Editor's note: In 2025, China's R&D investment accounted for 2.8 percent of its GDP, which was higher than the average share of R&D of countries of the Organisation for Economic Co-operation and ...
The assumption behind popular data on national capital stocks, and therefore total factor productivity, is that countries were in a steady state in the first year that investment data became available ...
Total factor productivity (TFP) growth began slowing in the United States in the mid-2000s, before the Great Recession. To many, the main culprit is the fading positive impact of the information ...
This site presents a real-time, quarterly series on total factor productivity (TFP) for the U.S. business sector, adjusted for variations in factor utilization – labor effort and capital’s workweek.
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