Dabla-Norris, Era; Guo, Si; Haksar, Vikram; Kim, Minsuk; … - International Monetary Fund (IMF) - 2015
Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This paper documents sector-level productivity patterns across advanced economies prior to the crisis and examines the role of product and labor market rigidities as well as innovation...
