the growth in labor. If GDP is divided by labor, productivity growth appears to have been slower than in peers. This … chapter discusses both exogenous and endogenous factors behind the disappointing productivity growth in the Netherlands and … derives policy implications …

, population aging and shifts in global demand provide headwinds for future growth and Korea now faces the effects of COVID-19 on … rigidities interact with shifts in demand and supply patterns, lowering investment and labor force participation. At the same … time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …

former Yugoslav Republic of Macedonia. At first glance, the stylized facts-low labor productivity growth and a trend real …This paper seeks to investigate the transmission mechanisms linking productivity to the real exchange rate in the …

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 …

, we find that higher labor productivity tends to lead to appreciation of the real exchange rate. Contrary to the …We revisit the time-honored link between productivity and the real exchange rate. Consistent with the traditional view … traditional view, however, we find that the positive productivity effect is transmitted through the real exchange rate based on …

How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial … sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm … performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the …

Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during … indicate that sectors further behind the technological frontier experience faster productivity growth and that spending on … of convergence. Conversely, TFP growth is negatively related to some key labor market variables, namely the replacement …

This paper investigates the impact of structural reforms on productivity growth. A panel analysis of 20 OECD countries … finds that the impact of structural reforms on productivity growth may be weak or negative in the short run, possibly due to … run, however, structural reforms are found to have significantly positive effects on productivity growth …