The finance ministry has warned about the ongoing decline in capital productivity and stagnating total factor productivity (TFP), signaling a potential crisis for the country’s economic growth and ...

REDUCING CAPITAL EXPENDITURE (capex) is a natural response to low oil prices, so it is not surprising that the industry has deferred or cancelled $200 billion worth of planned investments over the ...

This paper explores the relationship between capital composition and productivity using a unique and highly detailed data set on firm-level investment in the U.S. We develop a succinct methodology for ...

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Labor productivity—output per hour worked—drives long-run economic growth. Business leaders looking beyond the next two years will find that their companies’ fortunes are tied to the economy’s growth ...

Even though everyone talks about productivity as though it’s purely a question of political will for the government to “fix” it, it’s very complicated to do so (especially while everyone is using it ...