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Labour productivity in the U.S. non-farm business sector grew two and a half per cent per year during the 1995-2005 period, nearly double its growth rate over the previous two decades. Services sector labour productivity (LP) and multifactor productivity (MFP) grew more rapidly and substantially...
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In France, the number of years of schooling is high, and so is spending on education. Over the past thirty years, spending per student has increased, in particular because of the growing importance of the secondary and tertiary levels. What, more generally, is the impact of education on the...
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French Abstract: Le coronavirus (COVID-19) a provoqué une baisse de l'activité économique mondiale, exacerbée par des mesures de distanciation sociale qui ont perturbé des secteurs couvrant le tourisme, l'industrie manufacturière et l'énergie. L'augmentation de l'inflation et...
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In this paper, we apply the surplus accounting methodology to analyze the distribution of the fruits of growth between production factors over the period 1950-2008. Three production factors are distinguished: paid employment, self-employment and capital. The surplus distributed to capital is nil...
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