Productivity Revisited : Shifting Paradigms in Analysis and Policy

The stagnation of productivity in the developing world, and indeed, across the globe, over the last two decades dictates a rethinking of productivity measurement, analysis, and policy. This volume presents a 'second wave' of thinking in three key areas of productivity analysis and its impl...

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Main Authors:	Cusolito, Ana Paula, Maloney, William F.
Format:	Book
Language:	English
Published:	Washington, DC: World Bank 2018
Subjects:	PRODUCTIVITY PRODUCTIVITY GROWTH FIRM PERFORMANCE TECHNOLOGY ADOPTION TOTAL FACTOR PRODUCTIVITY LABOR PRODUCTIVITY LABOR MARKET LABOR SKILLS PUBLIC SECTOR MANAGEMENT HUMAN CAPITAL MEASUREMENT GROWTH POLICY ECONOMIC GROWTH ECONOMIC DISTORTIONS GOVERNMENT CAPACITY INNOVATION COMPETITIVENESS COMPETITION POLICY
Online Access:	http://hdl.handle.net/10986/30588

id	okr-10986-30588
recordtype	oai_dc
spelling	okr-10986-305882021-04-23T14:04:58Z Productivity Revisited : Shifting Paradigms in Analysis and Policy Cusolito, Ana Paula Maloney, William F. PRODUCTIVITY PRODUCTIVITY GROWTH FIRM PERFORMANCE TECHNOLOGY ADOPTION TOTAL FACTOR PRODUCTIVITY LABOR PRODUCTIVITY LABOR MARKET LABOR SKILLS PUBLIC SECTOR MANAGEMENT HUMAN CAPITAL MEASUREMENT GROWTH POLICY ECONOMIC GROWTH ECONOMIC DISTORTIONS GOVERNMENT CAPACITY INNOVATION COMPETITIVENESS COMPETITION POLICY The stagnation of productivity in the developing world, and indeed, across the globe, over the last two decades dictates a rethinking of productivity measurement, analysis, and policy. This volume presents a 'second wave' of thinking in three key areas of productivity analysis and its implications for productivity policies. It calls into question the measurement and relevance of distortions as the primary barrier to productivity growth; urges a broader concept of firm performance that goes beyond efficiency to quality upgrading and demand expansion; and explores what it takes to generate an experimental and innovative society where entrepreneurs have the personal characteristics to identify new technologies and manage risk within an entrepreneurial ecosystem that facilitates them doing so. It also reviews arguments surrounding industrial policies. The authors argue for an integrated approach to productivity analysis that incorporates both the need to reduce economic distortions and generate the human capital capable of identifying the opportunities offered to follower countries and upgrade firm capabilities. Finally, it offers guidance on prioritizing policies when there is uncertainty around diagnostics and limited government capability. 2018-10-23T15:35:25Z 2018-10-23T15:35:25Z 2018-10-25 Book 978-1-4648-1334-4 http://hdl.handle.net/10986/30588 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	PRODUCTIVITY PRODUCTIVITY GROWTH FIRM PERFORMANCE TECHNOLOGY ADOPTION TOTAL FACTOR PRODUCTIVITY LABOR PRODUCTIVITY LABOR MARKET LABOR SKILLS PUBLIC SECTOR MANAGEMENT HUMAN CAPITAL MEASUREMENT GROWTH POLICY ECONOMIC GROWTH ECONOMIC DISTORTIONS GOVERNMENT CAPACITY INNOVATION COMPETITIVENESS COMPETITION POLICY
spellingShingle	PRODUCTIVITY PRODUCTIVITY GROWTH FIRM PERFORMANCE TECHNOLOGY ADOPTION TOTAL FACTOR PRODUCTIVITY LABOR PRODUCTIVITY LABOR MARKET LABOR SKILLS PUBLIC SECTOR MANAGEMENT HUMAN CAPITAL MEASUREMENT GROWTH POLICY ECONOMIC GROWTH ECONOMIC DISTORTIONS GOVERNMENT CAPACITY INNOVATION COMPETITIVENESS COMPETITION POLICY Cusolito, Ana Paula Maloney, William F. Productivity Revisited : Shifting Paradigms in Analysis and Policy
description	The stagnation of productivity in the developing world, and indeed, across the globe, over the last two decades dictates a rethinking of productivity measurement, analysis, and policy. This volume presents a 'second wave' of thinking in three key areas of productivity analysis and its implications for productivity policies. It calls into question the measurement and relevance of distortions as the primary barrier to productivity growth; urges a broader concept of firm performance that goes beyond efficiency to quality upgrading and demand expansion; and explores what it takes to generate an experimental and innovative society where entrepreneurs have the personal characteristics to identify new technologies and manage risk within an entrepreneurial ecosystem that facilitates them doing so. It also reviews arguments surrounding industrial policies. The authors argue for an integrated approach to productivity analysis that incorporates both the need to reduce economic distortions and generate the human capital capable of identifying the opportunities offered to follower countries and upgrade firm capabilities. Finally, it offers guidance on prioritizing policies when there is uncertainty around diagnostics and limited government capability.
format	Book
author	Cusolito, Ana Paula Maloney, William F.
author_facet	Cusolito, Ana Paula Maloney, William F.
author_sort	Cusolito, Ana Paula
title	Productivity Revisited : Shifting Paradigms in Analysis and Policy
title_short	Productivity Revisited : Shifting Paradigms in Analysis and Policy
title_full	Productivity Revisited : Shifting Paradigms in Analysis and Policy
title_fullStr	Productivity Revisited : Shifting Paradigms in Analysis and Policy
title_full_unstemmed	Productivity Revisited : Shifting Paradigms in Analysis and Policy
title_sort	productivity revisited : shifting paradigms in analysis and policy
publisher	Washington, DC: World Bank
publishDate	2018
url	http://hdl.handle.net/10986/30588
_version_	1764472440229986304

Productivity Revisited : Shifting Paradigms in Analysis and Policy

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