Series: Staff Discussion Notes
Author(s): Era Dabla-Norris , Si Guo , Vikram Haksar , Minsuk Kim , Kalpana Kochhar , Kevin Wiseman , and Aleksandra Zdzienicka
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 18 March 2015
Keywords: Productivity, structural reforms, growth, structural change, labor, productivity growth, employment, labor productivity, Macroeconomic Analyses of Economic Development, Government Policy,
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 an...