factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …

This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …

This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …

This paper documents that structural change positively contributed to labor productivity growth in Guinea during 2006 …-15. However, the contribution of structural change to productivity growth was modest (about one percentage point per year on … average), because labor moved from agriculture, the least productive sector, into other relatively low-productivity activities …