structural problems, unless China substantially upgrades institutions and policy factors and improves productivity, particularly …

's success well, poor productivity performance in the services sector has hampered overall productivity growth. The Republic of … People's Republic of China needs to upgrade its institutional quality and improve productivity, particularly in its services …

We revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for … higher rates of physical capital accumulation and greater total factor productivity (TFP) gains. These (relatively) high … with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long time. On …