Tabla de Contenidos:
  • Cover
  • Half Title
  • Title
  • Copyright
  • Summary of Contents
  • Contents
  • Foreword
  • Acknowledgments
  • Authors
  • Abbreviations
  • Introduction
  • Motivation
  • Key findings and policy messages
  • Implications of COVID-19 for productivity
  • Synopsis
  • Future research directions
  • References
  • PART I: Productivity: Trends and Explanations
  • Chapter 1 Global Productivity Trends
  • Introduction
  • Evolution of productivity
  • Sources of the slowdown in labor productivity growth after the GFC
  • Drivers of productivity growth synchronization
  • Conclusion
  • Annex 1A: Cyclical and technology-driven labor productivity developments
  • References
  • Chapter 2 What Explains Productivity Growth
  • Introduction
  • Long-run drivers
  • Summary of stylized facts
  • Analyzing the effects of drivers
  • Developments in drivers of productivity
  • Outlook
  • Policy priorities
  • Conclusion
  • Annex 2A: Partial correlations
  • Annex 2B: Long-run regressions
  • References
  • Chapter 3 What Happens to Productivity during Major Adverse Events
  • Introduction
  • Adverse events: Literature and stylized facts
  • Measuring the impact of adverse events on productivity
  • What policies can mitigate the effects of adverse events?
  • Conclusion
  • Annex 3A: Data, sources, and definitions
  • Annex 3B: Robustness
  • Annex 3C: Methodology
  • References
  • Chapter 4 Productivity Convergence: Is Anyone Catching Up?
  • Introduction
  • How has productivity convergence evolved?
  • Testing for convergence and its pace
  • Convergence clubs
  • Conclusion and policy implications
  • Annex 4A: Solow-Swan growth model
  • Annex 4B: Data
  • Annex 4C: Beta-convergence testing
  • Annex 4D: Estimating convergence clubs: Commonalities in productivity levels
  • Annex 4E: Convergence clubs with common productivity trajectories
  • Annex 4F: Productivity measurement: PPP vs. market exchange rates
  • References
  • PART II: Regional Dimensions of Productivity
  • Chapter 5 Regional Productivity: Trends, Explanations, and Policies
  • Introduction
  • Evolution of productivity across regions
  • Sources of, and bottlenecks to, regional productivity growth
  • East Asia and Pacific
  • Europe and Central Asia
  • Latin America and the Caribbean
  • Middle East and North Africa
  • South Asia
  • Sub-Saharan Africa
  • Conclusion
  • References
  • PART III: Technological Change and Sectoral Shifts
  • Chapter 6 Productivity: Technology, Demand, and Employment Trade-Offs
  • Introduction
  • Drivers of productivity: Technology vs. demand shocks
  • Effects of technology shocks
  • Effects of demand shocks
  • Conclusion and policy implications
  • Annex 6A: SVAR identification of technology drivers of productivity
  • Annex 6B: Commodity-driven productivity developments
  • Annex 6C: Commodity-driven productivity developments: Methodology
  • References
  • Chapter 7 Sectoral Sources of Productivity Growth
  • Introduction
  • Sectoral productivity gaps