productivity growth in the tradable goods sector in Australia, New Zealand, and their major trading partners accounts for a …

indicate that declines in factor inputs and productivity were both important determinants of the output fall. The contribution … of the productivity drop was critical, but smaller than previously reported. Possible causes of the reduction in … productivity are assessed using data on sub-national regions within Russia. Privatization and entry of private firms are found to …

How does access to credit impact consumption volatility? Theory and evidence from advanced economies suggests that … greater household access to finance smooths consumption. Evidence from emerging markets, where consumption is usually more … volatile than income, indicates that financial reform further increases the volatility of consumption relative to output. We …

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 man …

supply factors such as productivity gains, materialized after long-fought restructuring efforts during the lost decade …

-level productivity, focusing on the case of Estonia. We contribute to the literature in two important respects: (i) we look explicitly at …