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sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data …, we document the size of the negative effect that structural change has exerted onto productivity growth over long time … structural change may have on future productivity growth. This model generates structural change through both price and income …
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This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …
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explain most of the well-known differences in aggregate growth rates of labour productivity and employment across these … productivity and capital, the paper analyses service sector growth in detail. It argues that a careful consideration of the forces … of long-run growth may help to better explain differences in employment and productivity growth, in particular if …
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This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across … reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and … payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term …
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