This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea’s labor … productivity and total factor productivity levels are below the median of other advanced economies. We identify sizable industry …-level productivity gaps in Korea with respect to the global frontier, especially in market-oriented services. Using the OECD’s Product …

This paper investigates the effect of firing costs on total factor productivity (TFP) and resource allocation …

communications bandwidth, the development of a new economy, and any associated impact on macroeconomic growth and productivity …

Productivity reflects not only how efficiently inputs are transformed into outputs, but also how well information is …

Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …

Productivity dispersion across countries has led to several studies on the determinants of firm level productivity and … the role of macroeconomic policies in determining productivity. In this paper, we investigate the effect of fiscal … consolidation on firm level productivity in 12 advanced economies by combining an updated dataset of fiscal consolidation measures …

This paper is an exploration in the relative performance and sources of productivity growth of U.S. private businesses … productivity database, we developed a general system to manage data. The paper describes this system and then applies it by … and, consequently, multifactor productivity disaggregated by industry and legal form of organization, and it analyzes the …

One explanation for declining R&D productivity is demise of industrial research labs. We test that explanation using … decline in R&D productivity. There we find that labs decrease firms’ R&D productivity 5.2%, on average. Using both aggregate …

This paper examines the impact of Dollar exchange rate volatility on firm productivity in Emerging Markets economies … volatility reduces firm productivity growth. Exploring channels, its finds that the results are driven by countries with low …