' for tradable producers before the slowdown in tradable sector productivity associated with Brexit occurs. Resources are … conceptualised as news about a future slowdown in productivity growth in the tradable sector. Simulations show that the responses of … the productivity decline in the tradable sector materialises. The negative news about tradable sector productivity also …

Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …