The secret ingredient in economic growth is what economists call total factor productivity. You can always increase output by putting more people or more machines to work, but that consumes real ...

We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations ...

The Trump administration has yet to produce a full budget, as required by law, but that is not stopping some top officials from opining about the future course of federal deficits and debt. In ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Belgium’s total factor productivity (TFP) growth slowdown since the late 1990s has been worse than peers’ despite ...

Item: US productivity slumped for a second-straight quarter as the economy shrank, driving another surge in labor costs that risks keeping inflation elevated and further complicates the Federal ...

The 2019 Global Agricultural Productivity Report, "Productivity Growth for Sustainable Diets, and More," released today by Virginia Tech's College of Agriculture and Life Sciences, shows agricultural ...