This paper computes sectoral contributions to real labour productivity growth in Malta during the two decades since … 2000. The aim is to give an account of the sectoral developments affecting Malta's productivity growth in the twenty years … technique developed by Tang and Wang (2004), which allows for the decomposition of sectoral productivity growth into efficiency …

This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …

This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …