is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in many … are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and …

Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …

Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …

, highlighting the dichotomy between productivity-driven long-run growth and short-run deviations from the underlying growth … examining competitiveness based on unit labor costs at the three digit industry level in a group of comparable countries. The …

the level of high income economies. Evidence from China’s provinces indicates that there is room to improve productivity …

countries. Simulations on the impact of productivity shocks in Chinese textiles and machinery suggest that the required …

to invest abroad is positively related to their productivity and the size of their intangible assets. …

the next five years. The reasons behind this slowdown differ across the region. Lower productivity growth drives the … productivity growth is key to unlocking the region’s higher growth potential. For oil importers, raising physical capital …

productivity by attracting foreign investment is essential for higher sustainable growth. …