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The author argues that productivity should be raised by bringing the low productivity segment of the workforce closer …
Persistent link: https://www.econbiz.de/10005518961
countries. He finds that Ireland has experienced a long-term productivity boom over the last 25 years and that the recent … acceleration in per capita GDP reflects an acceleration in employment rate growth, not in productivity growth. The main policy …
Persistent link: https://www.econbiz.de/10005518962
Estimates produced by the OECD indicate that labour productivity levels are higher in a number of European countries … argues that a structural measure of labour productivity, closer to a measure of technical efficiency, would take into account … employment rate and hours of work in terms of productivity and that once these effects are taken into account, the United States …
Persistent link: https://www.econbiz.de/10005518969
In addition to productivity levels, living standards, as measured by GDP per capita, are determined by both average … higher employment/total population ratio, offset by a slightly lower productivity level. …
Persistent link: https://www.econbiz.de/10005650260
Major European countries, unlike the United States, did not experience an acceleration in labour productivity growth in … 1980-2000 period. They find that total factor productivity growth picked up considerably in the second half of the 1990s … relative to the first half, but that labour productivity growth actually decelerated. This latter development was related to …
Persistent link: https://www.econbiz.de/10005650251