in the same region is associated with increasing productivity of local firms, especially in form of cross …

output and trend productivity growth that Luxembourg’s economy is facing. Given the relatively high labour costs, Luxembourg … Luxembourg’s high living standards thus requires strengthening the economy’s growth potential via further diversification of … for women, can be reduced. Productivity and innovation are also affected by the effectiveness of the secondary education …

governments should use policy tools to ‘re-localise’ GVCs. But re-localising may also mean less diversification and thereby limit …

We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …

Productivity growth has declined in most advanced economies in the past two decades and there are signs that the pace … - international trade in intermediate inputs - for multi-factor productivity growth using a range of cross-country industry-level data … sources. We find that greater participation in GVCs is associated with faster domestic productivity growth at the industry …