeneity, and business cycles," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 345-370, April.
    37. Kollmann, Robert, 2001. "Explaining international comovements of output and asset returns: The role of money and nominal rigidities," Journal of Economic Dynamics and Control, Elsevier, vol. 25(10), pages 1547-1583, October.
    38. Phillip Swagel, 1995. "Import prices and the competing goods effect," International Finance Discussion Papers 508, Board of Governors of the Federal Reserve System (U.S.).
    39. Kevin X. D. Huang & Zheng Liu, 2001. "Input-Output Structure and Nominal Staggering: The Persistence Problem Revisited," Cahiers de recherche CREFE / CREFE Working Papers 145, CREFE, Université du Québec à Montréal.
    40. Devereux, Michael B. & Head, Allen C. & Lapham, Beverly J., 1996. "Aggregate fluctuations with increasing returns to specialization and scale," Journal of Economic Dynamics and Control, Elsevier, vol. 20(4), pages 627-656, April.
    41. Alexopoulos, Michelle, 2007. "A monetary business cycle model with unemployment," Journal of Economic Dynamics and Control, Elsevier, vol. 31(12), pages 3904-3940, December.
    42. Duca, John V. & Vanhoose, David D., 1998. "The Rise of Goods-Market Competition and the Decline in Wage Indexation: A Macroeconomic Approach," Journal of Macroeconomics, Elsevier, vol. 20(3), pages 579-598, July.
    43. Mary G. Finn, 1995. "The increasing-returns-to-scale/sticky- price approach to monetary analysis," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 79-93.
    44. Betts, Caroline & Devereux, Michael B., 2000. "Exchange rate dynamics in a model of pricing-to-market," Journal of International Economics, Elsevier, vol. 50(1), pages 215-244, February.
    45. Yongseung Jung, 2017. "Understanding the Real Exchange Rate and Consumption: Limited Asset Market Participation," Korean Economic Review, Korean Economic Association, vol. 33, pages 127-152.

  48. Susanto Basu & John G. Fernald, 1994. "Are apparent productive spillovers a figment of specification error?," International Finance Discussion Papers 463, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Harrison, Sharon G. & Weder, Mark, 2002. "Tracing externalities as sources of indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 851-867, May.
    2. Ciaran Driver & Paul Temple & Giovanni Urga, 2005. "Identifying Externalities in UK Manufacturing Using Direct Estimation of an Average Cost Function," School of Economics Discussion Papers 1005, School of Economics, University of Surrey.
    3. Kevin X.D. Huang & Qinglai Meng, 2014. "Returns to Scale, Market Power, and the Nature of Price Rigidity in New Keynesian Models with Self‐Fulfilling Expectations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(2-3), pages 293-320, March.
    4. Salman Ahmad & Attiya Yasmin Javid, 2015. "Analysing the Price Cost Markup and Its Behaviour over the Business Cycles in Case of Manufacturing Industries of Pakistan," PIDE-Working Papers 2015:117, Pakistan Institute of Development Economics.
    5. Stephen D. Oliner & Daniel E. Sichel & Kevin J. Stiroh, 2007. "Explaining a Productive Decade," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 81-152.
    6. Ludger Linnemann, 1999. "Sectoral and aggregate estimates of the cyclical behavior of markups: Evidence from Germany," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 135(3), pages 480-500, September.
    7. Juin-Jen Chang & Hsieh-Yu Lin & Ms. Nora Traum & Susan Yang Shu-Chun, 2019. "Fiscal Consolidation and Public Wages," IMF Working Papers 2019/125, International Monetary Fund.
    8. W. Erwin Diewert & Takanobu Nakajima & Alice Nakamura & Emi Nakamura & Masao Nakamura, 2011. "Returns to scale: concept, estimation and analysis of Japan's turbulent 1964-88 economy," Canadian Journal of Economics, Canadian Economics Association, vol. 44(2), pages 451-485, May.
    9. Nigel Driffield & Max Munday & Annette Roberts, 2002. "Foreign Direct Investment, Transactions Linkages, and the Performance of the Domestic Sector," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(3), pages 335-351.
    10. Luis Antonio Galiano Bastarrica & Eva M. Buitrago Esquinas & María Ángeles Caraballo Pou & Rocío Yñiguez Ovando, 2023. "Environmental adjustment of the EU27 GDP: an econometric quantitative model," Environment Systems and Decisions, Springer, vol. 43(1), pages 115-128, March.
    11. Bill Dupor, 2005. "Keynesian Conundrum: Multiplicity and Time Consistent Stabilization," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 154-177, January.
    12. Carlsson, Mikael & Messina, Julián & Nordström Skans, Oskar, 2011. "Wage Adjustment and Productivity Shocks," IZA Discussion Papers 5719, Institute of Labor Economics (IZA).
    13. Rodolphe dos Santos Ferreira & Teresa Lloyd-Braga, 2007. "Business cycles with free entry ruled by animal spirits," Post-Print hal-00279266, HAL.
    14. Cooper, Russell W. & Johri, Alok, 1997. "Dynamic complementarities: A quantitative analysis," Journal of Monetary Economics, Elsevier, vol. 40(1), pages 97-119, September.
    15. Felipe, Jesus & McCombie, J. S. L., 1999. "Wan's "New Approach" to Technical Change: A Comment," Journal of Comparative Economics, Elsevier, vol. 27(2), pages 355-363, June.
    16. Jean Imbs, 1999. "Technology, Growth and the Business Cycle," Post-Print hal-00612600, HAL.
    17. Daniel Ryan, 2000. "Fluctuations in productivity growth rates and input utilization in U.S. manufacturing," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 28(2), pages 150-163, June.
    18. Huang, Kevin X.D. & Meng, Qinglai & Xue, Jianpo, 2009. "Is forward-looking inflation targeting destabilizing? The role of policy's response to current output under endogenous investment," Journal of Economic Dynamics and Control, Elsevier, vol. 33(2), pages 409-430, February.
    19. Sniekers, F., 2014. "Persistence and volatility of Beveridge cycles," CeNDEF Working Papers 14-11, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    20. Nakajima, Tomoyuki, 2005. "A business cycle model with variable capacity utilization and demand disturbances," European Economic Review, Elsevier, vol. 49(5), pages 1331-1360, July.
    21. Farmer, Roger E A, 1997. "Money in a Real Business Cycle Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(4), pages 568-611, November.
    22. Nigel Driffield & James Love & Karl Taylor, 2008. "Productivity and Labour Demand Effects of Inward and Outward FDI on UK Industry," Working Papers 2008001, The University of Sheffield, Department of Economics, revised Jan 2008.
    23. Huang, Kevin X.D. & Meng, Qinglai, 2012. "Increasing returns and unsynchronized wage adjustment in sunspot models of the business cycle," Journal of Economic Theory, Elsevier, vol. 147(1), pages 284-309.
    24. William D. Nordhaus, 2001. "Productivity Growth and the New Economy," NBER Working Papers 8096, National Bureau of Economic Research, Inc.
    25. Arne Bigsten & Paul Collier & Stefan Dercon & Marcel Fachamps & Bernard Gauthier & Jan Willem Gunning & Abena Oduro & Remco Oostendorp & Catherine Pattillo & Mans Soderbom & Francis Teal & Albert Zeuf, 2004. "Do African manufacturing firms learn from exporting?," Development and Comp Systems 0409071, University Library of Munich, Germany.
    26. Bretschger, Lucas & Schaefer, Andreas, 2017. "Dirty history versus clean expectations: Can energy policies provide momentum for growth?," European Economic Review, Elsevier, vol. 99(C), pages 170-190.
    27. Seegmuller, Thomas, 2008. "Taste For Variety And Endogenous Fluctuations In A Monopolistic Competition Model," Macroeconomic Dynamics, Cambridge University Press, vol. 12(4), pages 561-577, September.
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    180. Madani, Dorsati H., 2001. "South-South regional integration and industrial growth : the case of the Andean Pact," Policy Research Working Paper Series 2614, The World Bank.
    181. Hang, Jing, 2020. "The gross output agricultural productivity gap," Economics Letters, Elsevier, vol. 191(C).
    182. Nishioka, Shuichiro & Ripoll, Marla, 2012. "Productivity, trade and the R&D content of intermediate inputs," European Economic Review, Elsevier, vol. 56(8), pages 1573-1592.
    183. Lee, Wen-Chieh & Wang, Shinn-Shyr, 2017. "Misallocations and policy constraints on mergers in the modern manufacturing sector," Journal of Macroeconomics, Elsevier, vol. 52(C), pages 268-286.
    184. Charles Steindel & Kevin J. Stiroh, 2001. "Productivity: what is it and why do we care about it?," Staff Reports 122, Federal Reserve Bank of New York.
    185. Yu, Chin-Hsien & Zhao, Jinsong & Qin, Ping & Wang, Shinn-Shyr & Lee, Wen-Chieh, 2022. "Comparison of misallocation between the Chinese thermal power and hydropower electricity industries," Economic Modelling, Elsevier, vol. 116(C).
    186. Carlsson, Mikael & Westermark, Andreas, 2016. "Labor market frictions and optimal steady-state inflation," Journal of Monetary Economics, Elsevier, vol. 78(C), pages 67-79.
    187. Jesus Felipe & John S.L. McCombie, 2013. "The Aggregate Production Function and the Measurement of Technical Change," Books, Edward Elgar Publishing, number 1975, March.
    188. Patrice Pieretti & Arnaud Bourgain, 2006. "Measuring Agglomeration Forces in a Financial Center," Economics Bulletin, AccessEcon, vol. 18(3), pages 1-9.

Articles

  1. John G. Fernald & Ethan Goode & Huiyu Li & Brigid C. Meisenbacher, 2024. "Does Working from Home Boost Productivity Growth?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2024(02), pages 1-6, January.

    Cited by:

    1. John G. Fernald & Huiyu Li & Brigid C. Meisenbacher & Aren S. Yalcin, 2024. "Productivity During and Since the Pandemic," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2024(31), pages 1-6, November.

  2. Mehrdad Esfahani & John G. Fernald & Bart Hobijn, 2024. "World Productivity: 1996–2014," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(3), pages 160-189, July.
    See citations under working paper version above.
  3. John G. Fernald & Huiyu Li & Mitchell Ochse, 2021. "Future Output Loss from COVID-Induced School Closures," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2021(04), pages 01-05, February.

    Cited by:

    1. John G. Fernald & Huiyu Li, 2022. "The Impact of COVID on Productivity and Potential Output," Working Paper Series 2022-19, Federal Reserve Bank of San Francisco.
    2. Nabil Afodjo & Christopher Cotton & Maggie Jones, 2023. "Student Experiences with COVID-19 in Canada," Working Paper 1511, Economics Department, Queen's University.
    3. Janice C. dup Eberly & John dup Fernald, 2022. "Jackson Hole 2022 - Reassessing Economic Constraints: Potential Output (The Impact of COVID on Productivity and Potential Output)," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, August.

  4. John G. Fernald & Huiyu Li & Mitchell Ochse, 2021. "Labor Productivity in a Pandemic," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2021(22), pages 01-05, August.

    Cited by:

    1. Tomoyuki Yagi & Kakuho Furukawa & Jouchi Nakajima, 2022. "Productivity Trends in Japan - Reviewing Recent Facts and the Prospects for the Post-COVID-19 Era -," Bank of Japan Working Paper Series 22-E-10, Bank of Japan.

  5. Fernald, John G. & Hsu, Eric & Spiegel, Mark M., 2021. "Reprint: Is China fudging its GDP figures? Evidence from trading partner data," Journal of International Money and Finance, Elsevier, vol. 114(C).

    Cited by:

    1. Prasad, Eswar, 2023. "Has China's Growth Gone from Miracle to Malady?," IZA Discussion Papers 16140, Institute of Labor Economics (IZA).
    2. Flavia Corneli & Fabrizio Ferriani & Andrea Gazzani, 2023. "Macroeconomic news, the financial cycle and the commodity cycle: the Chinese footprint," Questioni di Economia e Finanza (Occasional Papers) 772, Bank of Italy, Economic Research and International Relations Area.
    3. Rogoff, Kenneth S. & Yang, Yuanchen, 2024. "A tale of tier 3 cities," Journal of International Economics, Elsevier, vol. 152(C).
    4. John Ammer & John H. Rogers & Gang Wang & Yang Yu, 2022. "Visible Hands: Professional Asset Managers' Expectations and the Stock Market in China," International Finance Discussion Papers 1362, Board of Governors of the Federal Reserve System (U.S.).
    5. Bruno Deschamps & Tianlun Fei & Ying Jiang & Xiaoquan Liu, 2022. "Procyclical volatility in Chinese stock markets," Review of Quantitative Finance and Accounting, Springer, vol. 58(3), pages 1117-1144, April.
    6. Yalcin, Erdal & Felbermayr, Gabriel & Kariem, Heider & Kirilakha, Aleksandra & Ohyun, Kwon & Syropoulos, Constantinos & Yotov, Yoto, 2024. "The Global Sanctions Data Base - Release 4: The Heterogeneous Effects of the Sanctions on Russia," School of Economics Working Paper Series 2024-8, LeBow College of Business, Drexel University.
    7. Yu Lu & Fanbin Kong & Luchen Huang & Kai Xiong & Caiyao Xu & Ben Wang, 2021. "Evaluation of the Implementation Effect of the Ecological Compensation Policy in the Poyang Lake River Basin Based on Difference-in-Difference Method," Sustainability, MDPI, vol. 13(15), pages 1-14, August.
    8. Wang, Xi & Liu, Ying & Chen, Zhongfei, 2022. "Monetary policy dysregulation with data distortion," Economic Modelling, Elsevier, vol. 116(C).
    9. Al-Haschimi, Alexander & Apostolou, Apostolos & Azqueta-Gavaldon, Andres & Ricci, Martino, 2023. "Using machine learning to measure financial risk in China," Working Paper Series 2767, European Central Bank.
    10. William Barcelona & Danilo Cascaldi-Garcia & Jasper Hoek & Eva Van Leemput, 2022. "What Happens in China Does Not Stay in China," International Finance Discussion Papers 1360, Board of Governors of the Federal Reserve System (U.S.).
    11. Lai, Pingyao & Zhu, Tian, 2022. "Deflating China's nominal GDP: 2004–2018," China Economic Review, Elsevier, vol. 71(C).
    12. Deschamps, Bruno & Fei, Tianlun & Jiang, Ying & Liu, Xiaoquan, 2025. "Uncertainty and cross-sectional stock returns: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 171(C).
    13. Lv, Mengdi & Jiao, Shoukun & Ye, Shiqi & Song, Hongmei & Xu, Jiexin & Ye, Wuyi, 2024. "Assessing time-varying risk in China’s GDP growth," Economics Letters, Elsevier, vol. 242(C).
    14. Amaze Lusompa & Jose Mustre-del-Rio, 2025. "KC Fed LMCI Can Help Sift Out Noise in Payroll Data," Economic Bulletin, Federal Reserve Bank of Kansas City, pages 1-3, January.

