; upgrading infrastructure; and improving energy efficiency. This Working Paper relates to the 2014 OECD Economic Survey (www.oecd.org/eco/surveys/economic-survey-estonia.htm). …Estonia can revitalise productivity growth and reap more benefits from its openness. Productivity is relatively low in … transfer. Building on Estonia’s favourable business environment, productivity growth could be raised by promoting smart …

, education, market efficiency, infrastructure, and institutions. Based on underlying proxies, the paper constructs indexes …This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … an extensive literature review, the paper identifies the main determinants of economic productivity as innovation …

This paper explores the effects of innovation efficiency on technology gap and product diversity between a leading firm … and its competitor. Our analysis shows some interesting results: when innovation efficiency is sufficiently large and … innovation efficiency on consumer surplus and social welfare. Managerial implications are discussed. …