. Accordingly, this paper exploits firm-level data to explore the nature of productivity-enhancing labour reallocation in Australia … aggregate level of productivity in Australia. Moreover, we show that the Australian economy is more successful at reallocating … resources to high productivity firms than many other OECD countries, which is consistent with Australia's relatively sound …

Productivity growth has been slow in many continental European countries over the last few decades, especially in … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in … Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. …