  6. Fernald, John G. & Hsu, Eric & Spiegel, Mark M., 2021. "Is China fudging its GDP figures? Evidence from trading partner data," Journal of International Money and Finance, Elsevier, vol. 110(C).
    See citations under working paper version above.
  7. John Fernald & Robert Inklaar, 2020. "Does Disappointing European Productivity Growth Reflect a Slowing Trend? Weighing the Evidence and Assessing the Future," International Productivity Monitor, Centre for the Study of Living Standards, vol. 38, pages 104-135, Spring.
    See citations under working paper version above.
  8. John G. Fernald & Huiyu Li, 2019. "Is Slow Still the New Normal for GDP Growth?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Georgina Maria Tinungki & Powell Gian Hartono & Robiyanto Robiyanto & Agus Budi Hartono & Jakaria Jakaria & Lydia Rosintan Simanjuntak, 2022. "The COVID-19 Pandemic Impact on Corporate Dividend Policy of Sustainable and Responsible Investment in Indonesia: Static and Dynamic Panel Data Model Comparison," Sustainability, MDPI, vol. 14(10), pages 1-23, May.
    2. Mary C. Daly, 2022. "Policy Nimbleness Through Forward Guidance," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2022(17), pages 1-07, June.

  9. John Fernald, 2018. "Is Slow Productivity and Output Growth in Advanced Economies the New Normal?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 35, pages 138-148, Fall.

    Cited by:

    1. Michelle Alexopoulos and Jon Cohen, 2018. "Canadian Productivity Growth, Secular Stagnation, and Technological Change," International Productivity Monitor, Centre for the Study of Living Standards, vol. 35, pages 113-137, Fall.
    2. Ziesemer, Thomas, 2021. "Labour-augmenting technical change data for alternative elasticities of substitution, growth, slowdown, and distribution dynamics," MERIT Working Papers 2021-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. F. J. Escribá‐Pérez & M. J. Murgui‐García & J. R. Ruiz‐Tamarit, 2023. "Endogenous capital stock and depreciation in the United States," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(1), pages 139-167, February.

  10. John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2018. "The Disappointing Recovery in U.S. Output after 2009," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Philippe Goulet Coulombe & Maximilian Goebel & Karin Klieber, 2024. "Dual Interpretation of Machine Learning Forecasts," Papers 2412.13076, arXiv.org.

  11. John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017. "The Disappointing Recovery of Output after 2009," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(1 (Spring), pages 1-81.
    See citations under working paper version above.
  12. John G. Fernald & Thomas M. Mertens & Patrick Shultz, 2017. "Has the Dollar Become More Sensitive to Interest Rates?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Matthieu Bussiere & Menzie D. Chinn & Laurent Ferrara & Jonas Heipertz, 2018. "The New Fama Puzzle," NBER Working Papers 24342, National Bureau of Economic Research, Inc.
      • Matthieu Bussière & Menzie Chinn & Laurent Ferrara & Jonas Heipertz, 2022. "The New Fama Puzzle," Post-Print hal-04459560, HAL.
      • Matthieu Bussière & Menzie Chinn & Laurent Ferrara & Jonas Heipertz, 2022. "The New Fama Puzzle," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 70(3), pages 451-486, September.

  13. John G. Fernald, 2016. "What Is the New Normal for U.S. Growth?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. John C. Williams, 2018. "The Future Fortunes of R-star: Are They Really Rising?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    2. John C. Williams, 2017. "Interest Rates and the \\"New Normal\\"," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    3. Jaeho Kim & Sora Chon, 2022. "Bayesian estimation of the long-run trend of the US economy," Empirical Economics, Springer, vol. 62(2), pages 461-485, February.
    4. John C. Williams, 2017. "Monetary Policy’s Role in Fostering Sustainable Growth," Speech 181, Federal Reserve Bank of San Francisco.
    5. Reuven Glick, 2019. "R* and the Global Economy," Working Paper Series 2019-18, Federal Reserve Bank of San Francisco.

  14. John G. Fernald & J. Christina Wang, 2016. "Why Has the Cyclicality of Productivity Changed? What Does It Mean?," Annual Review of Economics, Annual Reviews, vol. 8(1), pages 465-496, October.
    See citations under working paper version above.
  15. David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States Have a Productivity Slowdown or a Measurement Problem?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 109-182.
    See citations under working paper version above.
  16. Cette, Gilbert & Fernald, John & Mojon, Benoît, 2016. "The pre-Great Recession slowdown in productivity," European Economic Review, Elsevier, vol. 88(C), pages 3-20.
    See citations under working paper version above.
  17. John G. Fernald & Bing Wang, 2015. "The recent rise and fall of rapid productivity growth," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Rebecca M. Blank, 2016. "What Drives American Competitiveness?," The ANNALS of the American Academy of Political and Social Science, , vol. 663(1), pages 8-30, January.
    2. Ivan Mendieta-Muñoz, 2017. "Is Potential Output Growth Falling?," Working Paper Series, Department of Economics, University of Utah 2017_03, University of Utah, Department of Economics.
    3. Mendieta-Muñoz, Ivan, 2015. "Is potential output growth falling?," MPRA Paper 68278, University Library of Munich, Germany.
    4. Komlos, John, 2016. "Has Creative Destruction become more Destructive?," Munich Reprints in Economics 43465, University of Munich, Department of Economics.
    5. Sweet, Cassandra & Eterovic, Dalibor, 2019. "Do patent rights matter? 40 years of innovation, complexity and productivity," World Development, Elsevier, vol. 115(C), pages 78-93.
    6. Naudé, Wim, 2024. "What They Don't Teach You about Artificial Intelligence at Business School: Stagnation, Oil, and War," IZA Discussion Papers 17306, Institute of Labor Economics (IZA).

  18. John G. Fernald, 2015. "Productivity and Potential Output before, during, and after the Great Recession," NBER Macroeconomics Annual, University of Chicago Press, vol. 29(1), pages 1-51.
    See citations under working paper version above.
  19. Daly, Mary C. & Fernald, John G. & Jordà, Òscar & Nechio, Fernanda, 2014. "Labour Markets in the Global Financial Crisis: The Good, the Bad and the Ugly," National Institute Economic Review, National Institute of Economic and Social Research, vol. 228, pages 58-64, May.
    See citations under working paper version above.
  20. John G. Fernald & Eric Hsu & Mark M. Spiegel, 2014. "Has China’s economy become more “standard”?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Paul G. Egan & Anthony J. Leddin, 2016. "Examining Monetary Policy Transmission in the People's Republic of China–Structural Change Models with a Monetary Policy Index," Asian Development Review, MIT Press, vol. 33(1), pages 74-110, March.

  21. John G. Fernald & Charles I. Jones, 2014. "The Future of US Economic Growth," American Economic Review, American Economic Association, vol. 104(5), pages 44-49, May.
    See citations under working paper version above.
  22. Mary C. Daly & John G. Fernald & Òscar Jordà & Fernanda Nechio, 2014. "Interpreting deviations from Okun’s Law," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Elva Bova & Christina Kolerus & Sampawende Tapsoba, 2015. "A fiscal job? An analysis of fiscal policy and the labor market," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-17, December.
    2. Amy Y. Guisinger & Ruben Hernandez-Murillo & Michael T. Owyang & Tara M. Sinclair, 2015. "A State-Level Analysis of Okun's Law," Working Papers 2015-29, Federal Reserve Bank of St. Louis.
    3. Claudia Foroni & Francesco Furlanetto, 2022. "Explaining Deviations from Okun’s Law," Working Paper 2022/4, Norges Bank.
    4. Porras, María Sylvina & Martín-Román, Ángel L., 2017. "Self-employment and Okun’s Law relationship: the Spanish case," MPRA Paper 83292, University Library of Munich, Germany.
    5. Durech, Richard & Minea, Alexandru & Mustea, Lavinia & Slusna, Lubica, 2014. "Regional evidence on Okun's Law in Czech Republic and Slovakia," Economic Modelling, Elsevier, vol. 42(C), pages 57-65.
    6. Natsuki Arai, 2016. "Evaluating the Efficiency of the FOMC's New Economic Projections," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(5), pages 1019-1049, August.
    7. Bande, Roberto & Martín-Román, Ángel, 2018. "Regional differences in the Okun’s Relationship: New Evidence for Spain (1980-2015)," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 41, pages 137-165.
    8. Sánchez-Fung, José R., 2015. "Producto, desempleo y la Ley de Okun en la República Dominicana [Output, unemployment and Okun’s law in the Dominican Republic]," MPRA Paper 63656, University Library of Munich, Germany.
    9. Porras-Arena, M. Sylvina & Martín-Román, Ángel L., 2019. "Self-employment and the Okun's law," Economic Modelling, Elsevier, vol. 77(C), pages 253-265.
    10. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.
    11. J. Wang & John Fernald, 2016. "Why Has the Cyclicality of Productivity Changed? What Does It Mean?," 2016 Meeting Papers 1220, Society for Economic Dynamics.
    12. Milen V. Velev, 2014. "A Research on the Relationship between the Real Aggregate Output and the Unemployment Rate in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 58-91.
    13. Early Elias & Helen Irvin & Òscar Jordà, 2014. "Monetary policy when the spyglass is smudged," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

  23. Fernald, John G. & Spiegel, Mark M. & Swanson, Eric T., 2014. "Monetary policy effectiveness in China: Evidence from a FAVAR model," Journal of International Money and Finance, Elsevier, vol. 49(PA), pages 83-103.
    See citations under working paper version above.
  24. Mary C. Daly & John G. Fernald & Òscar Jordà & Fernanda Nechio, 2013. "Labor markets in the global financial crisis," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Michal Moszynski, 2016. "Institutional conditioning of the German labour market in the face of the global economic crisis 2008–2009," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 15(3), pages 371-383, September.
    2. Daly, Mary C. & Fernald, John G. & Jordà, Òscar & Nechio, Fernanda, 2014. "Labour Markets in the Global Financial Crisis: The Good, the Bad and the Ugly," National Institute Economic Review, National Institute of Economic and Social Research, vol. 228, pages 58-64, May.

  25. John G. Fernald & Israel Malkin & Mark M. Spiegel, 2013. "On the reliability of Chinese output figures," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue mar25.

    Cited by:

    1. Cross, Jamie & Nguyen, Bao H., 2017. "The relationship between global oil price shocks and China's output: A time-varying analysis," Energy Economics, Elsevier, vol. 62(C), pages 79-91.
    2. Feng, Shuaizhang & Hu, Yingyao & Moffitt, Robert, 2017. "Long run trends in unemployment and labor force participation in urban China," Journal of Comparative Economics, Elsevier, vol. 45(2), pages 304-324.
    3. Qing-yuan Sui, 2019. "China’s Economic Growth and International Capital Flows," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 15(1), pages 121-150, July.
    4. Fernald, John G. & Hsu, Eric & Spiegel, Mark M., 2021. "Is China fudging its GDP figures? Evidence from trading partner data," Journal of International Money and Finance, Elsevier, vol. 110(C).
    5. Anna Sznajderska, 2021. "Should we recalculate the level of spillover effects if the alternative GDP measures for China are correct?," Bank i Kredyt, Narodowy Bank Polski, vol. 52(5), pages 437-456.
    6. Carsten A. Holz, 2014. "The Quality of China’s GDP Statistics," a/ Working Papers Series 1403, Italian Association for the Study of Economic Asymmetries, Rome (Italy).
    7. Liu, Ping & James Hueng, C., 2017. "Measuring real business condition in China," China Economic Review, Elsevier, vol. 46(C), pages 261-274.
    8. Fernald, John G. & Hsu, Eric & Spiegel, Mark M., 2021. "Reprint: Is China fudging its GDP figures? Evidence from trading partner data," Journal of International Money and Finance, Elsevier, vol. 114(C).
    9. Camacho, Maximo & Dal Bianco, Marcos & Martinez-Martin, Jaime, 2015. "Toward a more reliable picture of the economic activity: An application to Argentina," Economics Letters, Elsevier, vol. 132(C), pages 129-132.
    10. Zhang, Jin & Li, Pujiang & Zhao, Guochang, 2018. "Is power generation really the gold measure of the Chinese economy? A conceptual and empirical assessment," Energy Policy, Elsevier, vol. 121(C), pages 211-216.

  26. John Fernald & Brent Neiman, 2011. "Growth Accounting with Misallocation: Or, Doing Less with More in Singapore," American Economic Journal: Macroeconomics, American Economic Association, vol. 3(2), pages 29-74, April.
    See citations under working paper version above.
  27. Titan Alon & John G. Fernald & Robert Inklaar & J. Christina Wang, 2011. "What is the value of bank output?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue may16.

    Cited by:

    1. Erwin Diewert & Dennis Fixler & Kimberly Zieschang, 2012. "Problems with the Measurement of Banking Services in a National Accounting Framework," Discussion Papers 2012-25, School of Economics, The University of New South Wales.

