This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe … exercise. Productivity trends during the COVID-19 pandemic differed from past trends. Labour productivity per hour worked … temporarily increased, while productivity per employee declined across sectors given the widespread use of job retention schemes …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …, aggregate productivity growth has decreased in most advanced economies since the 1970s. However, it is likely that without the … spread of digital technologies the productivity slowdown would have been even more pronounced, and the recent acceleration in …

We study the consequences of the COVID-19 pandemic on productivity by matching firm performance outcomes with … led to a significant short-term decline in productivity predominantly driven by the within-firm growth component. A … non-viable firms. However, government subsidies appear to have had a limited effect on aggregate productivity developments. …