 Main lessons of the NBB’s 2014 conference “Total factor productivity: measurement, determinants and effects”Emmanuel Dhyne and Catherine Fuss Economic Review, 2014, issue iii, 63-76 Abstract: The article summarises the scientific contributions and discussions at the 2014 conference organised by the NBB on “Total factor productivity : measurement, determinants and impacts”. At this conference, six original contributions were presented and discussed. They addressed the following questions : (i) what are the implications of technological progress for the relative demand for production factors ? (ii) what are the implications of ageing for the level of productivity in Belgian firms ? (iii) how does competition from imports affect domestic producers ? (iv) what is the link between production efficiency and the organisation of the goods and labour markets ? (v) does State aid improve corporate productivity ? Apart from these contributions, three lectures looked at the causes of the slowdown in total factor productivity in the advanced economies and the effect of innovations (in the form of products, processes or organisation and management) as a driver of TFP growth. Finally, a panel of international experts discussed the main economic policies necessary to avoid what some refer to as secular stagnation. Keywords: Total Factor Productivity; potential growth (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2014:m:december:i:iii:p:63-76 Access Statistics for this article More articles in Economic Review from National Bank of Belgium Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.