multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross … productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing …

to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …

hypotheses about economic policies and other factors influencing factor productivity developments. A final section provides a …

developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for … capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by …

This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity …) and multi-factor productivity. We focus on the effects of policies aimed at strengthening private governance (e.g. through …-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to …

This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on … micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. i) Changes … in productivity in individual firms at a given size (relative to market). And, ii) a reallocation process due to …

This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …

We analyse the impact of innovation activity and product and labour market institutions on multi-factor productivity in … convergence in productivity levels within most industries across OECD countries. Convergence is however stronger in services than … of innovation activity (proxied by R&D expenditure) on productivity depends on market structure and technological …

Over the past decades, productivity growth and technology diffusion have slowed down, and business dynamism has …

The longer run consequences of the pandemic will partly hinge on its impact on high productivity firms, and the ongoing … process of labour reallocation from low to high productivity firms. While Schumpeter (1939) proposed that recessions can … reallocation) raises questions about whether job reallocation remained productivity-enhancing. Using novel, near-real-time data for …