substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …

In this paper, we aim to bring the debate on the global productivity slowdown – which has largely been conducted from a … macroeconomic perspective – to a more micro-level. We show that a particularly striking feature of the productivity slowdown is not … so much a lower productivity growth at the global frontier, but rather rising labour productivity at the global frontier …

robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …

productivity costs. This shift will have varied implications for businesses, contingent upon their scale, access to financial … without displacing other initiatives, yet stringent climate regulations might impede the productivity ascent of … productivity disparities exist between top and bottom emitters within specific industries. The transition period poses a risk to a …