the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …, aggregate productivity growth has decreased in most advanced economies since the 1970s. However, it is likely that without the … spread of digital technologies the productivity slowdown would have been even more pronounced, and the recent acceleration in …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

A number of studies in the literature have recently explored the causes behind the European productivity slowdown from … the mid-1990s onwards and the correlative increase in the productivity gap between Europe and the United States (e.g., van … EU. In the last decade, Spain has shown one of the worst productivity growth records among EU-members, whereas Portugal …

This paper explores the contribution of structural change and the skill upgrading of the labour force to productivity …. Our growth decomposition based on an original database we built for Tunisia and Turkey shows that productivity is mainly … explained by intra-industry changes during the import substitution period. Second, we show that this productivity increase has …

that slow growth in agricultural productivity can substantially delay the development process and result in significant … differences in per capita incomes. Some of our results indicate that low agricultural productivity delayed the beginning of the … can be accelerated, however, by increasing productivity in the non-agricultural sector. In fact, in the long run, it is …

We explain labor productivity differences of the service sector between Europe and the U.S. through the labor … allocation taking place within the service sector. We measure labor productivity using a multisector structural transformation … trade as well as business services to be the two sectors responsible for most of the lack of catch-up in labor productivity …

In this chapter, Andrew Sharpe provides a comprehensive non-technical introduction to the productivity issue, including … discussion of productivity concepts, measurement issues, trends and prospects. He begins by noting that productivity is the … production. The measurement of productivity is fraught with conceptual and empirical issues, meaning that there can be a …

income, population, labour force, employment, unemployment, output and productivity. The second section looks at the common … first half of the 1990s, has its roots in part in the different labour market and productivity performance of the two … professional occupations; growing wage inequality; and the downward trend in the non-accelerating inflation rate of unemployment …

the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …-run productivity growth. Using panel data from 13 OECD countries from 1960 to 1990, we find evidence that an increase in unemployment …Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a …

unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …