This paper measures environmental efficiency (EE) and environmental productivity (EP) and analyzes differences in these across countries. It explores the macro-economic factors that could explain these differences and whether these differences can be explained by income levels and by the degree...

We explore the relation between a country's patents and its economic and productivity growth. Consistent with patents reflecting important innovations, a one standard deviation increase in patent stock leads to a 1.58% (1.52%) elevation in GDP (TFP) growth. Patent stock has a stronger impact on...

Productivity growth is the main driver of living standards. But productivity has slowed down over the past decade, starting already before the crisis. This paper shows that this is linked to a slowdown in the diffusion of global frontier innovations to other firms and difficulties in...

Global GDP growth has been propelled by two key factors over the past 50 years: growth of the size of the overall labor force, which doubled in the G20 countries as a result of brisk population growth, and rising productivity. Over the next half century, from 2014-2064, as a result of declining...

Recent studies have documented extensive heterogeneity in firm performance within countries, and innovation has been found as an important determinant. This paper addresses the issue of innovation firm performance across countries. A growing number of national firm level studies on the...

The impact of climate change on European Union (EU) countries and regions is poised to exhibit considerable diversity, influenced by factors encompassing average temperature, sectoral composition, developmental stages, and adaptation endeavours. The transition towards a more climate-friendly...

We study the importance of linguistic diversity in the workplace for workplace productivity. While cultural diversity might improve productivity through new ideas and innovation, linguistic diversity might increase communication costs and thereby reduce productivity. We apply a new measure of...

We study the importance of linguistic diversity in the workplace for workplace productivity. While cultural diversity might improve productivity through new ideas and innovation, linguistic diversity might increase communication costs and thereby reduce productivity. We apply a new measure of...

The economic impact of Artificial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard representative household assumption is rejected,...

This paper deals with the role of ICTs in the recent productivity slowdown, and with their possible future impact on productivity in developed countries: the United States (US), the Euro Area (EA), the United Kingdom (UK) and Japan. Few papers analyze the recent slowdown of the ICT contribution...