We introduce two new indexes of labour productivity growth. Both indexes are intended to capture the shift in the short … to the U.S. industry data of the years 1970–2005, we compare newly proposed index of labour productivity growth with the … growth of average labour productivity over periods and across industries. We revisit the hypothesis of Baumol’s disease …

From a neo-Kaldorian perspective, this paper seeks to establish the concepts of demand and productivity regimes in an … Keynesian multiplier is derived for an open economy, while the productivity regime is built in terms of disaggregated Kaldor … of demand patterns, while being affected by differential rates of productivity growth in different sectors of the economy …

approach, we assert that the social compromise between capital and labour is founded on the redistribution of the productivity … productivity growth. We think that describing the dynamics of productivity means understanding the main features of the …, increasing productivity - via knowledge and network externalities - output and employment). As a result, we first point out the …

, the sector also contributed in an indirect way to economic growth by generating knowledge and productivity spill-overs for … characterised by a relatively weak productivity growth. Does this contribute to growth stagnation tendencies à la the so …-called “Baumol disease”? The paper argues that there is no reason to expect this as long as the productivity and growth spill …

We examine the relationship between growth in labor productivity and poverty reduction through the lens of changes in … productivity sector is an important channel through which increases in aggregate productivity translate into poverty reduction. We … also find that the importance of this channel of productivity growth, termed structural change by recent literature, varies …

This paper presents the results of long run labour productivity and GDP growth rate projections (until 2050) for each … employment and labour productivity. These base case projections reflect the working assumption of “no policy change … population is fairly limited, although it is accepted that the labour productivity of an individual is likely to decline after …

determinants of the labor productivity growth for the manufacturing sector of some developed economies (Western European Countries … Australia. Capital growth and labor cost growth do not appear relevant in explaining productivity growth. The estimated Verdoorn …

The paper explores a novel extension of the R&D-productivity literature. It puts forward an empirical model where … sectoral productivity growth is related to the characteristics of technological regimes and a set of other industry … show, in particular, that sectoral differences in productivity growth in Europe are related to cross-industry differences …

’s productivity and creativity and promotes entrepreneurship and technological advances. In addition it plays a very crucial role in …