  28. John G. Fernald & Kyle Matoba, 2009. "Growth accounting, potential output, and the current recession," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue aug17.

    Cited by:

    1. Julia K. Thomas & Aubhik Khan, 2010. "Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity," 2010 Meeting Papers 801, Society for Economic Dynamics.
    2. Petrosky-Nadeau, Nicolas, 2013. "TFP during a credit crunch," Journal of Economic Theory, Elsevier, vol. 148(3), pages 1150-1178.
    3. Ambrogio Cesa-Bianchi & Emilio Fernández Corugedo, 2017. "Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation," IMF Working Papers 2017/211, International Monetary Fund.
    4. Lorenza Rossi & Emilio Zanetti Chini, 2017. "Firms' Dynamics and Business Cycle: New Disaggregated Data," DEM Working Papers Series 141, University of Pavia, Department of Economics and Management.
    5. Cesa-Bianchi, Ambrogio & Fernandez-Corugedo, Emilio, 2014. "Uncertainty in a model with credit frictions," Bank of England working papers 496, Bank of England.

  29. Susanto Basu & John G. Fernald, 2009. "What do we know (and not know) about potential output?," Review, Federal Reserve Bank of St. Louis, vol. 91(Jul), pages 187-214.
    See citations under working paper version above.
  30. John G. Fernald & David Thipphavong & Bharat Trehan, 2007. "Will fast productivity growth persist?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue apr6.

    Cited by:

    1. Janet L. Yellen, 2007. "The U.S. economy and monetary policy," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue jul13.
    2. James Feyrer, 2009. "The US Productivity Slowdown, the Baby Boom, and Management Quality," NBER Working Papers 15474, National Bureau of Economic Research, Inc.
    3. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.

  31. Susanto Basu & John Fernald, 2007. "Information and Communications Technology as a General‐Purpose Technology: Evidence from US Industry Data," German Economic Review, Verein für Socialpolitik, vol. 8(2), pages 146-173, May.
    See citations under working paper version above.
  32. Fernald, John G., 2007. "Trend breaks, long-run restrictions, and contractionary technology improvements," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2467-2485, November.

    Cited by:

    1. Tambalotti, Andrea & Primiceri, Giorgio & Justiniano, Alejandro, 2008. "Investment Shocks and Business Cycles," CEPR Discussion Papers 6739, C.E.P.R. Discussion Papers.
    2. Marcos Sanso-Navarro, 2011. "Broken trend stationarity of hours worked," Post-Print hal-00712742, HAL.
    3. Kim, Soyoung & Lee, Jaewoo, 2015. "Imbalances over the Pacific," Journal of Macroeconomics, Elsevier, vol. 45(C), pages 173-185.
    4. Ghent, Andra C., 2009. "Comparing DSGE-VAR forecasting models: How big are the differences?," Journal of Economic Dynamics and Control, Elsevier, vol. 33(4), pages 864-882, April.
    5. Moura, Alban, 2021. "Trend breaks and the long-run implications of investment-specific technological progress," MPRA Paper 112350, University Library of Munich, Germany.
    6. Jordi Gali & Luca Gambetti, 2008. "On the Sources of the Great Moderation," NBER Working Papers 14171, National Bureau of Economic Research, Inc.
    7. Patrick F»Ve & Julien Matheron & Jean-Guillaume Sahuc, 2010. "Disinflation Shocks in the Eurozone: A DSGE Perspective," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(2-3), pages 289-323, March.
    8. Cantore, Cristiano & Ferroni, Filippo & León-Ledesma, Miguel A., 2017. "The dynamics of hours worked and technology," Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 67-82.
    9. Mumtaz, Haroon & Zanetti, Francesco, 2012. "Neutral technology shocks and employment dynamics: results based on an RBC identification scheme," Bank of England working papers 453, Bank of England.
    10. Michelle Alexopoulos & Jon Cohen, 2016. "The Medium Is the Measure: Technical Change and Employment, 1909—1949," The Review of Economics and Statistics, MIT Press, vol. 98(4), pages 792-810, October.
    11. van Rens, Thijs & Balleer, Almut, 2011. "Skill-Biased Technological Change and the Business Cycle," CEPR Discussion Papers 8410, C.E.P.R. Discussion Papers.
    12. Mikael Carlsson & Andreas Westermark, 2011. "The new keynesian phillips curve and staggered price and wage determination in a model with firm-specific labor," Post-Print hal-00781342, HAL.
    13. Pierre Perron & Yohei Yamamoto, 2011. "Estimating and Testing Multiple Structural Changes in Linear Models Using Band Spectral Regressions," Boston University - Department of Economics - Working Papers Series WP2011-049, Boston University - Department of Economics.
    14. Imane El Ouadghiri & Remzi Uctum, 2020. "Macroeconomic expectations and time varying heterogeneity: Evidence from individual survey data," Post-Print hal-03319091, HAL.
    15. Steffen Elstner & Lars P. Feld & Christoph M. Schmidt, 2018. "The German Productivity Paradox - Facts and Explanations," CESifo Working Paper Series 7231, CESifo.
    16. Alison Pearson & J. Christina Wang, 2014. "Productivity in the slow lane?: the role of information and communications technology," Current Policy Perspectives 14-10, Federal Reserve Bank of Boston.
    17. Ivan Mendieta-Muñoz, 2017. "Is Potential Output Growth Falling?," Working Paper Series, Department of Economics, University of Utah 2017_03, University of Utah, Department of Economics.
    18. Álvarez, Luis J. & Gómez-Loscos, Ana, 2018. "A menu on output gap estimation methods," Journal of Policy Modeling, Elsevier, vol. 40(4), pages 827-850.
    19. Matthias Gubler & Matthias S. Hertweck, 2013. "Commodity Price Shocks and the Business Cycle: Structural Evidence for the U.S," Working Papers 2013-05, Swiss National Bank.
    20. Almut Balleer, 2012. "New evidence, old puzzles: Technology shocks and labor market dynamics," Quantitative Economics, Econometric Society, vol. 3(3), pages 363-392, November.
    21. Moura, Alban, 2020. "Total factor productivity and the measurement of neutral technology," MPRA Paper 99357, University Library of Munich, Germany.
    22. Whelan, Karl T., 2009. "Technology shocks and hours worked: Checking for robust conclusions," Journal of Macroeconomics, Elsevier, vol. 31(2), pages 231-239, June.
    23. Haefke, Christian & van Rens, Thijs & Sonntag, Marcus, 2012. "Wage Rigidity and Job Creation," CEPR Discussion Papers 8968, C.E.P.R. Discussion Papers.
    24. Nuno Alves & Jose Brandao de Brito & Sandra Gomes & Joao Sousa, 2009. "The transmission of monetary policy and technology shocks in the euro area," Applied Economics, Taylor & Francis Journals, vol. 43(8), pages 917-927.
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    76. Nadav Ben Zeev & Hashmat Khan, 2012. "Investment-Specific News Shocks and U.S. Business Cycles," Carleton Economic Papers 12-05, Carleton University, Department of Economics, revised 25 Feb 2013.
    77. Lovcha, Yuliya & Pérez Laborda, Àlex, 2016. "The Variance-Frequency Decomposition as an Instrument for VAR Identification: an Application to Technology Shocks," Working Papers 2072/261537, Universitat Rovira i Virgili, Department of Economics.
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    81. Tyler Muir & Andrea Eisfeldt, 2012. "The Joint Dynamics of Internal and External Finance," 2012 Meeting Papers 842, Society for Economic Dynamics.
    82. Fabio Canova & David Lopez-Salido & Claudio Michelacci, 2010. "The effects of technology shocks on hours and output: a robustness analysis," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(5), pages 755-773.
    83. Francesco Zanetti & Haroon Mumtaz, 2014. "Labor Market Dynamics: a Time-varying Analysis," Economics Series Working Papers 728, University of Oxford, Department of Economics.
    84. Awaworyi-Churchill, Sefa & Inekwe, John & Ivanovski, Kris & Smyth, Russell, 2022. "Breaks, trends and correlations in commodity prices in the very long-run," Energy Economics, Elsevier, vol. 108(C).
    85. Colombo, Emilio & Onnis, Luisanna & Tirelli, Patrizio, 2016. "Shadow economies at times of banking crises: Empirics and theory," Journal of Banking & Finance, Elsevier, vol. 62(C), pages 180-190.
    86. Naohisa Hirakata & Nao Sudo, 2009. "Accounting for Oil Price Variation and Weakening Impact of the Oil Crisis," IMES Discussion Paper Series 09-E-01, Institute for Monetary and Economic Studies, Bank of Japan.
    87. Ross Doppelt & Keith O'Hara, 2018. "Bayesian Estimation of Fractionally Integrated Vector Autoregressions and an Application to Identified Technology Shocks," 2018 Meeting Papers 1212, Society for Economic Dynamics.
    88. Nucci, Francesco & Riggi, Marianna, 2013. "Performance pay and changes in U.S. labor market dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2796-2813.
    89. Khan Hashmat & Tsoukalas John, 2013. "Effects of productivity shocks on hours worked: UK evidence," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 549-579, September.
    90. Alok Johri & Muhebullah Karimzada, 2015. "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle : A Bayesian Evaluation," Department of Economics Working Papers 2015-11, McMaster University.
    91. Alexander Murray, 2017. "What Explains the Post-2004 U.S.Productivity Slowdown?," CSLS Research Reports 2017-05, Centre for the Study of Living Standards.
    92. Marianna Riggi, 2010. "Nominal And Real Wage Rigidities In New Keynesian Models: A Critical Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 24(3), pages 539-572, July.
    93. Sen Zhang & Yangyang Ji & Tianye Lin, 2019. "The relative price of investment goods, the price level, and the "slope puzzle"," CEMA Working Papers 609, China Economics and Management Academy, Central University of Finance and Economics.
    94. McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Will the true labor share stand up?," Working Paper Series 1806, European Central Bank.
    95. Riccardo DiCecio & Michael T. Owyang, 2010. "Identifying technology shocks in the frequency domain," Working Papers 2010-025, Federal Reserve Bank of St. Louis.
    96. David Harvey & Neil Kellard & Jakob Madsen & Mark Wohar, 2012. "Trends and Cycles in Real Commodity Prices: 1650-2010," CEH Discussion Papers 010, Centre for Economic History, Research School of Economics, Australian National University.
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  33. Miles S. Kimball & John G. Fernald & Susanto Basu, 2006. "Are Technology Improvements Contractionary?," American Economic Review, American Economic Association, vol. 96(5), pages 1418-1448, December.
    See citations under working paper version above.
  34. John G. Fernald & Bharat Trehan, 2005. "Why hasn't the jump in oil prices led to a recession?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue nov18.

