Productivity Growth
Found 13 free book(s)Do minimum wages stimulate productivity and growth?
wol.iza.orgincluding the minimum wage—and productivity growth [5]. The authors use data on 11 OECD countries (Belgium, Canada, France, Greece, Ireland, Japan, the Netherlands, Portugal, Spain, the UK, and the US) over the period 1979−2003 to estimate the effect of minimum wages on productivity levels and growth. They find that a ten-percentage-
Measuring Productivity - OECD Manual
www.oecd.orgproductivity level comparisons between industries have to address the tricky issue of currency conversion.1 Productivity growth measurement avoids this question and constitutes a useful starting point, given its frequent use in analysis and policy formulation. • Second, the manual focuses on the measurement of productivity at the industry level.
The Impact of Robots on Productivity, Employment and Jobs
ifr.orgworked) is associated with a 0.04% increase in labour productivity (Centre for Economics and Business Research 2017). Looking ahead, the McKinsey Global Institute predicts that up to half of the total productivity growth needed to ensure a 2.8% growth in GDP over the next 50 years will be driven by automation (McKinsey Global Institute 2017).
The Effect of Population Aging on Economic Growth, the ...
www.nber.orggrowth primarily through its impact on labor force participation, with little effect on average productivity (National Research Council, 2012; Burtless, 2013). In addition, we find that the decline in productivity growth does not only reflect changes in the age composition of the pool of workers (who are on average older in states that age faster).
ANALYSING POLICIES TO IMPROVE AGRICULTURAL …
www.oecd.orgApr 13, 2015 · - Productivity Innovation and economies of scale contribute productivity growth but the extent depends on the type of innovation (e.g. labour saving technologies may improve labour productivity but not total factor productivity) - Sustainability Some innovations can improve sustainability and climate change adaptation and mitigation.
International Trade and Its Effects on Economic Growth in ...
ftp.iza.orggrowth is of great significance in this globalized era. It helps policymakers map out appropriate policies by determining the source of productivity growth with respect to international trade. Since the initiation of economic reforms and the adoption of the open door policy, international trade and China’s economy have experienced dramatic ...
DEFINING AND MEASURING PRODUCTIVITY
www.oecd.orgProductivity growth constitutes an important element for modelling the productive capacity of economies. It also allows analysts to determine capacity utilisation, which in turn allows one to gauge the position of economies in the business cycle and to forecast economic growth. In addition, production
MEASURING PRODUCTIVITY IN HEALTHCARE
www.brookings.eduMultifactor productivity growth measures the increase in output over time that is achievable with the same set of inputs—same amount of labor, capital, energy, etc. Increases in
IS AUTOMATION LABOR-DISPLACING? PRODUCTIVITY …
www.nber.orgproductivity growth, innovation, and labor displacement at the country-industry level. As Figure 1 underscores, naively extrapolating from industry-level to aggregate-level relationships is potentially fallacious. The alternative, directly estimating effects at the macro-level, often
The Facts of Economic Growth - Stanford University
web.stanford.eduEconomic growth, Development, Long-run growth, Productivity JEL Classification Codes E01, O10, 04 ... Note: Growth rates are average annual growth rates in percent, and GDP per person is measured in real 1990 dollars.: A (1) The Facts of Economic Growth. c. The Facts of Economic Growth. 5.
Productivity and Efficiency Measurement in Agriculture
www.fao.org2 which puts agricultural productivity growth at the centre of the objective of Africa to achieve agriculture-led growth and fulfil its targets on food and nutrition security. In the Declaration, it is stated that in order to end hunger in Africa by 2025, at least a doubling of agricultural productivity is needed from current levels.
MATERIAL RESOURCES, PRODUCTIVITY AND THE …
www.oecd.orgMaterial Resources, Productivity and the Environment Key Findings 1. Establishing a resource efficient economy is central to greening growth Natural resources are fundamental to the economy and human well-being Natural resources provide essential inputs …
PRODUCTIVITY GROWTH IN THE INDUSTRIAL REVOLUTION
www.frbsf.orgGrowth accounting has played an important role in the reassessment of British economic growth during the industrial revolution and the emergence of the Crafts-Harley view.1 The results obtained in recent analyses have suggested that total factor productivity (TFP) growth