This paper investigates the effect of product market regulations on the international diffusion of productivity shocks … observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s … of productivity shocks, namely the adoption of information and communications technology and the location decisions of …

capita gross domestic product could be offset by increases in productivity. However, for many regions, productivity growth … years. One reason for this is that ageing also has a direct negative impact on productivity growth, with the effect being … affected by demographic change, is a more solid driver of productivity growth. Finally, ageing seems to be associated with a …