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The Pre-Great Recession Slowdown in Productivity
Cette, Gilbert - 2016
In the years since the Great Recession, many observers have highlighted the slow pace of productivity growth around the world. For the United States and Europe, we highlight that this slow pace began prior to the Great Recession. The timing thus suggests that it is important to consider factors...
Persistent link: https://www.econbiz.de/10012995508
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The Diffusion of ICTs and Growth of the French Economy over the Long-term, 1980-2000
Cette, Gilbert; Mairesse, Jacques; Kocoglu, Yusuf - In: International Productivity Monitor 4 (2002) Spring, pp. 27-38
Major European countries, unlike the United States, did not experience an acceleration in labour productivity growth in the second half of the 1990s. In this article, Gilbert Cette from the Bank of France and the University of Aix-Marseilles II, Jacques Mairesse of INSEE-CREST, and Yusef Kocoglu...
Persistent link: https://www.econbiz.de/10005650251
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Labour Market Regulations and Capital Labour Substitution
Cette, Gilbert - 2016
Legislation (EPL) indicator on four components of total capital and for two skill components of total labor. Relying on a … non-ICT capital - labor ratio and the share of high-skill labor; (ii) non-significant effects on the ICT capital – labor … ratio; (iii) negative and significant effects for R&D capital – labor ratio and the share of low-skilled labor. These …
Persistent link: https://www.econbiz.de/10012981833
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Education, market rigidities and growth
Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; … - 2007
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10010268166
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Education, market rigidities and growth
Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; … - 2007
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10003586568
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Education, Market Rigidities and Growth
Aghion, Philippe - 2010
This paper investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10013138191
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Education, Market Rigidities and Growth
Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; … - 2021
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10013316704
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Long-Term Growth and Productivity Projections in Advanced Countries
Cette, Gilbert - 2017
In this period of high uncertainty about future economic growth, we have developed a growth projection tool for 13 advanced countries and the euro area at the 2100 horizon. This high uncertainty is reflected in the debate on the possibility of a ‘secular stagnation', fuelled by the short-lived...
Persistent link: https://www.econbiz.de/10012964845
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What Explains the ICT Diffusion Gap Between the Major Industrialized Countries: An Empirical Analysis?
Cette, Gilbert; Lopez, Jimmy - In: International Productivity Monitor 17 (2008) Fall, pp. 28-39
Over the last few years, a large body of literature has shown that the level of information and communications technology (ICT) diffusion, and, as a result, the favorable effects of this diffusion on productivity, differ greatly between the major advanced countries, with the United States the...
Persistent link: https://www.econbiz.de/10005481847
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Firm-Level Productivity Dispersion and Convergence
Cette, Gilbert - 2018
The productivity slowdown has been analysed as an effect of weaker technological progress, of the digital economy or of a less efficient reallocation process. Using data on firms operating in France, we highlight that, at the technological frontier, productivity has accelerated, especially over...
Persistent link: https://www.econbiz.de/10012926458