Productivity growth at the sectoral level: measurement and projections

Global simulation models are increasingly used to assess future scenarios and the impact of policies related to food security, land use and climate change. A crucial element in these studies are assumptions on productivity change and technical progress, the key drivers of long-run economic growth and structural change. However, despite their importance, these assumptions are often simplistic or rather ad hoc. This paper addresses this issue by presenting sector and country specific projections for labour productivity till the year 2050 for seven economic regions in the world.