Productivity revisited shifting paradigms in analysis and policy / Ana Paula Cusolito and William F. Maloney.

Author/creator Cusolito, Ana Paula
Other author Maloney, William F. (William Francis), 1959-
Format Electronic
Publication InfoWashington, DC : World Bank Group, [2018]
Descriptionxxviii, 170 pages : illustrations some color ; 26 cm
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

Contents Executive summary: the elusive promise of productivity -- The elusive promise of productivity -- Enhancing firm performance -- Misallocation, dispersion, and risk -- Entry and exit: creating experimental societies -- Productivity policies.
Abstract Productivity has again moved to center stage in two critical academic and policy debates: the showing of global growth amid spectacular technological advances, and developing countries' frustratingly slow progess in catching up to the technological frontier. Productivity revisited brings together the new conceptual advances of "second-wave" productivity analysis that have revolutionized the study of productivity, calling much previous analysis into question while providing a new set of tools for approaching these debates. The book extends this analysis and, using unique data sets from multiple developing countries, grounds it in the developing-country context. It calls for rebalancing away from an exclusive focus on misallocation toward a greater focus on upgrading firms and facilitating the emergence of productivenew establishments. Such an approach requires a supportive environment and various types of human capital - managerial, technical, and actuarial - necessary to cultivate new transformational firms. The book is the second volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.
Bibliography noteIncludes bibliographical references.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2018276031
ISBN1464813345
ISBN9781464813344 paperback