that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …

the catch-up in labor utilization productivity and use independent demographic projections and other considerations to … make reasonable assumptions about labor productivity and utilization growth in the future. It uses a simple growth …-accounting framework, and discusses the trends in labor utilization and productivity per hour in the past. The paper also describes the …

This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …

, highlighting the dichotomy between productivity-driven long-run growth and short-run deviations from the underlying growth …