Productivity Trends in the United States PDF Download

Author: John W. Kendrick
Publisher: Princeton [N.J.] : Princeton University Press
ISBN:
Category : Labor productivity
Languages : en
Pages : 694

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Author: John W. Kendrick
Publisher: National Bureau of Economic Res
ISBN: 9780870143670
Category : Labor productivity
Languages : en
Pages : 23

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Author:
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 84

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Author: Alistair Dieppe
Publisher: World Bank Publications
ISBN: 1464816093
Category : Business & Economics
Languages : en
Pages : 552

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Book Description
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:
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 24

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Author: John W. Kendrick
Publisher: Baltimore : Johns Hopkins University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 204

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Author: Bert G. Hickman
Publisher:
ISBN:
Category : Agricultural machinery industry
Languages : en
Pages : 0

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Book Description

Author: Victor R. Fuchs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 72

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Author:
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 24

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Book Description

Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1498345719
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This paper documents sector-level productivity patterns across advanced economies prior to the crisis and examines the role of product and labor market rigidities as well as innovation and investments in information technology and human capital in driving productivity differences across sectors and countries. Since productivity payoffs of reforms evolve over time, we also focus on large changes in the structural indicators examine their dynamic impact on productivity, employment, and output. Our results suggest that reform priorities depend on country-specific settings, including the scale of specific policy distortions and the distance from the technology frontier. Productivity gains from reforms are large and materialize predominantly in the medium term, with some important variations across industries and countries.