THE FIVE DRIVERS: AN EMPIRICAL REVIEW

Productivity, or the amount of output produced by a given number of inputs,can be measured in a number of ways;1 the focus of Governmentpolicy, and much of the theoretical and empirical literature, is on labourproductivity, which provides the theme of the discussion in this review.A central plank of UK Government policy concerning Britain’s long runeconomic performance relates to microeconomic policies aimed at raisingthe rate of productivity growth....

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Year of publication:	2005-12-01
Authors:	Fawcett, Nicholas ; Cameron, Gavin
Institutions:	University <Oxford> / Department of Economics
Subject:	Innovation \| Produktivität \| Entrepreneurship \| Marktstruktur

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1 Introduction
2 Productivity Growth in Theory
3 The Empirical Literature
3.1 Physical Investment
3.2 Skills
3.3 Innovation
3.4 Competition and Market Structure
3.5 Enterprise and Entrepreneurship
4 Evaluating the Literature
4.1 Assessing the Estimates
4.2 Remaining Issues in the Literature
5 Productivity and Policy
6 Concluding Comments
REFERENCES

Persistent link: https://www.econbiz.de/10005870182