developments assesses whether an acceleration of productivity growth, the touchstone of the New Economy, is likely to occur in … institutional changes such as product and labour market deregulation have served as catalysts for growth. He then looks at the role … concludes that an acceleration in productivity in Europe is likely, as is a continuation of strong productivity gains in the …

This paper gives a conceptual overview of the openness and vulnerability, sharing which in both cases respectively … depends on economic policy and on structural factors, independent from policy. It focuses on openness policy, proposed to be … measured by the residual of an openness function estimated only from structural factors, and on structural vulnerability …

The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and …

Trend productivity growth is a crucial determinant of future living standards as well as fiscal balances. In this … article, Benoit Robidoux and Bing-Sun Wong from Finance Canada examine the issue of whether trend productivity growth has … authors find that Canada experienced a greater pick-up in total factor productivity growth than the United States. Increased …

highly persistent. Moreover benefits (in terms of productivity) resulting from innovation are differentiated according to the … initial technological level of firms. Lastly, innovating firms seem to contribute significantly to the economic growth over …

capital accumulation on productivity growth in Canada, differences between Gross Domestic Product and Net Domestic Product …, future productivity growth in Canada, and the OECD growth study. …This seventh issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards …