Total factor productivity (TFP) growth began slowing in the United States in the mid-2000s, before the Great Recession … explanation offered in this paper is that the slowdown in U.S. TFP growth reflects a loss of efficiency or market dynamism over … the last two decades. Indeed, there are large differences in production efficiency across U.S. states, with the states …

After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to … analyze productivity and firm dynamism trends from 2003 to 2018. We document six facts that together show a decline in China … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on … productivity differ between the pre- and post-World War II periods. The pre-war period shows evidence of a productivity slowdown as …

This paper assesses the effects of structural reforms on firm-level productivity for 37 developing countries from 2006 … Bank Enterprise Surveys for firm-level productivity. The paper highlights the following results. Structural reforms such as … financial, fiscal, real sector, and trade reforms, significantly improve firm-level productivity. Interestingly, real sector …

We provide broad-based evidence of a firm size premium of total factor productivity (TFP) growth in Europe after the …

At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of … reducing labor market rigidities in states with high informality has a net positive effect on aggregate productivity …

This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to …

Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis … productivity slowdown over the past two decades in four closely integrated European countries, Austria, Denmark, Germany and the … Netherlands, based on firm-level data. Participation in global value chains appears to have affected productivity positively …

This paper explores the role for specific structural distortions in explaining Mexico's weak productivity growth … well-defined distortions that have a statistically and economically meaningful effect on productivity via resource …

, goods market efficiency, higher education, and innovation would permanently boost productivity growth by a total of 1 …Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural …