Showing 1 - 10 of 215
As it takes time and effort to learn how to fully utilise new technology and realise its maximum potential productivity … gain, adoption of new technology tends to reduce productivity temporarily, even though the potential productivity gain in … potential explanation of the following two “productivity puzzles” reported in the Information Technology (IT) literature and in …
Persistent link: https://www.econbiz.de/10012445893
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10011276784
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
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …
Persistent link: https://www.econbiz.de/10012444731
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