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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. The main findings of this study … existing studies on other countries, plant turnover reflects underlying productivity differentials in Korean manufacturing … account for as much as 45 and 65 per cent in manufacturing productivity growth during cyclical upturn and downturn …
Persistent link: https://www.econbiz.de/10012445716
This paper examines the development of Russian industry in comparison with that of Ukrainian industry during 1995–2004 in an effort to ascertain to what extent, if any, Russian manufacturing showed signs of succumbing to ‘Dutch disease’. Ukraine and Russia began the market transition with...
Persistent link: https://www.econbiz.de/10005046265
other public policies can narrow regional gaps in income, well-being and access to services, productivity growth is key to …, this paper documents the performance of Swedish large regions (TL2) on the main productivity drivers identified by the … high regional productivity, namely rail and road connectivity, knowledge-intensive employment and research and education …
Persistent link: https://www.econbiz.de/10012801203
leads to changes in incumbent firms’ productivity. We find that platform use increases labour productivity growth in firms … employment. What is more, productivity gains are greater for small firms and firms in the middle of the productivity distribution … in narrowing productivity gaps among firms. Finally, productivity gains are stronger in more dynamic platform markets …
Persistent link: https://www.econbiz.de/10012661010
Intangible assets are an important driver of productivity and ultimately output growth. Yet, despite their aggregate … rise in the past decades, productivity has continued to grow modestly in the majority of OECD countries. This is in part … analysis, the paper provides evidence that easing financing restrictions is particularly beneficial for productivity in sectors …
Persistent link: https://www.econbiz.de/10012661025
The recovery from the current deep recession caused by the COVID-19 pandemic will require raising productivity through … competition, firms face weak incentives to become more productive. Sizeable shares of labour and capital are trapped in low-productivity …
Persistent link: https://www.econbiz.de/10012630141
to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …
Persistent link: https://www.econbiz.de/10012443928
implemented during the 1990s are now paying off in terms of productivity and GDP growth. Empirical evidence suggests that … deregulation has delivered a considerable “productivity dividend”. Although significant progress therefore has been made, renewed …
Persistent link: https://www.econbiz.de/10012444481
developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for … capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by …
Persistent link: https://www.econbiz.de/10012445598