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The aim of this report is to foster a better understanding of past trends in, and drivers of, productivity growth in … the countries of the European Union (EU) and of the interplay between productivity and monetary policy. To this end, a … productivity growth, including within the European System of Central Banks and in the context of the review of the ECB’s monetary …
Persistent link: https://www.econbiz.de/10012627152
This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the … long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity … sector, the distribution of gains from the impressive labour productivity growth appears to be markedly uneven. Finally …
Persistent link: https://www.econbiz.de/10011986753
Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...
Persistent link: https://www.econbiz.de/10012007050
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011815929
In recent years, literature has linked structural reforms with productivity growth. Considering Portugal’s recent …-2014, this paper assesses the impact of structural reforms on firms’ productivity. In line with existing literature, the analysis … productivity levels. The firms’ distance to the technological frontier mediates the impact of reforms, either by potentiating its …
Persistent link: https://www.econbiz.de/10011732451
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011869248
The present paper analyzes the impacts of total labor productivity and efficiency in Oman State. As a Gulf state it has … industries relative to abundant fishing potentials, labor productivity and technical changes in addition to available capital are …
Persistent link: https://www.econbiz.de/10014172608
the drop in private economy productivity growth between 1990-2000 and 2010-2016, though it accounted for less than 20% of … aggregate value-added. While productivity growth fell in almost all three-digit manufacturing industries, almost 40% of the fall … in aggregate manufacturing productivity growth reflected a slower decline of the deflator for computers and electronic …
Persistent link: https://www.econbiz.de/10014116390
strong creditor protection for aircraft finance. After this reform, country-level productivity in the aviation sector …
Persistent link: https://www.econbiz.de/10012668205
and regulation and productivity measurement of the German electricity industry in particular. The methodological approach … empirical productivity analyses based on a growth accounting fiamework. A major share of the data that are utilized for this … productivity analyses. …
Persistent link: https://www.econbiz.de/10011747619