This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms … significantly reduces the labor productivity of private sector firms. The results suggest that raising public sector efficiency … across Italy's provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces …

We reconsider the macroeconomic implications of public investment efficiency, defined as the ratio between the actual … capital/output ratio. The implication is that efficiency and scarcity of public capital are likely to be inversely related … across countries. It follows that both efficiency and the rate of return need to be considered together in assessing the …

, goods market efficiency, higher education, and innovation would permanently boost productivity growth by a total of 1 …Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural …

is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in many … countries there is scope for further expansion of this sector. Third, the small size and the fact that most of these countries …

that China's productivity convergence remains at an early stage, with the industrial sector more advanced than services …

provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the … specific channels through which high debt affects productivity growth and the allocation of resources in Jamaica, the study … excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …

Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …