The Productivity Slowdown, Causes and Policy Responses
Author | : |
Publisher | : |
Total Pages | : 98 |
Release | : 1981 |
Genre | : Industrial policy |
ISBN | : |
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Author | : |
Publisher | : |
Total Pages | : 98 |
Release | : 1981 |
Genre | : Industrial policy |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 45 |
Release | : 1981 |
Genre | : Industrial productivity |
ISBN | : |
Author | : American Enterprise Institute for Public Policy Research |
Publisher | : |
Total Pages | : 456 |
Release | : 1984 |
Genre | : Business & Economics |
ISBN | : |
Conference papers, comparison, economic growth, productivity trends, USA, developed countries - industrial investment, research and development, energy policy, education, labour relations, labour cost, tax, industrial growth, labour productivity. Bibliography, graphs, statistical tables.
Author | : William D. Nordhaus |
Publisher | : |
Total Pages | : 102 |
Release | : 1980 |
Genre | : |
ISBN | : |
Author | : Palle Schelde Andersen |
Publisher | : |
Total Pages | : 90 |
Release | : 1983 |
Genre | : |
ISBN | : |
Author | : Cristina Constantinescu |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2015-01-21 |
Genre | : Business & Economics |
ISBN | : 1498399134 |
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.
Author | : Alistair Dieppe |
Publisher | : World Bank Publications |
Total Pages | : 552 |
Release | : 2021-06-09 |
Genre | : Business & Economics |
ISBN | : 1464816093 |
The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD
Author | : Jack B. Hoey (Jr) |
Publisher | : |
Total Pages | : |
Release | : |
Genre | : Management |
ISBN | : |
Author | : Jackson B. Powell |
Publisher | : |
Total Pages | : 0 |
Release | : 2010 |
Genre | : Industrial productivity |
ISBN | : 9781607412618 |
Among the goals of economic policy is a rising standard of living, and it is generally understood that the means to that end is rising productivity. Productivity relates the quantity of goods and services produced, and the income generated as a result of that production, to the amount of labour required to produce it. The most commonly used measure of the living standard of a nation, is simply the ratio of that income to the total population, without regard to how the income is actually distributed. This book examines the link between productivity and living standards and the trends and proposals in productivity growth.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 222 |
Release | : 2017-07-17 |
Genre | : |
ISBN | : 9264279172 |
The 32nd issue of the International Productivity Monitor is a special issue produced in collaboration with the OECD. All articles published in this issue were selected from papers presented at the First Annual Conference of the OECD Global Forum on Productivity held in Lisbon, Portugal, July ...