Large gaps in labor productivity between the traditional and modern parts of the economy are a fundamental reality of … developing societies. In this paper, we document these gaps, and emphasize that labor flows from low-productivity activities to … high-productivity activities are a key driver of development. Our results show that since 1990 structural change has been …

of climate change on sectoral reallocation and aggregate productivity. First, I use firm-level data from a wide range of … countries to estimate the effect of temperature on productivity in manufacturing and services. Estimates suggest that extreme … heat reduces non-agricultural productivity, but less so than in agriculture, implying that hot countries could adapt to …

This paper explores the role of knowledge flows and productivity growth by linking direct survey data on knowledge …

reallocation is closely linked to productivity. While these patterns hold on average, the extent to which the reallocation dynamics … accelerated reallocation even more productivity enhancing than reallocation in normal times. In the Great Recession, we find the … intensity of reallocation fell rather than rose and the reallocation that did occur was less productivity enhancing than in …

relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is … on its ability to generate productivity increase, and domestic innovation will be an important part of it. In this paper …. In terms of drivers of innovation growth, we find that embracing expanded market opportunities in the world economy and …