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This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across … reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and … payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term …
Persistent link: https://www.econbiz.de/10011436763
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 …
Persistent link: https://www.econbiz.de/10014400056
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 …
Persistent link: https://www.econbiz.de/10014399859
difference is in labor productivity differentials between services and the rest of the economy. Specifically, the gap between … labor productivity in the rest of the economy and services has widened across China's provinces as they have moved from low …'s provinces suggests that credit and labor market frictions have inhibited labor productivity growth in services relatively more …
Persistent link: https://www.econbiz.de/10012667480
We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in advanced economies. This contribution is typically small, except in the United States. We explore two possible explanations: the high initial manufacturing wage premium and the high...
Persistent link: https://www.econbiz.de/10012103689
Italy's labor productivity in market services has declined since 2000, underperforming manufacturing and peer European …
Persistent link: https://www.econbiz.de/10012177630
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 …
Persistent link: https://www.econbiz.de/10012300638
environment for innovation and entrepreneurship to draw the economy into higher productivity activities …
Persistent link: https://www.econbiz.de/10011374731
The services sector is increasingly important for the euro area economy, but productivity growth in the sector has …
Persistent link: https://www.econbiz.de/10012154992
This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 … has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …
Persistent link: https://www.econbiz.de/10014401505