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What drove the UK productivity slowdown post-GFC, and how is the post-Covid recovery expected to differ? This paper … traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation …, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by …
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As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth …
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offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of … sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future …
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