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One key issue contributing to this downturn is the country's declining total factor productivity (TFP), a measure of how efficiently inputs like labour and capital are used to generate output.

It highlights many of the common causes including a near universal slowing of capital accumulation and markedly lower rates of total factor productivity in countries at widely differing stages of ...

We develop a sectoral framework—accounting for the impacts of digitalization, aging and climate change policies—to better understand the sources of total factor productivity (TFP) growth in Canada. We ...

In this paper, by adding business-group factors to the approach of analyzing productivity dynamics suggested by Foster, Haltiwanger, and Krizan (2001), we decompose total factor productivity (TFP) ...

In his second article in this submitted series , veteran economist and agribusiness advisor Phil Holmes looks at the ...

Analysts at the bank think that more expensive borrowing costs could force firms to employ resources more efficiently.

The speech addresses the future of the Gulf Cooperation Council (GCC), highlighting the region's economic growth, the importance of necessary reforms, and the need for continued diversification and ...

The improvement had "occurred alongside a marked increase in the efficiency of rice production as measured by total factor productivity", they wrote. Lu Lin, first author of the note and an ...