This paper investigates the effect of product market regulations on the international diffusion of productivity shocks … observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s … of productivity shocks, namely the adoption of information and communications technology and the location decisions of …

Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by … inflows of foreign direct investment (FDI). Increasing productivity growth in the service sector, which accounts for 67% of … boost productivity in service industries with high growth potential, such as telecommunications and financial and business. …

Labour productivity growth in the service sector, which accounts for 70% of Japan’s economic output and employment, has … inflows of foreign direct investment (FDI). Reversing the deceleration in productivity growth in the service sector is … productivity growth in services characterised by either low productivity or high growth potential, such as retail, transport …

to keep up the sustained growth of productivity. Reforms that enhance competition in product markets are among those that … can potentially bring about significant productivity gains. China has been lowering the burden on start-ups and …

As it takes time and effort to learn how to fully utilise new technology and realise its maximum potential productivity … gain, adoption of new technology tends to reduce productivity temporarily, even though the potential productivity gain in … potential explanation of the following two “productivity puzzles” reported in the Information Technology (IT) literature and in …

This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on … micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. i) Changes … in productivity in individual firms at a given size (relative to market). And, ii) a reallocation process due to …

leads to changes in incumbent firms’ productivity. We find that platform use increases labour productivity growth in firms … employment. What is more, productivity gains are greater for small firms and firms in the middle of the productivity distribution … in narrowing productivity gaps among firms. Finally, productivity gains are stronger in more dynamic platform markets …

Intangible assets are an important driver of productivity and ultimately output growth. Yet, despite their aggregate … rise in the past decades, productivity has continued to grow modestly in the majority of OECD countries. This is in part … analysis, the paper provides evidence that easing financing restrictions is particularly beneficial for productivity in sectors …

The recovery from the current deep recession caused by the COVID-19 pandemic will require raising productivity through … competition, firms face weak incentives to become more productive. Sizeable shares of labour and capital are trapped in low-productivity …

implemented during the 1990s are now paying off in terms of productivity and GDP growth. Empirical evidence suggests that … deregulation has delivered a considerable “productivity dividend”. Although significant progress therefore has been made, renewed …