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Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This … paper documents sector-level productivity patterns across advanced economies prior to the crisis and examines the role of … driving productivity differences across sectors and countries. Since productivity payoffs of reforms evolve over time, we also …
Persistent link: https://www.econbiz.de/10011245883
This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States. …
Persistent link: https://www.econbiz.de/10005248234
relief, would depend on a recipient country's initial economic conditions and level of total factor productivity. …
Persistent link: https://www.econbiz.de/10005248319
collapsing investment and shrinking employment. Sharp declines in productivity, reflecting in part transition-related factors …
Persistent link: https://www.econbiz.de/10005263697
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It …
Persistent link: https://www.econbiz.de/10005264046
used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. …
Persistent link: https://www.econbiz.de/10005264099
Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post- 1995 improvement in...
Persistent link: https://www.econbiz.de/10005264160
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10009650613
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth … decline in output is mainly accounted for by a collapse in productivity; in the medium term, employment and capital are also …
Persistent link: https://www.econbiz.de/10008727814
This Selected Issues paper attempts to analyze the end-point problem and improve the quality of potential GDP estimates for Germany. It projects that Germany’s potential GDP growth will slow over the coming decade, mainly because of declining labor input. The paper focuses on a long-term...
Persistent link: https://www.econbiz.de/10005825173