Bloom, Nicholas; Bunn, Philip; Mizen, Paul; Smietanka, Pawel - 2021
Productivity is a key determinant of the sustainability of the public finances. While the initial impact of Covid-19 on … labor productivity growth shows a surprisingly positive impact, the impact on total factor productivity (TFP) is less clear … medium term. These numbers comprise a large reduction in ‘within-firm’ productivity as intermediate costs increased due to …