namely, structural change and technological catch up. For each country, the index calculates the productivity gap with … productivity by the employment share of those activities in the total labour force. In doing so, it combines a technological … dimension relative productivity and a structural dimension the size of the modern sector thus providing a concise measure of the …

This paper quantifies the effect of reallocation dynamics on aggregate productivity developments in the banking sectors … of Europe and the United States. We document an increase in productivity over the period 1995-2009, on the order of 11 in … regions European productivity has grown by reallocating inputs through the first half of the sample, at the same time when …