developments assesses whether an acceleration of productivity growth, the touchstone of the New Economy, is likely to occur in … institutional changes such as product and labour market deregulation have served as catalysts for growth. He then looks at the role … concludes that an acceleration in productivity in Europe is likely, as is a continuation of strong productivity gains in the …

This paper gives a conceptual overview of the openness and vulnerability, sharing which in both cases respectively … depends on economic policy and on structural factors, independent from policy. It focuses on openness policy, proposed to be … measured by the residual of an openness function estimated only from structural factors, and on structural vulnerability …

Trend productivity growth is a crucial determinant of future living standards as well as fiscal balances. In this … article, Benoit Robidoux and Bing-Sun Wong from Finance Canada examine the issue of whether trend productivity growth has … authors find that Canada experienced a greater pick-up in total factor productivity growth than the United States. Increased …

highly persistent. Moreover benefits (in terms of productivity) resulting from innovation are differentiated according to the … initial technological level of firms. Lastly, innovating firms seem to contribute significantly to the economic growth over …

Both ICT-producing and ICT-using industries have contributed disproportionately to labour productivity growth in the …-using industries to productivity growth. In the 1995-2000 period, the contribution of ICT-producing industries to labour productivity … growth was similar in Canada and the Europe, but only half that in the United State. In terms of the contribution of ICT …

Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in … the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings …

The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in … with the United States can be accounted for by our slower labour productivity growth. In the first half of the period our … of productivity growth in the United States after 1995 was responsible for our relative deterioration in living standards …

.S. productivity levels during the postwar period and finds strong evidence for this phenomenon up to 1990, with rapid growth in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given … the narrowing of the productivity gap with the United States, and perhaps most important, the acceleration of productivity …

Living Standards. It points out that there now appears to be a renaissance in productivity growth in the U.S. service sector … large productivity gains in a wide range of service industries. …

productivity growth, capital per worker and the skills level of the workforce as represented by educational attainment, have … improved markedly in the construction sector in recent years. He explains the stagnation of labour productivity growth despite … problems which underestimate productivity growth. …