Slowing Productivity Growth - A developed economy
Developed economies have experienced slowing productivity growth in recent decades. Potential common drivers include falling rates of innovation, the fading impacts of ICT and past economic reforms, and shifting economic activity to lower productivity sectors. These are argued to have had varying degrees of influence on country performance, tempered by domestic factors. The latter appear to play an important role in the case of Australia.
Volume (Year): (2013)
Issue (Month): 2 (December)
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- Bart van Ark & Mary O'Mahoney & Marcel P. Timmer, 2008. "The Productivity Gap between Europe and the United States: Trends and Causes," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 25-44, Winter.
- Robert J. Gordon, 2010. "Revisiting U. S. Productivity Growth over the Past Century with a View of the Future," NBER Working Papers 15834, National Bureau of Economic Research, Inc.
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