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productivity that is difficult to interpret. In this article, we explore some possible explanations for recent economic growth and … labour productivity outcomes, with a focus on developments in the composition of growth. We also examine whether recent … productivity outcomes hold any implications for the Australian economy's potential growth rate. We find that recent weak growth in …
Persistent link: https://www.econbiz.de/10010784704
In this chapter, Andrew Sharpe provides a comprehensive non-technical introduction to the productivity issue, including … discussion of productivity concepts, measurement issues, trends and prospects. He begins by noting that productivity is the … production. The measurement of productivity is fraught with conceptual and empirical issues, meaning that there can be a …
Persistent link: https://www.econbiz.de/10005650208
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
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify the determinants of market structure and long-run firm values for two U.S. service industries, dentists and chiropractors. Entry costs faced by potential entrants, fixed costs...
Persistent link: https://www.econbiz.de/10010732479
Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a dynamic, structural model of entry and exit in...
Persistent link: https://www.econbiz.de/10005058836
This study was commissioned by the European Commission, Directorate General "Enterprise and Industry" and was completed at the end of 2005. The objective was to investigate the impact of the accession of new member states on the intra-European division of labour and on global competitiveness in...
Persistent link: https://www.econbiz.de/10008791351
The recession left its mark on global productivity, which fell in 2009. The productivity growth differential between … the United States and Europe increased dramatically in 2009. Average long-term growth of labour productivity in advanced … economies has stalled since 2000. The gradual improvement in world productivity is due to emerging and developing economies. In …
Persistent link: https://www.econbiz.de/10008752329
The objective of this article is to evaluate the impact of the oil and gas industry on labour productivity growth in … affects aggregate productivity. The article sheds light on the paradoxical lack of a direct negative contribution of the oil … and gas sector to aggregate labour productivity growth despite the very large fall in productivity experienced by the …
Persistent link: https://www.econbiz.de/10011185159
Canada’s productivity performance reflects in large part our innovation record, both in terms of business sector R …
Persistent link: https://www.econbiz.de/10011185572
Dirk Pilat and Paul Schreyer of the OECD discuss the new OECD Productivity Database. The database covers 26 OECD … countries for labour productivity estimates, as well as 14 countries for multifactor productivity estimates. While the database … represents the most comparable productivity estimates that are currently available for cross-OECD comparisons, the authors also …
Persistent link: https://www.econbiz.de/10005292742