This paper presents the results of long run labour productivity and GDP growth rate projections (until 2050) for each … employment and labour productivity. These base case projections reflect the working assumption of “no policy change … population is fairly limited, although it is accepted that the labour productivity of an individual is likely to decline after …

, the sector also contributed in an indirect way to economic growth by generating knowledge and productivity spill-overs for … characterised by a relatively weak productivity growth. Does this contribute to growth stagnation tendencies à la the so …-called “Baumol disease”? The paper argues that there is no reason to expect this as long as the productivity and growth spill …

Labour productivity is defined as output per unit of labour input. Economists acknowledge that technical progress as … well as growth in capital inputs increases labour productivity. However, little attention has been paid to the fact that … changes in labour input alone could also impact labour productivity. Since this effect disappears for the constant returns to …

We introduce two new indexes of labour productivity growth. Both indexes are intended to capture the shift in the short … to the U.S. industry data of the years 1970–2005, we compare newly proposed index of labour productivity growth with the … growth of average labour productivity over periods and across industries. We revisit the hypothesis of Baumol’s disease …

This paper examines effects of the formation of physical and human capital on the growth of labour productivity, Total … Factor Productivity (TFP) and wages in China, incorporating the market reform factors such as ownership shifts, population … economic regions of China show different growth patterns. The capital inputs mostly help the labour productivity growth in the …

an efficient work organization. In this article it is analyzed the evolution of the productivity and employment levels in … labor productivity is also the pointer of the quality of life in a economy, therefore it represents the value produced by … the work. Moreover, the total factors productivity is the measure of the technological and organizational progress (don …

data set and the latest technique for analysis. The paper focuses on growth in total factor productivity and its … period, total factor productivity has experienced a positive evolution in sampled countries. This good performance of the … regression in productivity in the 1970s, and made some progress during the 1980s and 1990s. The study also highlights the fact …

European business services has witnessed about two decades of virtual productivity stagnation. The paper investigates … indicator for the effectiveness of market selection. We use a DEA method to construct the productivity frontier by sub … lack of import penetration. The results suggest that policy reform and more market openness will have positive productivity …