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explain most of the well-known differences in aggregate growth rates of labour productivity and employment across these … productivity and capital, the paper analyses service sector growth in detail. It argues that a careful consideration of the forces … of long-run growth may help to better explain differences in employment and productivity growth, in particular if …
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This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …
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We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ … a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the …
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We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ … a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the …
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productivity growth in Malaysia. Using data from the Department of Statistics Malaysia from 1987 to 2018 and decompositions that … structural transformation but instead to sustained growth in within-sector labor productivity. At 3 percent, the contribution of …, the main policy challenge for Malaysia going forward will be to achieve sustainable labor productivity growth within …
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