The growth of total factor productivity (TFP) in advanced economies has slowed significantly after the 1970s. The … global financial crisis (GFC) has resulted in the second productivity growth slowdown. This paper, on the basis of a broad … literature review, identifies the structural forces and legacies of the financial crisis, explaining the productivity growth …

current low productivity and GDP growth in advanced countries. Our projection tool allows for the modelling of technology …

This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …

increase in total factor productivity (TFP) of about 0.03 from 1951 to 1999; and a smaller exponential rate of growth of real …

This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across … reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and … payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term …

Which structural reforms affect labour productivity growth in developing countries? This paper answers this question by … that financial reforms, trade reforms, and product market reforms boost labour productivity growth. By documenting the main … channels, our results reveal that the reforms studied stimulate labour productivity growth by inducing dynamic efficiency …

This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …

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 …

The purpose of this article is to study the trends in per capita productivity in several major industrialised countries …, France and the United Kingdom. Productivity trends are then studied over a shorter period, using quarterly data, for the … studies of this kind, but they are too often focused on presenting average productivity growth rates for given periods chosen …