Productivity Performance, Institutions, and Policy: A Review Article

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Abstract

This review article evaluates recent comparative research on productivity institutions and policy effectiveness, covering evidence from the OECD Global Forum on Productivity, national productivity commissions, and the UK Productivity Insights Network. It highlights the growing consensus around frontier-laggard firm dynamics, the importance of management practices and intangible capital for productivity growth, and the role of regional agglomeration and place-based policy. The article emphasizes the need for better micro-data integration and a systems approach to productivity policy.

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