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business finance and productivity. Numerous studies analyse the productivity effects of financial development and frictions …. The results suggest: 1) Financial development likely has favourable effects on productivity growth; 2) financial frictions … magnitudes of productivity costs of financial frictions generally appear modest in financially developed economies but are …
Persistent link: https://www.econbiz.de/10011700187
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is … probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly … regulations across states would boost competition and productivity. …
Persistent link: https://www.econbiz.de/10009711215
Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession … raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem … quality rather than block grants. Productivity performance could be enhanced by exposing sectors like health provision …
Persistent link: https://www.econbiz.de/10009690915
Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically …
Persistent link: https://www.econbiz.de/10009690977
The Spanish economy experienced significantly weaker labour productivity growth than other OECD economies and failed to … catch up with the most advanced economies in the period 1996-2007. In recent years labour productivity growth has … factors weigh on weak trend productivity growth. The relatively weak performance largely reflects the low growth of total …
Persistent link: https://www.econbiz.de/10009690983
Danish productivity has grown only weakly over the past two decades, both historically and in relation to other … to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth …
Persistent link: https://www.econbiz.de/10010374405
sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less … formal and low-productivity entities. This hampers efficient resource allocation and tends to entrench social inequalities … to be overcome to raise productivity in the informal, low-skill and low-productivity sector, and to facilitate resource …
Persistent link: https://www.econbiz.de/10010464942
This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity …
Persistent link: https://www.econbiz.de/10011823644
investment. While GDP growth was one of the strongest in OECD, employment did not reach the pre-crisis level and unemployment … internal devaluation with productivity increasing measures, including capital deepening and laying off low productivity workers …
Persistent link: https://www.econbiz.de/10009711224
Persistent link: https://www.econbiz.de/10009569028