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Lagging Productivity Growth
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Book Synopsis Lagging Productivity Growth by : Shlomo Maital
Download or read book Lagging Productivity Growth written by Shlomo Maital and published by Cambridge, MA : Ballinger Publishing Company. This book was released on 1980 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparison of the decline of industrial growth and productivity in Canada and the USA - analyzes industrial structures, economic structures and underlying trends (incl. Statistical tables from nine OECD countries), factors such as research and development spending, energy prices and woman worker participation, with a literature survey of management effects on organizational behaviour and Motivation, and advocates changes in productivity policy with private sector support. Bibliography pp. 275 to 294 and diagrams.
Book Synopsis Lagging Productivity Growth by : Frederic M. Scherer
Download or read book Lagging Productivity Growth written by Frederic M. Scherer and published by . This book was released on 1992 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Lagging Labor Productivity Growth in the United States by : Sang Wee Liang
Download or read book The Lagging Labor Productivity Growth in the United States written by Sang Wee Liang and published by . This book was released on 1992 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach by : Min Zhu
Download or read book China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach written by Min Zhu and published by International Monetary Fund. This book was released on 2019-11-27 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.
Book Synopsis Growth in a Time of Change by : Hyeon-Wook Kim
Download or read book Growth in a Time of Change written by Hyeon-Wook Kim and published by Brookings Institution Press. This book was released on 2020-02-25 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.
Book Synopsis Global Productivity by : Alistair Dieppe
Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Macroeconomic Inequality from Reagan to Trump by : Lance Taylor
Download or read book Macroeconomic Inequality from Reagan to Trump written by Lance Taylor and published by Cambridge University Press. This book was released on 2020-08-20 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.
Book Synopsis Measuring Economic Growth and Productivity by : Barbara Fraumeni
Download or read book Measuring Economic Growth and Productivity written by Barbara Fraumeni and published by Academic Press. This book was released on 2019-11-08 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson. Demonstrates how an approach based on sources of economic growth (KLEMS – capital, labor, energy, materials and services) can be used to analyze economic growth and productivity Includes examples covering the G7, E7, EU, Latin America, Norway, China, Taiwan, Japan, Korea, India and other South Asian countries Examines the effects of digital, information, communication and integrated technologies on national and regional economies
Book Synopsis LAGGING PRODUCTIVITY GROWTH IN THR SERVICE SECTOR: MISMEASUREMENT, MISMANAGEMENT OR MISINFORMATION? by : Dinah MACLEAN
Download or read book LAGGING PRODUCTIVITY GROWTH IN THR SERVICE SECTOR: MISMEASUREMENT, MISMANAGEMENT OR MISINFORMATION? written by Dinah MACLEAN and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Lagging Productivity Growth in the Service Sector by : Dinah Maclean
Download or read book Lagging Productivity Growth in the Service Sector written by Dinah Maclean and published by . This book was released on 1997 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Productivity Puzzle: Restoring Economic Dynamism by : David Adler
Download or read book The Productivity Puzzle: Restoring Economic Dynamism written by David Adler and published by CFA Institute Research Foundation. This book was released on 2019-10-30 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is a collection of articles on productivity and related topics submitted by speakers at an interdisciplinary November 2017 conference sponsored by, among others, the CFA Institute Research Foundation, with additional articles solicited by the editors from noted experts on the field.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1513516175 Total Pages :208 pages Book Rating :4.5/5 (135 download)
Book Synopsis World Economic Outlook, October 2019 by : International Monetary Fund. Research Dept.
Download or read book World Economic Outlook, October 2019 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2019-10-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
Book Synopsis The Long Shadow of Informality by : Franziska Ohnsorge
Download or read book The Long Shadow of Informality written by Franziska Ohnsorge and published by World Bank Publications. This book was released on 2022-02-09 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.
Book Synopsis Race to the Bottom by : Lance Taylor
Download or read book Race to the Bottom written by Lance Taylor and published by . This book was released on 2018 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Dualism” in the structure of production across sectors of the US economy, employment bysector, productivity levels and growth, real wages, and intersectoral terms-of trade increasedmarkedly between1990 and 2016. The discussion focuses on 16 sectors. Seven were “stagnant” -- construction, education and health, other services, entertainment, accommodation and food,business services, and transportation and warehousing. They had low productivity levels,productivity growth rates hovering around zero, and low real wages. Their share of totalemployment rose from 47% in 1990 to 61% in 2016. The other “dynamic” sectors had higherand positively growing productivity while the terms-of- trade shifted against them. Thisbifurcation between industries is discussed in terms of a simple model. Increasing duality andsecular stagnation are distinct possibilities.
Download or read book Canadaĺls Lagging Productivity written by and published by . This book was released on 2010 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity growth in Canada's economy was much weaker in 1984ĺl2008 compared with 1962ĺl1983. This report looks at the role of human and physical capital in explaining this slowdown.
Download or read book Canadaĺls Lagging Productivity written by and published by . This book was released on 2011 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This briefing addresses the reason that productivity growth matters so much by asking: "What if Canada had matched the U.S. productivity performance over the past two decades?" The answer is startling.
Download or read book Productive Equity written by Zia Qureshi and published by . This book was released on 2018-09-25 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: An agenda for economic growth and equity In recent decades global economic productivity has slowed, while income inequality within nations has increased. The global economic pie has been growing more slowly--and more unequally--feeding the social discontent that is so evident in much of the world today. The contributors to this volume argue that the paradox of slowing productivity growth despite booming new technologies is real, not illusory. Most discussions of these trends in productivity growth and income distribution treat them as separate problems, with independent solutions. This book by economic experts with long experience in studying the global economy and development argues that lagging productivity and growing inequality are, in fact, linked by common causes and must have common solutions. Chief among those causes are the nature of today's technological changes and the failures of markets and policymakers to keep up with those changes. In essence, the potential benefits of technological change, which coincided with the era of accelerated globalization, have not been harnessed to foster more robust, and more inclusive, economic growth. The authors maintain that reviving productivity growth and reducing inequality are not competing objectives for policy. Rather, they propose an integrated agenda emphasizing the synergistic nature of achieving long-term productivity growth and equity. The authors call for an agenda of "productive equity" that highlights the need for innovative policies, at both the national and international levels, that take advantage of the technological changes now reshaping markets and the world of work.
