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Recent Productivity Developments in the World Economy: An Overview from The Conference Board Total Economy Database

  • Vivian Chen

    ()

  • Abhay Gupta

    ()

  • Andre Therrien

    ()

  • Gad Levanon

    ()

  • Bart van Ark

    ()

The recession left its mark on global productivity, which fell in 2009. The productivity growth differential between the United States and Europe increased dramatically in 2009. Average long-term growth of labour productivity in advanced economies has stalled since 2000. The gradual improvement in world productivity is due to emerging and developing economies. In particular the long-term increase in TFP growth reflects a strengthening of the efficiency with which emerging and developing economies use labour and capital in productive economic activity.

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File URL: http://www.csls.ca/ipm/19/IPM-19-vanark.pdf
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Article provided by Centre for the Study of Living Standards in its journal International Productivity Monitor.

Volume (Year): 19 (2010)
Issue (Month): (Spring)
Pages: 3-19

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Handle: RePEc:sls:ipmsls:v:19:y:2010:1
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  1. Timmer, Marcel P. & Ypma, Gerard & Ark, Bart van der, 2003. "IT in the European Union: driving productivity divergence?," GGDC Research Memorandum 200363, .
  2. Marcel P. Timmer & Mary O’Mahony & Bart van Ark, 2007. "EU KLEMS Growth and Productivity Accounts: An Overview," International Productivity Monitor, Centre for the Study of Living Standards, vol. 14, pages 71-85, Spring.
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