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EBookClubs

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Book Sectoral Energy  and Labour productivity Convergence

Download or read book Sectoral Energy and Labour productivity Convergence written by Peter Mulder and published by . This book was released on 2003 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book China   s Productivity Convergence and Growth Potential   A Stocktaking and Sectoral Approach

Download or read book China s Productivity Convergence and Growth Potential A Stocktaking and Sectoral Approach written by Min Zhu and published by International Monetary Fund. This book was released on 2019-11-27 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.

Book Energy  Productivity  and Economic Growth

Download or read book Energy Productivity and Economic Growth written by Sam H. Schurr and published by . This book was released on 1983 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book International Comparisons of Sectoral Energy  and Labour Productivity Performance

Download or read book International Comparisons of Sectoral Energy and Labour Productivity Performance written by Henri L. F. de Groot and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper addresses the interplay between economic growth, energy use, change in sectoral composition and technological change, by exploring trends in energy- and labour-productivity development for 14 OECD countries and four sectors over the period 1970-1997. A cross-country decomposition analysis reveals that in some countries structural changes contributed considerably to macroeconomic energy-productivity growth while in other countries they partly offset energy-efficiency improvements. In contrast, structural changes only play a minor role in explaining macroeconomic labour-productivity developments. We also find labour productivity growth to be higher on average than energy productivity growth. Over time, this bias towards labour productivity growth is increasing in Transport, Agriculture and Manufacturing, while it is decreasing in Services.

Book Global Productivity

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Book Sectoral Decomposition of Convergence in Labor Productivity

Download or read book Sectoral Decomposition of Convergence in Labor Productivity written by Alistair Dieppe and published by . This book was released on with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to aggregate beta convergence, using a newly constructed eight-sector database. The main findings are twofold. First, both within and sectoral reallocation have become important drivers of aggregate convergence in labor productivity. Second, agricultural productivity growth has been a significant contributor to aggregate convergence, whereas catch-up in other sectors has only contributed a small amount to convergence. The strong growth of the agriculture sector has been the most important driver of aggregate productivity convergence even though agricultural productivity itself in low-income countries is weakly converging to that in advanced economies.

Book OECD Compendium of Productivity Indicators 2019

Download or read book OECD Compendium of Productivity Indicators 2019 written by OECD and published by OECD Publishing. This book was released on 2019-04-29 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries.

Book Sustainable Resource Use and Economic Dynamics

Download or read book Sustainable Resource Use and Economic Dynamics written by Lucas Bretschger and published by Springer Science & Business Media. This book was released on 2007-07-19 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chapters in the book cover a broad range of aspects regarding the relationship between natural resource use and long-term economic development. The book surveys existing literature as well as adds to frontier research. In particular, the following topics are studied: incentives for adoption and diffusion of clean technology, resource scarcity and limits to growth, international convergence of energy intensity, and the social norms shaping resource depletion.

Book An Evaluation study on Production  Productivity and Industrial Relations in Lanco Industry at Srikalahasti of Chittoor District

Download or read book An Evaluation study on Production Productivity and Industrial Relations in Lanco Industry at Srikalahasti of Chittoor District written by Dr. S. Khootizal kubara and published by Ashok Yakkaldevi. This book was released on 2021-01-04 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.1 Production: Cost of production is the deciding factor for supply which depends upon prices of raw materials and its physical relation between input and output. It is the physical relation between input and output which determines the cost of production. Production represents functional relationship between quantities of inputs and amount of output produced. Production is an economic activity. Production is used for an activity of making some material. In economics, production is used in a wider sense. 1.2 Importance of Production: Price theory plays an important role in the theory of production. This provides a base for analysis of relationship between costs and amounts of output. Cost along with demand and supply of a product determine the price of a product. Cost of production is determined by the prices of inputs of production and thereby the price of product. Secondly, the basis of theory of firm demand for factors of production is theory of production. The theory of production plays a pivotal role in theory of firm. The theory of firm deals with the level of output whichwill produce in turn the maximum profits. The firm’s marginal and average costs of production decide the profits maximizing output besides the demand conditions. In addition to the prices of inputs, the changes in marginal and average costs of production as a result of increase in output are determined by the physical relationship between inputs and output.

Book OECD Compendium of Productivity Indicators 2018

Download or read book OECD Compendium of Productivity Indicators 2018 written by OECD and published by OECD Publishing. This book was released on 2018-06-19 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries. It includes measures of labour productivity, capital productivity and multifactor productivity, as well ...

Book Development Patterns of Material Productivity

Download or read book Development Patterns of Material Productivity written by Larissa Talmon-Gros and published by Springer Science & Business Media. This book was released on 2014-02-10 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing concerns regarding the world’s natural resources and sustainability continue to be a major issue for global development. As a result several political initiatives and strategies for green or resource-efficient growth both on national and international levels have been proposed. A core element of these initiatives is the promotion of an increase of resource or material productivity. This dissertation examines material productivity developments in the OECD and BRICS countries between 1980 and 2008. By applying the concept of convergence stemming from economic growth theory to material productivity the analysis provides insights into both aspects: material productivity developments in general as well potentials for accelerated improvements in material productivity which consequently may allow a reduction of material use globally. The results of the convergence analysis underline the importance of policy-making with regard to technology and innovation policy enabling the production of resource-efficient products and services as well as technology transfer and diffusion.

Book CPB Report

Download or read book CPB Report written by and published by . This book was released on 2003 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Improving Energy Efficiency Through Technology

Download or read book Improving Energy Efficiency Through Technology written by R. J. G. M. Florax and published by Edward Elgar Publishing. This book was released on 2011 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Increasing energy-efficiency is important because it offers the prospect of partly solving our climate change and energy security problems without pain. This book sheds further light on the issue, focusing on energy-extensive economic activities which, by sheer volume, collectively use a substantial amount of energy. That simple fact alone makes this book worthwhile, but there are many other gems.' Richard Tol, the Economic and Social Research Institute (ESRI), Ireland This innovative book explores the adoption of energy-saving technologies and their impact on energy efficiency improvements. It contains a mix of theoretical and empirical contributions, and combines and compares economic and physical indicators to monitor and analyse trends in energy efficiency. The authors pay considerable attention to empirical research on the determinants of energy-saving investment including uncertainty, energy-price volatility and subsidies. They also discuss the role of energy modelling in policy design and the potential effect of energy policies on technology diffusion in energy-extensive sectors. Written from a multi-disciplinary perspective, this book will appeal to academics and graduates in the areas of energy-saving technologies, energy economics and natural resource economics, as well as policy-makers particularly those in energy policy.

Book Convergence Clubs and Spatial Externalities

Download or read book Convergence Clubs and Spatial Externalities written by Stilianos Alexiadis and published by Springer Science & Business Media. This book was released on 2012-09-24 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities. ​

Book Productivity Convergence

Download or read book Productivity Convergence written by Edward N. Wolff and published by Cambridge University Press. This book was released on 2014 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically reviews the most significant works that examine the sources of economic growth.

Book Energy Security and Development

Download or read book Energy Security and Development written by B. Sudhakara Reddy and published by Springer. This book was released on 2015-02-05 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a systematic framework for energy suppliers, policy makers, academics, students, and all others interested in energy security, and analyzes key issues concerning energy, security and sustainability with the help of a wealth of data. While sustainability is the broadest objective, energy security is an important part of it, at the global, national and societal levels. The development of a sustainable, long-term solution to meeting the world’s energy needs is a defining issue of our time, since central global challenges that the world faces—poverty alleviation, climate change, and environmental degradation—are directly linked to energy security. The contributions cover key issues in sustainable energy and illustrate that the insecurity of a majority of countries owes to internal factors which have more to do with market forces, inefficient technologies, lack of institutions, environmental insecurity, pricing mechanisms, etc., and less to do with the international situation. The links between energy and development are both direct and indirect. Directly, energy provides several services and utilities to maintain human well-being, and also does so indirectly through stakeholders. This volume addresses both the direct and indirect links and provides sustainable alternatives, helping readers to better grasp the resilience of both socio-economic and resource sub-systems in the process. The issues affecting energy supply and demand, including technology portfolios, environmental considerations and consumer attitudes are thoroughly discussed. One of the critical questions that arises is how to facilitate energy investment. The investment climate and the key issues involved are analyzed, including: the capital flows with reasonable and stable investment frameworks, timely decision-making by governments, and open markets. The broad objective of the volume is to foster a deeper understanding of the concept of energy security and to identify the methods of analysis, policy initiatives and future research needed to generate a balanced pattern of energy use and mitigate its impact on humanity and the environment.