Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This …

, labour market segmentation and underemployment; considers economic policy for structural change and economic growth to …

running from social conditions and factors to productivity growth. <p> The objective of the second issue of the Review of …

Australia has historically been Canada's poorer cousin. But a pick-up in productivity growth in the 1990s has raised … growth. He first points out that during the first half of the 20th century Australia enjoyed one of the highest levels of … 1990 and saw its productivity and GDP per capita ranking decline over this period. Productivity growth then picked up in …

We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the … accompanied by informal research. We find that radical innovations are the only significant contributors to TFP growth so that … innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production …

predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges … of growth through 2033. Growth averaged 4½ percent over the past 20 years. Our baseline suggests future growth rates … around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and …