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Wealth of Nations : The Future of Productivity

the Secretary-General of the OECD, OECD, 2015년 발간

세부항목 안내표
대분류 키워드 Time Horizon Quality Territorial Scope
Economics future, global, productivity, OECD 없음 Highly Recommand Global

Report 보고서

요약

Productivity is the ultimate engine of growth in the global economy. Raising productivity

is therefore a fundamental challenge for countries going forward. This new OECD report

on The Future of Productivity shows that we are not running out of ideas. In fact, the growth

of the globally most productive firms has remained robust in the 21st century. However,

the gap between those global leaders and the rest has increased over time, and especially

so in the services sector. This implies that knowledge diffusion should not to be taken for

granted. Future growth will largely depend on our ability to revive the diffusion machine,

both within and across countries. At the same time, there is much scope to boost productivity

and reduce inequality simply by more effectively allocating human talent to jobs.

본문

Acronyms and abbreviations .................................................................................................................. 15

Executive summary .................................................................................................................................. 17

Chapter 1. The past and future of productivity .................................................................................... 19

1.1. Global productivity has been solid, despite the slowdown in OECD countries .............................. 20

1.2. The OECD productivity slowdown in long-run comparative context ............................................. 21

1.3. Structural dimensions to the productivity slowdown ...................................................................... 24

1.4. The impact of the crisis ................................................................................................................... 28

1.5. The sources of future growth ........................................................................................................... 32

References .............................................................................................................................................. 39

Chapter2. Thinking about productivity ................................................................................................. 43

2.1. The global productivity frontier ...................................................................................................... 45

2.2. Diffusion of innovations and best practices .................................................................................... 47

2.3. Firm heterogeneity and reallocation ................................................................................................ 50

References .............................................................................................................................................. 52

Chapter 3. Enhancing productivity in a globalised world .................................................................... 55

3.1. Facilitating global learning spillovers ............................................................................................. 56

3.2. Allowing productive firms to thrive ................................................................................................ 59

3.3. Making the most of human capital .................................................................................................. 63

References .............................................................................................................................................. 67

Chapter 4. The role of public policy ....................................................................................................... 69

4.1. Public policy and the global productivity frontier ........................................................................... 71

4.2. Innovation-specific policies are important but trade-offs emerge ................................................... 72

4.3. Well-designed framework policies allow productive firms to thrive .............................................. 79

4.4. Making the most of human capital requires a range of policies ...................................................... 82

References .............................................................................................................................................. 88

Chapter 5. Conclusions and future research ......................................................................................... 93

Annex A. Additional charts and tables ................................................................................................... 97

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