    Cited by:

    1. Thorbecke, Willem, 2019. "How oil prices affect East and Southeast Asian economies: Evidence from financial markets and implications for energy security," Energy Policy, Elsevier, vol. 128(C), pages 628-638.
    2. Naohisa Hirakata & Nao Sudo, 2009. "Accounting for Oil Price Variation and Weakening Impact of the Oil Crisis," IMES Discussion Paper Series 09-E-01, Institute for Monetary and Economic Studies, Bank of Japan.

  35. John G. Fernald & Stephanie Wang, 2005. "Shifting data: a challenge for monetary policymakers," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue dec9.

    Cited by:

    1. Pierre-Daniel G. Sarte, 2010. "Learning about informational rigidities from sectoral data and diffusion indices," Working Paper 10-09, Federal Reserve Bank of Richmond.

  36. John G. Fernald & Prakash Loungani, 2004. "Comrades or competitors? on trade relationships between China and emerging Asia," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Mar.

    Cited by:

    1. Guillaume Gaulier & Françoise Lemoine & Deniz Ünal, 2006. "China’s Emergence and the Reorganisation of Trade Flows in Asia," Working Papers 2006-05, CEPII research center.
    2. Broome, Simon & Morley, Bruce, 2004. "Stock prices as a leading indicator of the East Asian financial crisis," Journal of Asian Economics, Elsevier, vol. 15(1), pages 189-197, February.
    3. Jianhong Zhang & Arjen Witteloostuijn, 2004. "Economic openness and trade linkages of China: An empirical study of the determinants of chinese trade intensities from 1993 to 1999," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 140(2), pages 254-281, June.
    4. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2006. "Flying geese or sitting ducks: China’s impact on the trading fortunes of other Asian economies," International Finance Discussion Papers 887, Board of Governors of the Federal Reserve System (U.S.).
    5. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2003. "China and emerging Asia: comrades or competitors?," International Finance Discussion Papers 789, Board of Governors of the Federal Reserve System (U.S.).
    6. Guillaume GAULIER & Francoise LEMOINE & Deniz ÜNAL-KESENCI, 2004. "CHINA's INTEGRATION IN ASIAN PRODUCTION NETWORKS AND ITS IMPLICATIONS," Discussion papers 04033., Research Institute of Economy, Trade and Industry (RIETI).
    7. Kumakura, Masanaga & Kuroko, Masato, 2007. "China's Impact on the Exports of Other Asian Countries: A Note," IDE Discussion Papers 131, Institute of Developing Economies, Japan External Trade Organization(JETRO).

  37. John G. Fernald & Shanthi Ramnath, 2004. "The acceleration in U.S. total productivity after 1995: the role of information technology," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 28(Q I), pages 52-67.

