Matches in SemOpenAlex for { <https://semopenalex.org/work/W2921118114> ?p ?o ?g. }
Showing items 1 to 56 of
56
with 100 items per page.
- W2921118114 abstract "What is behind exceptionally weak productivity growth across many developed economies? We analyze seven countries (United States, Germany, France, UK, Italy, Spain, and Sweden) across six sectors (automotive, technology, retail, electric power, tourism, and finance) and examine supply and demand factors in the period from 2010 to 2014 compared to 2000 to 2004. For each sector, we combine economic analyses with McKinseys industry expertise to shed light on the microeconomic causes behind industry productivity performance. We find three waves collided to drive productivity growth across sectors: the waning of the impact of the 1990s information technology revolution; financial crisis aftereffects, including weak demand and uncertainty; and digital disruption which offers substantial opportunities to boost productivity growth but comes with lags and transition costs. We calculate that the first two waves dragged down productivity growth by 1.9 percentage points across countries since the mid-2000s, from 2.4 per cent to 0.5 per cent. As financial crisis aftereffects recede and more companies incorporate digital solutions, we expect productivity growth to recover, with productivity growth potential of at least 2 per cent per year across countries over the next decade." @default.
- W2921118114 created "2019-03-22" @default.
- W2921118114 creator A5031948391 @default.
- W2921118114 creator A5055551193 @default.
- W2921118114 creator A5070001278 @default.
- W2921118114 date "2018-08-01" @default.
- W2921118114 modified "2023-09-27" @default.
- W2921118114 title "Solving the Productivity Puzzle: The Role of Demand and the Promise of Digitization" @default.
- W2921118114 cites W1502388085 @default.
- W2921118114 cites W2166881616 @default.
- W2921118114 cites W2400343362 @default.
- W2921118114 cites W2596713026 @default.
- W2921118114 cites W2727870408 @default.
- W2921118114 cites W2738454884 @default.
- W2921118114 cites W2750722266 @default.
- W2921118114 cites W3126081245 @default.
- W2921118114 hasPublicationYear "2018" @default.
- W2921118114 type Work @default.
- W2921118114 sameAs 2921118114 @default.
- W2921118114 citedByCount "1" @default.
- W2921118114 countsByYear W29211181142020 @default.
- W2921118114 crossrefType "journal-article" @default.
- W2921118114 hasAuthorship W2921118114A5031948391 @default.
- W2921118114 hasAuthorship W2921118114A5055551193 @default.
- W2921118114 hasAuthorship W2921118114A5070001278 @default.
- W2921118114 hasConcept C139719470 @default.
- W2921118114 hasConcept C162324750 @default.
- W2921118114 hasConcept C175605778 @default.
- W2921118114 hasConcept C204983608 @default.
- W2921118114 hasConcept C2779308522 @default.
- W2921118114 hasConcept C41008148 @default.
- W2921118114 hasConcept C76155785 @default.
- W2921118114 hasConceptScore W2921118114C139719470 @default.
- W2921118114 hasConceptScore W2921118114C162324750 @default.
- W2921118114 hasConceptScore W2921118114C175605778 @default.
- W2921118114 hasConceptScore W2921118114C204983608 @default.
- W2921118114 hasConceptScore W2921118114C2779308522 @default.
- W2921118114 hasConceptScore W2921118114C41008148 @default.
- W2921118114 hasConceptScore W2921118114C76155785 @default.
- W2921118114 hasLocation W29211181141 @default.
- W2921118114 hasOpenAccess W2921118114 @default.
- W2921118114 hasPrimaryLocation W29211181141 @default.
- W2921118114 hasRelatedWork W2052504849 @default.
- W2921118114 hasRelatedWork W2101424854 @default.
- W2921118114 hasRelatedWork W2264308036 @default.
- W2921118114 hasRelatedWork W2461059200 @default.
- W2921118114 hasRelatedWork W2901817749 @default.
- W2921118114 hasRelatedWork W3125748017 @default.
- W2921118114 hasRelatedWork W3151638566 @default.
- W2921118114 hasRelatedWork W4241614181 @default.
- W2921118114 hasRelatedWork W4297687875 @default.
- W2921118114 hasRelatedWork W2187217174 @default.
- W2921118114 isParatext "false" @default.
- W2921118114 isRetracted "false" @default.
- W2921118114 magId "2921118114" @default.
- W2921118114 workType "article" @default.