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Corporate investment is crucial for productivity growth. When economic growth is sluggish and productivity growth weak, the government is likely to compensate the shortage of tax revenues with debt. The aim of this research is to study the connection between public indebtedness and productivity...
Persistent link: https://www.econbiz.de/10014278317
In this paper, we investigate the role of labor productivity growth and whether the determinants of labor productivity growth differed among the middle income trap (MIT) and the graduated (non-middle income trap, NMIT) countries in the 1950–2005 period. We decompose labor productivity growth...
Persistent link: https://www.econbiz.de/10012217541
This policy brief provides results regarding productivity levels and dynamics in the Western Balkan countries in a comparative perspective, drawing on the newly established wiiw Western Balkan Productivity Database. The database provides time series of value added, gross output and intermediate...
Persistent link: https://www.econbiz.de/10012272121
This study is a first contribution to prioritization across productivity determinant capabilities that attempts to obtain the equivalent of a "shadow price" for each of these capabilities by estimating their impact on the success a country may have in reaching higher income per capita groups....
Persistent link: https://www.econbiz.de/10011535762
The authors provide an extensive review of the rapidly expanding research on productivity, both at the macro and micro levels. They focus primarily on papers written about Canada, but also draw on selected studies from other countries, especially the United States, where such work sheds...
Persistent link: https://www.econbiz.de/10010289711
Thist article by Andrew Sharpe and Leila Gharani from the Centre for the Study of Living Standards examines the factors behind slow productivity growth in Canada in the second half of the 1990s, in marked contrast to the acceleration of productivity in the United States, and discusses the...
Persistent link: https://www.econbiz.de/10005518977
The authors provide an extensive review of the rapidly expanding research on productivity, both at the macro and micro levels. They focus primarily on papers written about Canada, but also draw on selected studies from other countries, especially the United States, where such work sheds...
Persistent link: https://www.econbiz.de/10005536846
Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermediate products and capital equipments produced in the richer countries, however, derive benefits from knowledge...
Persistent link: https://www.econbiz.de/10005537294
. In this article, as part of the symposium on total factor productivity, Timothy C. Sargent and Edgard R. Rodriquez of Finance Canada discuss the issue of the choice between labour and total factor productivity. They conclude that both measures have uses. For periods of less than a decade,...
Persistent link: https://www.econbiz.de/10005650242
The objective of this report is to provide an overview of the main drivers of economic growth and productivity evolution in Belgium between 1970 and 2004, based on a consistent data set. The growth accounting methodology is applied to explain value added and labour productivity growth for total...
Persistent link: https://www.econbiz.de/10005572337