    Cited by:

    1. Alexandre Mas, 2008. "Labour Unrest and the Quality of Production: Evidence from the Construction Equipment Resale Market," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(1), pages 229-258.
    2. Schiffbauer, Marc, 2008. "Catching Up or Falling Behind? The Effect of Infrastructure Capital on Technology Adoption in Transition Economies," Papers DYNREG27, Economic and Social Research Institute (ESRI).
    3. Florina-Cristina Badarau & Grégory Levieuge, 2011. "Which policy-mix to mitigate the effects of financial heterogeneity in a monetary union?," Working Papers hal-00641995, HAL.
    4. PETER McADAM & ALPO WILLMAN, 2013. "Technology, Utilization, and Inflation: What Drives the New Keynesian Phillips Curve?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(8), pages 1547-1579, December.
    5. Ali YOUSEFI & Sadegh KHALILIAN & Mohammad Hadi HAJIAN, 2010. "The Role of Water Sector in Iranian Economy: A CGE Modeling Approach," EcoMod2010 259600173, EcoMod.
    6. Miguel A León-Ledesma & Peter McAdam & Alpo Willman, 2012. "Non-Balanced Growth and Production Technology Estimation," Studies in Economics 1204, School of Economics, University of Kent.
    7. McAdam, Peter & Willman, Alpo & León-Ledesma, Miguel A., 2010. "In dubio pro CES - Supply estimation with mis-specified technical change," Working Paper Series 1175, European Central Bank.
    8. Loreto Lira & Magdalena Ugarte & Rodrigo Vergara., 2008. "Prices and Market Structure: An Empirical Analysis of the Supermarket Industry in Chile," Documentos de Trabajo 346, Instituto de Economia. Pontificia Universidad Católica de Chile..
    9. Schiffbauer, Marc, 2007. "Calling for innovations - infrastructure and sources of growth," Papers DYNREG18, Economic and Social Research Institute (ESRI).
    10. Malik Shahzad Shabbir & Nusrat Yaqoob, 2019. "The impact of technological advancement on total factor productivity of cotton: a comparative analysis between Pakistan and India," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-16, December.
    11. Antonio Paradiso, 2023. "A reconstruction of the time series of global technology from 5500 BC to the 2000s," Working Papers 2023:12, Department of Economics, University of Venice "Ca' Foscari".

  38. John G. Fernald & Shanthi Ramnath, 2003. "Information technology and the U.S. productivity acceleration," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Sep.

    Cited by:

    1. Gilbert Cette & John Fernald & Benoît Mojon, 2016. "The pre-Great Recession slowdown in productivity," Post-Print hal-01725475, HAL.
    2. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.

  39. Basu, Susanto & Fernald, John G., 2002. "Aggregate productivity and aggregate technology," European Economic Review, Elsevier, vol. 46(6), pages 963-991, June.
    See citations under working paper version above.
  40. John Fernald & John H. Rogers, 2002. "Puzzles In The Chinese Stock Market," The Review of Economics and Statistics, MIT Press, vol. 84(3), pages 416-432, August.
    See citations under working paper version above.
  41. Alan G. Ahearne & John G. Fernald & Prakash Loungani, 2001. "Countering contagion: Does China's experience offer a blueprint?," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q IV), pages 38-52.

    Cited by:

    1. Zhang, Yin & Wan, Guanghua, 2007. "What accounts for China's trade balance dynamics?," Journal of Policy Modeling, Elsevier, vol. 29(6), pages 821-837.
    2. Zhang, Yin & Wan, Guanghua, 2008. "Correcting China's trade imbalance: Monetary means will not suffice," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 505-521.
    3. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2003. "China and emerging Asia: comrades or competitors?," International Finance Discussion Papers 789, Board of Governors of the Federal Reserve System (U.S.).

  42. Basu, Susanto & Fernald, John G. & Shapiro, Matthew D., 2001. "Productivity growth in the 1990s: technology, utilization, or adjustment?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 55(1), pages 117-165, December.
    See citations under working paper version above.
  43. John G. Fernald & Victoria G. Greenfield, 2001. "The fall and rise of the global economy," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Apr.

    Cited by:

    1. Anne O. Krueger, 2003. "Dismantling Barriers and Building Safeguards: achieving prosperity in an age of globalisation," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 17(2), pages 1-13, November.

  44. Fernald, John & Edison, Hali & Loungani, Prakash, 1999. "Was China the first domino? Assessing links between China and other Asian economies," Journal of International Money and Finance, Elsevier, vol. 18(4), pages 515-535, August.

    Cited by:

    1. Cheung, Yin-Wong & Chinn, Menzie D. & Qian, XingWang, 2012. "Are Chinese trade flows different?," Journal of International Money and Finance, Elsevier, vol. 31(8), pages 2127-2146.
    2. Cheung, Yin-Wong & Chinn, Menzie David & Fujii, Eiji, 2003. "China, Hong Kong, and Taiwan: A Quantitative Assessment of Real and Financial Integration," Santa Cruz Department of Economics, Working Paper Series qt13d9m8jv, Department of Economics, UC Santa Cruz.
    3. Khan, Saleheen & Islam, Faridul, 2008. "Was China the first domino? Revisiting the Asian currency crisis," Economics Letters, Elsevier, vol. 98(3), pages 275-281, March.
    4. Menzie Chinn, 2014. "Global supply chains and macroeconomic relationships in Asia," Chapters, in: Benno Ferrarini & David Hummels (ed.), Asia and Global Production Networks, chapter 8, pages 249-286, Edward Elgar Publishing.
    5. Grossmann, Axel & Ngo, Thanh & Simpson, Marc W., 2017. "The asymmetric impact of currency purchasing power imparities on ADR mispricing," Journal of Multinational Financial Management, Elsevier, vol. 42, pages 74-94.
    6. MD. Chinn, 2000. "Three measures of East Asian currency evaluation," Contemporary Economic Policy, Western Economic Association International, vol. 18(2), pages 205-214, April.
    7. Cheung, Yin-Wong & Chinn, Menzie D. & Fujii, Eiji, 2006. "The Chinese economies in global context: The integration process and its determinants," Journal of the Japanese and International Economies, Elsevier, vol. 20(1), pages 128-153, March.
    8. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2009. "The Illusion of Precision and the Role of the Renminbi in Regional Integration," Chapters, in: Koichi Hamada & Beate Reszat & Ulrich Volz (ed.), Towards Monetary and Financial Integration in East Asia, chapter 13, Edward Elgar Publishing.
    9. William Jefferies, 2021. "China’s Accession to the WTO and the Collapse That Never Was," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(2), pages 300-319, June.
    10. Chakrabarti, Rajesh & Roll, Richard, 2002. "East Asia and Europe during the 1997 Asian collapse: a clinical study of a financial crisis," Journal of Financial Markets, Elsevier, vol. 5(1), pages 1-30, January.
    11. Corsetti, Giancarlo & Pesenti, Paolo & Roubini, Nouriel, 1999. "Paper tigers?: A model of the Asian crisis," European Economic Review, Elsevier, vol. 43(7), pages 1211-1236, June.
    12. Yin-wong Cheung & Menzie D. Chinn & Eiji Fujii, 2007. "The Overvaluation of Renminbi Undervaluation," Working Papers 112007, Hong Kong Institute for Monetary Research.
    13. Das, Dilip K., 2009. "The evolution of renminbi yuan and the protracted debate on its undervaluation: An integrated review," Journal of Asian Economics, Elsevier, vol. 20(5), pages 570-579, September.
    14. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2010. "China's Current Account and Exchange Rate," NBER Chapters, in: China's Growing Role in World Trade, pages 231-271, National Bureau of Economic Research, Inc.
    15. Kentaro IWATSUBO & Shunji KARIKOMI, 2006. "China’s Reform on Exchange Rate System and International Trade between Japan and China," Trade Working Papers 21912, East Asian Bureau of Economic Research.
    16. David Greenaway & Aruneema Mahabir & Chris Milner, 2010. "Has China Displaced Other Asian Countries’ Exports?," Palgrave Macmillan Books, in: David Greenaway & Chris Milner & Shujie Yao (ed.), China and the World Economy, chapter 4, pages 60-90, Palgrave Macmillan.
    17. Rupa Duttagupta & Antonio Spilimbergo, 2004. "What Happened to Asian Exports During the Crisis?," IMF Staff Papers, Palgrave Macmillan, vol. 51(1), pages 1-4.
    18. Coudert, Virginie & Couharde, Cecile, 2007. "Real equilibrium exchange rate in China is the renminbi undervalued?," Journal of Asian Economics, Elsevier, vol. 18(4), pages 568-594, August.
    19. John G. Fernald & Eric Hsu & Mark M. Spiegel, 2015. "Is China fudging its figures? Evidence from trading partner data," Working Paper Series 2015-12, Federal Reserve Bank of San Francisco.
    20. Tze-Haw Chan & Hooi Hooi Lean & Chee-Wooi Hooy, 2014. "A macro assessment of China effects on Malaysian exports and trade balances," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing Limited, vol. 7(1), pages 18-37, January.
    21. Fernald, John G. & Hsu, Eric & Spiegel, Mark M., 2021. "Is China fudging its GDP figures? Evidence from trading partner data," Journal of International Money and Finance, Elsevier, vol. 110(C).
    22. Prema-chandra Athukorala, 2007. "The Rise of China and East Asian Export Performance: Is the Crowding-out Fear Warranted?," Departmental Working Papers 2007-10, The Australian National University, Arndt-Corden Department of Economics.
    23. Bussiere, Matthieu & Fratzscher, Marcel, 2006. "Towards a new early warning system of financial crises," Journal of International Money and Finance, Elsevier, vol. 25(6), pages 953-973, October.
    24. Ping HUA, 2004. "Compétitivité-prix des exportations chinoises sur les marchés des pays industrialisés," Working Papers 200417, CERDI.
    25. Hongbing Li & Hongbo Cai & Suparna Chakraborty, 2019. "Market Access, Labor Mobility, and the Wage Skill Premium: New Evidence from Chinese Cities," Open Economies Review, Springer, vol. 30(5), pages 947-973, November.
    26. Ronald McKinnon & Gunther Schnabl, 2004. "The Return to Soft Dollar Pegging in East Asia. Mitigating Conflicted Virtue," International Finance 0406007, University Library of Munich, Germany, revised 07 Jul 2004.
    27. Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler, 2003. "China and emerging Asia: comrades or competitors?," International Finance Discussion Papers 789, Board of Governors of the Federal Reserve System (U.S.).
    28. Mr. Joong S Kang & Wei Liao, 2016. "Chinese Imports: What’s Behind the Slowdown?," IMF Working Papers 2016/106, International Monetary Fund.
    29. Mónica Lylián Parra T., 2001. "Evidencia de contagio en la volatilidad de la tasa de interés en Colombia," Coyuntura Económica, Fedesarrollo, June.
    30. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2008. "Pitfalls in Measuring Exchange Rate Misalignment: The Yuan and Other Currencies," NBER Working Papers 14168, National Bureau of Economic Research, Inc.
    31. Gerlach-Kristen, Petra, 2009. "Business cycle and inflation synchronisation in Mainland China and Hong Kong," International Review of Economics & Finance, Elsevier, vol. 18(3), pages 404-418, June.
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    33. Yin-Wong Cheung & Menzie Chinn & Eiji Fujii, 2009. "Pitfalls in Measuring Exchange Rate Misalignment," Open Economies Review, Springer, vol. 20(2), pages 183-206, April.
    34. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2010. "Measuring Renminbi Misalignment: Where Do We Stand?," Working Papers 242010, Hong Kong Institute for Monetary Research.
    35. Eichler, Stefan, 2011. "Exchange rate expectations and the pricing of Chinese cross-listed stocks," Journal of Banking & Finance, Elsevier, vol. 35(2), pages 443-455, February.
    36. Anita Doraisami, 2004. "Trade Causes of the Asian Crisis: The Malaysian Experience," The World Economy, Wiley Blackwell, vol. 27(5), pages 715-725, May.
    37. Hooy, Chee-Wooi & Siong-Hook, Law & Tze-Haw, Chan, 2015. "The impact of the Renminbi real exchange rate on ASEAN disaggregated exports to China," Economic Modelling, Elsevier, vol. 47(C), pages 253-259.
    38. Fernald, John G. & Hsu, Eric & Spiegel, Mark M., 2021. "Reprint: Is China fudging its GDP figures? Evidence from trading partner data," Journal of International Money and Finance, Elsevier, vol. 114(C).
    39. Anita Daraisami, 2004. "Export growth slowdown and currency crisis: the Malaysian experience," Applied Economics, Taylor & Francis Journals, vol. 36(17), pages 1947-1957.

  45. John G. Fernald, 1999. "Roads to Prosperity? Assessing the Link between Public Capital and Productivity," American Economic Review, American Economic Association, vol. 89(3), pages 619-638, June.
    See citations under working paper version above.
  46. Basu, Susanto & Fernald, John G, 1997. "Returns to Scale in U.S. Production: Estimates and Implications," Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 249-283, April.
    See citations under working paper version above.
  47. Basu, Susanto & Fernald, John G., 1995. "Are apparent productive spillovers a figment of specification error?," Journal of Monetary Economics, Elsevier, vol. 36(1), pages 165-188, August.
    See citations under working paper version above.

Chapters

  1. Canyon Bosler & Mary C. Daly & John G. Fernald & Bart Hobijn, 2017. "The Outlook for US Labor-Quality Growth," NBER Chapters, in: Education, Skills, and Technical Change: Implications for Future US GDP Growth, pages 61-110, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  2. John G. Fernald, 2014. "Productivity and Potential Output before, during, and after the Great Recession," NBER Chapters, in: NBER Macroeconomics Annual 2014, Volume 29, pages 1-51, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  3. J. Christina Wang & Susanto Basu & John G. Fernald, 2009. "A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output," NBER Chapters, in: Price Index Concepts and Measurement, pages 273-320, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  4. Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2004. "The Case of the Missing Productivity Growth, or Does Information Technology Explain Why Productivity Accelerated in the United States but Not in the United Kingdom?," NBER Chapters, in: NBER Macroeconomics Annual 2003, Volume 18, pages 9-82, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  5. Susanto Basu & John Fernald, 2001. "Why Is Productivity Procyclical? Why Do We Care?," NBER Chapters, in: New Developments in Productivity Analysis, pages 225-302, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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